Micron Technology Inc Inventory Turnover Ratio (COS)

Cost of Sales Formula, Quarterly Results, Trends, Rankings, Statistics

Micron Technology Inc inventory turnover ratio, the Micron Technology Inc 's ability to sell and replace its inventory in the third quarter 2026, sequentially increased to 2.97 in the third quarter 2026, yet the ratio remained below the average, as MU's market remain challenging.Average inventory processing period, for the Micron Technology Inc in May 28 2026 quarter, has decreased to 123 days, compare to 127 days, in the Feb 26 2026 quarter.

Within Technology sector 187 other companies have achieved higher inventory turnover ratio. While in terms of ranking among all other companies, the company has moved form 3 in the second quarter 2026, to 1169.

MU Inventory Turnover Ratio using Sales Formula
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What is Inventory Turnover Ratio?

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MU Inventory Turnover Ratio	(May 28 2026) III. Quarter	(Feb 26 2026) II. Quarter	(Nov 27 2025) I. Quarter	(Aug 28 2025) IV. Quarter	(May 29 2025) III. Quarter
Y / Y Inventory Growth	-1.83 %	-8.22 %	-5.74 %	-5.86 %	2.53 %
Y / Y Cost of Sales Growth	10.48 %	19.94 %	11.86 %	24.9 %	16.35 %
Inventory Turnover Ratio (TTM)	2.97	2.88	2.7	2.59	2.41
MU's Total Ranking	# 1169	# 3	# 7	# 17	# 9
Average inventory processing period	123	127	135	141	152
Seq. Inventory Growth	3.63 %	0.76 %	-1.8 %	-4.26 %	-3.11 %
Seq. Cost of Sales Growth	4.83 %	1.8 %	-4.22 %	8.08 %	13.81 %

Inventory Turnover Ratio Company Ranking
Within:	No.
Semiconductors Industry	# 46
Technology Sector	# 188
Overall Market	# 1169

Inventory Turnover Ratio Statistics
High	Average	Low
5.83	3.71	2.06
(Sep 03 2015)		(Aug 31 2023)

MU Company Profile >> Back to MU Efficiency Comparisons >> Compare MU Inventory Turnover Ratio to its Competitors

Financial Statements
Micron Technology Inc 's Inventories	$ 8,567 Millions	Visit MU's Balance sheet
Micron Technology Inc 's Cost of Revenues TTM	$ 24,763 Millions	Visit MU's Income Statement
What are MU's Sales?		Visit MU's Sales by Segment

Other Inventory Turnover Ratios
Micron Technology Inc 's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Semiconductors Industry Inventory Turnover Trends and Statistics
Technology Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
MU's Inventory Turnover Ratio versus Semiconductors Industry, Technology Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for MU's Competitors
Inventory Turnover Ratio for MU's Suppliers
Inventory Turnover Ratio for MU's Customers

You may also want to know
MU's Sales Growth Rates	MU's Pe Price to earnings ratio	MU's Receivables Turnover Ratio	MU's Stock Quote
MU's Net Income Growth Rates	MU's Ps Price to Sales ratio	MU's Sales per Employee	MU's Asset Turnover Ratio
MU's Net Margin	MU's Pb Price to Book ratio	MU's Financial Strength Ratios	MU's Dividend Payout Ratio

Companies with similar Inventory Turnover Ratio for the quarter ending May 28 2026, within Technology Sector	Inventory Turnover Ratio	Cost of revenues at quarter ending May 28 2026	Inventories at quarter ending May 28 2026
Dirtt Environmental Solutions Ltd	7.56	$ 114.408 Millions	$ 15 Millions
Kustom Entertainment Inc	6.86	$ 12.659 Millions	$ 2 Millions
Omniq Corp	6.86	$ 22.678 Millions	$ 3 Millions
Creative Realities Inc	6.80	$ 41.208 Millions	$ 6 Millions
Rekor Systems Inc	6.57	$ 20.803 Millions	$ 3 Millions
Onespan Inc	6.44	$ 64.983 Millions	$ 10 Millions
Synopsys Inc	6.30	$ 2,601.388 Millions	$ 413 Millions
Cemtrex Inc	6.26	$ 43.743 Millions	$ 7 Millions
Radnostix Inc	6.25	$ 5.313 Millions	$ 1 Millions
Jabil Inc	6.02	$ 30,491.000 Millions	$ 5,067 Millions
Logitech International s a	5.83	$ 2,699.977 Millions	$ 463 Millions
Extreme Networks Inc	5.75	$ 493.061 Millions	$ 86 Millions
Itron Inc	5.56	$ 1,385.262 Millions	$ 249 Millions
Cisco Systems Inc	5.30	$ 22,464.000 Millions	$ 4,240 Millions
Hp inc	5.19	$ 47,404.000 Millions	$ 9,137 Millions
Zspace Inc	5.17	$ 11.352 Millions	$ 2 Millions
Gopro Inc	5.12	$ 411.267 Millions	$ 80 Millions
Fabrinet	5.11	$ 4,084.586 Millions	$ 800 Millions
Diebold Nixdorf Incorporated	5.10	$ 2,894.500 Millions	$ 567 Millions
T1 Energy Inc	5.03	$ 913.031 Millions	$ 181 Millions
Benchmark Electronics Inc	4.95	$ 2,528.523 Millions	$ 511 Millions
Semileds Corp	4.84	$ 23.219 Millions	$ 5 Millions
Sonos Inc	4.82	$ 795.950 Millions	$ 165 Millions
Teradyne Inc	4.81	$ 1,819.467 Millions	$ 378 Millions
Kimball Electronics Inc	4.81	$ 1,312.624 Millions	$ 273 Millions
Nortech Systems Incorporated	4.81	$ 104.837 Millions	$ 22 Millions
Western Digital Corporation	4.76	$ 6,608.000 Millions	$ 1,388 Millions
Light and Wonder Inc	4.75	$ 858.000 Millions	$ 181 Millions
Viavi Solutions Inc	4.70	$ 641.400 Millions	$ 136 Millions
Flex Ltd	4.68	$ 26,478.000 Millions	$ 5,660 Millions

Date modified: 2026-07-06T19:35:54+00:00

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