Micron Technology Inc (MU)
Cash conversion cycle
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (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 |
| Days of sales outstanding (DSO) | days | — | — | — | 87.78 | — | 88.10 | — | — | — | 44.82 | — | 53.90 | — | 56.63 | — | 61.37 | — | 69.40 | — | 63.88 |
| Number of days of payables | days | — | — | — | 54.29 | — | 46.44 | — | — | — | — | — | — | — | — | — | 53.56 | — | — | — | — |
| Cash conversion cycle | days | 157.68 | 153.21 | 156.50 | 192.04 | 156.86 | 202.86 | 132.01 | 131.23 | 130.27 | 170.35 | 166.47 | 230.15 | 186.07 | 259.12 | 185.37 | 143.87 | 135.66 | 183.44 | 116.83 | 178.77 |
February 28, 2025 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 157.68 + — – —
= 157.68
The cash conversion cycle of Micron Technology Inc, which measures how long it takes for the company to convert its investments in inventory and other resources into cash flows from sales, has shown fluctuations over the periods analyzed.
From March 3, 2022, to February 28, 2025, the cash conversion cycle varied between a low of 116.83 days to a high of 259.12 days. This indicates that the company had varying levels of efficiency in managing its working capital during this period.
Overall, a decreasing trend in the cash conversion cycle could suggest that the company improved its ability to convert assets into cash quickly, potentially indicating better inventory management or more effective accounts receivable collection. Conversely, an increasing trend may signal inefficiencies in managing working capital, leading to longer cash conversion cycles.
Analyzing the data provided could help identify specific periods of strengths and weaknesses in Micron Technology Inc's working capital management and provide insights into the company's operational efficiency and financial health.
Peer comparison
Feb 28, 2025
See also:
Micron Technology Inc Cash Conversion Cycle (Quarterly Data)