Micron Technology Inc Inventory Turnover Ratio (COS)

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

Due to inventory build up in the fourth quarter 2026, Micron Technology Inc 's inventory turnover ratio sequentially decreased to 2.89 in the fourth quarter 2026, unsurprisingly, as the Micron Technology Inc markets continue to deteriorate, and MU's faces growing challenges to bring down its inventories. Micron Technology Inc 's average inventory processing period in the Sep 03 2026 quarter, has increased to 126 days, from 124 days, in the May 28 2026 quarter.

Within Technology sector 192 other companies have achieved higher inventory turnover ratio. While in terms of ranking among all other companies, the company has moved form 1169 in the third quarter 2026, to 1289.

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

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MU Inventory Turnover Ratio	(Sep 03 2026) IV. Quarter	(May 28 2026) III. Quarter	(Feb 26 2026) II. Quarter	(Nov 27 2025) I. Quarter	(Aug 28 2025) IV. Quarter
Y / Y Inventory Growth	24.14 %	-1.83 %	-8.22 %	-5.86 %	-5.86 %
Y / Y Cost of Sales Growth	14.71 %	10.48 %	19.94 %	11.86 %	24.9 %
Inventory Turnover Ratio (TTM)	2.89	2.95	2.87	2.69	2.57
MU's Total Ranking	# 1289	# 1169	# 3	# 7	# 17
Average inventory processing period	126	124	127	136	142
Seq. Inventory Growth	21.07 %	3.63 %	-1.05 %	0 %	-4.26 %
Seq. Cost of Sales Growth	12.22 %	4.83 %	1.8 %	-4.22 %	8.08 %

Inventory Turnover Ratio Company Ranking
Within:	No.
Semiconductors Industry	# 49
Technology Sector	# 193
Overall Market	# 1289

Inventory Turnover Ratio Statistics
High	Average	Low
5.83	3.7	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	$ 10,372 Millions	Visit MU's Balance sheet
Micron Technology Inc 's Cost of Revenues TTM	$ 25,684 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 Sep 03 2026, within Technology Sector	Inventory Turnover Ratio	Cost of revenues at quarter ending Sep 03 2026	Inventories at quarter ending Sep 03 2026
Micron Technology Inc	2.89	$ 25,684.000 Millions	$ 8,890 Millions

Date modified: 2026-10-10T15:11:07+00:00

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