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
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.


See also:

Micron Technology Inc Average Receivable Collection Period (Quarterly Data)