Micron Receivables Turnover from 2010 to 2024

MU Stock  USD 102.64  0.12  0.12%   
Micron Technology Receivables Turnover yearly trend continues to be comparatively stable with very little volatility. Receivables Turnover is likely to outpace its year average in 2024. From the period from 2010 to 2024, Micron Technology Receivables Turnover quarterly data regression had r-value of  0.01 and coefficient of variation of  19.86. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
3.79606954
Current Value
6.36103152
Quarterly Volatility
1.09422092
 
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 Receivables Turnover Growth Pattern

Below is the plot of the Receivables Turnover of Micron Technology over the last few years. It is Micron Technology's Receivables Turnover 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.
Receivables Turnover10 Years Trend
Very volatile
   Receivables Turnover   
       Timeline  

Micron Receivables Turnover Regression Statistics

Arithmetic Mean5.51
Geometric Mean5.38
Coefficient Of Variation19.86
Mean Deviation0.82
Median6.00
Standard Deviation1.09
Sample Variance1.20
Range3.6021
R-Value0.01
Mean Square Error1.29
R-Squared0.0002
Significance0.96
Slope0
Total Sum of Squares16.76

Micron Receivables Turnover History

2024 6.36
2022 3.8
2011 6.0
2010 2.76

About Micron Technology Financial Statements

Micron Technology shareholders use historical fundamental indicators, such as Receivables Turnover, 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
Receivables Turnover 3.80  6.36 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

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.