Micron Technology Inc (MU)
Days of sales outstanding (DSO)
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 | ||
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Receivables turnover | — | — | — | 4.16 | — | 4.14 | — | — | — | 8.14 | — | 6.77 | — | 6.45 | — | 5.95 | — | 5.26 | — | 5.71 | |
DSO | days | — | — | — | 87.78 | — | 88.10 | — | — | — | 44.82 | — | 53.90 | — | 56.63 | — | 61.37 | — | 69.40 | — | 63.88 |
February 28, 2025 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
The Days of Sales Outstanding (DSO) for Micron Technology Inc fluctuated over the period provided in the JSON data.
In March 2022, the DSO stood at 63.88 days, indicating that on average, it took Micron Technology Inc approximately 63.88 days to collect its accounts receivable. This metric improved slightly to 61.37 days by September 2022, signifying a more efficient collection process during that period.
However, there were instances where the DSO data was not available, denoted by "\u2014 days" in May 2022, August 2022, November 2022, and in subsequent periods up to February 2025. This lack of data may suggest challenges in monitoring or reporting the collection period during those specific times.
The DSO decreased significantly to 44.82 days in June 2023, representing an even more efficient collection cycle compared to previous periods. This reduction in DSO is generally considered positive, as it indicates a quicker turnaround in converting accounts receivable into cash.
By May 2024, the DSO increased to 88.10 days, a notable uptick from the previous period. This increase could suggest potential issues in collecting receivables promptly, possibly impacting the company's cash flow and liquidity position.
Overall, analyzing the DSO trend provides insights into Micron Technology Inc's efficiency in collecting outstanding payments from customers. It is essential for the company to closely monitor and manage this metric to ensure a healthy working capital cycle and sustainable financial performance.
Peer comparison
Feb 28, 2025
See also:
Micron Technology Inc Average Receivable Collection Period (Quarterly Data)