Micron Technology Inc (MU)

Days of inventory on hand (DOH)

		Feb 28, 2025	Nov 30, 2024	Aug 31, 2024	Aug 29, 2024	May 31, 2024	May 30, 2024	Feb 29, 2024	Nov 30, 2023	Aug 31, 2023	Jun 1, 2023	May 31, 2023	Mar 2, 2023	Feb 28, 2023	Dec 1, 2022	Nov 30, 2022	Sep 1, 2022	Aug 31, 2022	Jun 2, 2022	May 31, 2022	Mar 3, 2022
Inventory turnover		2.31	2.38	2.33	2.30	2.33	2.26	2.76	2.78	2.80	2.91	2.19	2.07	1.96	1.80	1.97	2.68	2.69	3.20	3.12	3.18
DOH	days	157.68	153.21	156.50	158.55	156.86	161.20	132.01	131.23	130.27	125.53	166.47	176.25	186.07	202.48	185.37	136.06	135.66	114.04	116.83	114.89

February 28, 2025 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 2.31
= 157.68

The days of inventory on hand (DOH) for Micron Technology Inc has shown fluctuations over the observed period. The DOH was relatively stable in the mid-100s range during the earlier periods, indicating a consistent level of inventory turnover. However, there was a notable increase in DOH towards the end of 2022 and the beginning of 2023, peaking at over 200 days in December 2022, suggesting a potential buildup of inventory.

Subsequently, there was a downward trend in DOH in mid-2023, indicating improved inventory management and possibly adjustments to address the earlier buildup. The trend continued into 2024, showing a gradual decrease in DOH levels.

Overall, the fluctuations in DOH for Micron Technology Inc reflect changes in inventory management practices and efficiency. A lower DOH typically indicates more efficient inventory turnover, while a higher DOH may suggest excess inventory levels or potential inefficiencies in managing inventory. Monitoring DOH over time can provide insights into the company's inventory management strategies and operational performance.