Micron Cash Conversion Cycle from 2010 to 2024

MU Stock  USD 98.20  3.60  3.54%   
Micron Technology Cash Conversion Cycle yearly trend continues to be comparatively stable with very little volatility. Cash Conversion Cycle will likely drop to 200.79 in 2024. From the period from 2010 to 2024, Micron Technology Cash Conversion Cycle quarterly data regression had r-value of  0.94 and coefficient of variation of  26.15. View All Fundamentals
 
Cash Conversion Cycle  
First Reported
2010-12-31
Previous Quarter
211.26055741
Current Value
200.7888637
Quarterly Volatility
38.88431305
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Micron Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Micron Technology's main balance sheet or income statement drivers, such as Depreciation And Amortization of 8.2 B, Interest Expense of 590.1 M or Total Revenue of 26.4 B, as well as many indicators such as Price To Sales Ratio of 4.92, Dividend Yield of 0.0066 or PTB Ratio of 1.73. Micron financial statements analysis is a perfect complement when working with Micron Technology Valuation or Volatility modules.
  
Check out the analysis of Micron Technology Correlation against competitors.
For more information on how to buy Micron Stock please use our How to Invest in Micron Technology guide.

Latest Micron Technology's Cash Conversion Cycle Growth Pattern

Below is the plot of the Cash Conversion Cycle of Micron Technology over the last few years. It is Micron Technology's Cash Conversion Cycle historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Micron Technology's overall financial position and show how it may be relating to other accounts over time.
Cash Conversion Cycle10 Years Trend
Slightly volatile
   Cash Conversion Cycle   
       Timeline  

Micron Cash Conversion Cycle Regression Statistics

Arithmetic Mean148.70
Geometric Mean143.90
Coefficient Of Variation26.15
Mean Deviation31.67
Median158.75
Standard Deviation38.88
Sample Variance1,512
Range125
R-Value0.94
Mean Square Error199.93
R-Squared0.88
Slope8.14
Total Sum of Squares21,168

Micron Cash Conversion Cycle History

2024 200.79
2022 211.26
2016 158.75
2011 113.63
2010 86.48

About Micron Technology Financial Statements

Micron Technology shareholders use historical fundamental indicators, such as Cash Conversion Cycle, to determine how well the company is positioned to perform in the future. Although Micron Technology investors may analyze each financial statement separately, they are all interrelated. The changes in Micron Technology's assets and liabilities, for example, are also reflected in the revenues and expenses on on Micron Technology's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Cash Conversion Cycle 211.26  200.79 

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Additional Tools for Micron Stock Analysis

When running Micron Technology's price analysis, check to measure Micron Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Micron Technology is operating at the current time. Most of Micron Technology's value examination focuses on studying past and present price action to predict the probability of Micron Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Micron Technology's price. Additionally, you may evaluate how the addition of Micron Technology to your portfolios can decrease your overall portfolio volatility.