Micron Accounts Payable from 2010 to 2024

MU Stock  USD 114.84  3.26  2.92%   
Micron Technology Accounts Payable yearly trend continues to be comparatively stable with very little volatility. Accounts Payable is likely to outpace its year average in 2024. Accounts Payable is the amount Micron Technology owes to suppliers or vendors for products or services received but not yet paid for. It represents Micron Technology's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
1988-11-30
Previous Quarter
1.7 B
Current Value
1.9 B
Quarterly Volatility
568.9 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
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 main balance sheet or income statement drivers, such as Depreciation And Amortization of 9.4 B, Interest Expense of 468.5 M or Total Revenue of 9 B, as well as many exotic indicators such as Price To Sales Ratio of 5.94, Dividend Yield of 0.0038 or PTB Ratio of 2.34. Micron financial statements analysis is a perfect complement when working with Micron Technology Valuation or Volatility modules.
  
This module can also supplement Micron Technology's financial leverage analysis and stock options assessment as well as various Micron Technology Technical models . 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 Accounts Payable Growth Pattern

Below is the plot of the Accounts Payable of Micron Technology over the last few years. An accounting item on the balance sheet that represents Micron Technology obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Micron Technology are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. It is the amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities. Micron Technology's Accounts Payable 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.
Accounts Payable10 Years Trend
Slightly volatile
   Accounts Payable   
       Timeline  

Micron Accounts Payable Regression Statistics

Arithmetic Mean1,453,585,833
Geometric Mean1,171,770,032
Coefficient Of Variation40.73
Mean Deviation481,200,111
Median1,677,000,000
Standard Deviation591,997,917
Sample Variance350461.5T
Range2.1B
R-Value0.90
Mean Square Error73084.3T
R-Squared0.81
Slope118,869,152
Total Sum of Squares4906461.5T

Micron Accounts Payable History

20242.1 B
2023B
20221.7 B
20212.1 B
20201.7 B
20192.2 B
20181.7 B

About Micron Technology Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Micron Technology income statement, its balance sheet, and the statement of cash flows. Micron Technology investors use historical funamental indicators, such as Micron Technology's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Micron Technology investors may use each financial statement separately, they are all related. The changes in Micron Technology's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Micron Technology's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Micron Technology Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Micron Technology. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts PayableB2.1 B

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When determining whether Micron Technology is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Micron Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Micron Technology Stock. Highlighted below are key reports to facilitate an investment decision about Micron Technology Stock:

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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.
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Is Micron Technology's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Micron Technology. If investors know Micron will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Micron Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.43)
Dividend Share
0.46
Earnings Share
(3.45)
Revenue Per Share
16.67
Quarterly Revenue Growth
0.577
The market value of Micron Technology is measured differently than its book value, which is the value of Micron that is recorded on the company's balance sheet. Investors also form their own opinion of Micron Technology's value that differs from its market value or its book value, called intrinsic value, which is Micron Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Micron Technology's market value can be influenced by many factors that don't directly affect Micron Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Micron Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Micron Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Micron Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.