Analysis of Geographic Areas
Micron Technology Inc. operates in 5 regions: United States; Taiwan; China; Japan; and Other.
Area Asset Turnover
Micron Technology Inc., asset turnover by geographic area
| Aug 29, 2024 | Aug 31, 2023 | Sep 1, 2022 | Sep 2, 2021 | Sep 3, 2020 | Aug 29, 2019 | |
|---|---|---|---|---|---|---|
| United States | 2.02 | 1.50 | 3.11 | 2.34 | 1.91 | 2.47 |
| Taiwan | 0.33 | 0.21 | 0.47 | 0.58 | 0.35 | 0.29 |
| China | 8.47 | 6.38 | 11.31 | 11.56 | 8.64 | 14.08 |
| Japan | 0.12 | 0.13 | 0.24 | 0.23 | 0.21 | 0.18 |
| Other | 0.19 | 0.12 | 0.14 | 0.22 | 0.22 | 0.25 |
Based on: 10-K (reporting date: 2024-08-29), 10-K (reporting date: 2023-08-31), 10-K (reporting date: 2022-09-01), 10-K (reporting date: 2021-09-02), 10-K (reporting date: 2020-09-03), 10-K (reporting date: 2019-08-29).
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio deteriorated from 2022 to 2023 but then slightly improved from 2023 to 2024. |
| Taiwan | Taiwan area asset turnover ratio deteriorated from 2022 to 2023 but then slightly improved from 2023 to 2024. | |
| China | China area asset turnover ratio deteriorated from 2022 to 2023 but then slightly improved from 2023 to 2024. | |
| Japan | Japan area asset turnover ratio deteriorated from 2022 to 2023 and from 2023 to 2024. | |
| Other | Other area asset turnover ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. |
Area Asset Turnover: United States
Micron Technology Inc.; United States; area asset turnover calculation
| Aug 29, 2024 | Aug 31, 2023 | Sep 1, 2022 | Sep 2, 2021 | Sep 3, 2020 | Aug 29, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Revenue | 13,168) | 7,805) | 16,026) | 12,155) | 10,381) | 12,451) |
| Long-lived assets | 6,508) | 5,196) | 5,155) | 5,205) | 5,434) | 5,048) |
| Area Activity Ratio | ||||||
| Area asset turnover1 | 2.02 | 1.50 | 3.11 | 2.34 | 1.91 | 2.47 |
Based on: 10-K (reporting date: 2024-08-29), 10-K (reporting date: 2023-08-31), 10-K (reporting date: 2022-09-01), 10-K (reporting date: 2021-09-02), 10-K (reporting date: 2020-09-03), 10-K (reporting date: 2019-08-29).
1 2024 Calculation
Area asset turnover = Revenue ÷ Long-lived assets
= 13,168 ÷ 6,508 = 2.02
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio deteriorated from 2022 to 2023 but then slightly improved from 2023 to 2024. |
Area Asset Turnover: Taiwan
Micron Technology Inc.; Taiwan; area asset turnover calculation
| Aug 29, 2024 | Aug 31, 2023 | Sep 1, 2022 | Sep 2, 2021 | Sep 3, 2020 | Aug 29, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Revenue | 4,708) | 2,697) | 6,185) | 6,606) | 3,657) | 2,703) |
| Long-lived assets | 14,156) | 12,926) | 13,143) | 11,457) | 10,516) | 9,397) |
| Area Activity Ratio | ||||||
| Area asset turnover1 | 0.33 | 0.21 | 0.47 | 0.58 | 0.35 | 0.29 |
Based on: 10-K (reporting date: 2024-08-29), 10-K (reporting date: 2023-08-31), 10-K (reporting date: 2022-09-01), 10-K (reporting date: 2021-09-02), 10-K (reporting date: 2020-09-03), 10-K (reporting date: 2019-08-29).
1 2024 Calculation
Area asset turnover = Revenue ÷ Long-lived assets
= 4,708 ÷ 14,156 = 0.33
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Taiwan | Taiwan area asset turnover ratio deteriorated from 2022 to 2023 but then slightly improved from 2023 to 2024. |
Area Asset Turnover: China
Micron Technology Inc.; China; area asset turnover calculation
| Aug 29, 2024 | Aug 31, 2023 | Sep 1, 2022 | Sep 2, 2021 | Sep 3, 2020 | Aug 29, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Revenue | 4,116) | 2,521) | 4,976) | 5,038) | 4,129) | 5,209) |
| Long-lived assets | 486) | 395) | 440) | 436) | 478) | 370) |
| Area Activity Ratio | ||||||
| Area asset turnover1 | 8.47 | 6.38 | 11.31 | 11.56 | 8.64 | 14.08 |
Based on: 10-K (reporting date: 2024-08-29), 10-K (reporting date: 2023-08-31), 10-K (reporting date: 2022-09-01), 10-K (reporting date: 2021-09-02), 10-K (reporting date: 2020-09-03), 10-K (reporting date: 2019-08-29).
1 2024 Calculation
Area asset turnover = Revenue ÷ Long-lived assets
= 4,116 ÷ 486 = 8.47
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | China | China area asset turnover ratio deteriorated from 2022 to 2023 but then slightly improved from 2023 to 2024. |
Area Asset Turnover: Japan
Micron Technology Inc.; Japan; area asset turnover calculation
| Aug 29, 2024 | Aug 31, 2023 | Sep 1, 2022 | Sep 2, 2021 | Sep 3, 2020 | Aug 29, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Revenue | 840) | 987) | 1,696) | 1,652) | 1,387) | 958) |
| Long-lived assets | 7,085) | 7,323) | 7,113) | 7,222) | 6,478) | 5,202) |
| Area Activity Ratio | ||||||
| Area asset turnover1 | 0.12 | 0.13 | 0.24 | 0.23 | 0.21 | 0.18 |
Based on: 10-K (reporting date: 2024-08-29), 10-K (reporting date: 2023-08-31), 10-K (reporting date: 2022-09-01), 10-K (reporting date: 2021-09-02), 10-K (reporting date: 2020-09-03), 10-K (reporting date: 2019-08-29).
1 2024 Calculation
Area asset turnover = Revenue ÷ Long-lived assets
= 840 ÷ 7,085 = 0.12
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Japan | Japan area asset turnover ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
Area Asset Turnover: Other
Micron Technology Inc.; Other; area asset turnover calculation
| Aug 29, 2024 | Aug 31, 2023 | Sep 1, 2022 | Sep 2, 2021 | Sep 3, 2020 | Aug 29, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Revenue | 2,279) | 1,530) | 1,875) | 2,254) | 1,881) | 2,085) |
| Long-lived assets | 12,159) | 12,754) | 13,376) | 10,343) | 8,709) | 8,223) |
| Area Activity Ratio | ||||||
| Area asset turnover1 | 0.19 | 0.12 | 0.14 | 0.22 | 0.22 | 0.25 |
Based on: 10-K (reporting date: 2024-08-29), 10-K (reporting date: 2023-08-31), 10-K (reporting date: 2022-09-01), 10-K (reporting date: 2021-09-02), 10-K (reporting date: 2020-09-03), 10-K (reporting date: 2019-08-29).
1 2024 Calculation
Area asset turnover = Revenue ÷ Long-lived assets
= 2,279 ÷ 12,159 = 0.19
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Other | Other area asset turnover ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. |
Revenue
Micron Technology Inc., revenue by geographic area
US$ in millions
| Aug 29, 2024 | Aug 31, 2023 | Sep 1, 2022 | Sep 2, 2021 | Sep 3, 2020 | Aug 29, 2019 | |
|---|---|---|---|---|---|---|
| United States | 13,168) | 7,805) | 16,026) | 12,155) | 10,381) | 12,451) |
| Taiwan | 4,708) | 2,697) | 6,185) | 6,606) | 3,657) | 2,703) |
| China | 4,116) | 2,521) | 4,976) | 5,038) | 4,129) | 5,209) |
| Japan | 840) | 987) | 1,696) | 1,652) | 1,387) | 958) |
| Other | 2,279) | 1,530) | 1,875) | 2,254) | 1,881) | 2,085) |
| Total | 25,111) | 15,540) | 30,758) | 27,705) | 21,435) | 23,406) |
Based on: 10-K (reporting date: 2024-08-29), 10-K (reporting date: 2023-08-31), 10-K (reporting date: 2022-09-01), 10-K (reporting date: 2021-09-02), 10-K (reporting date: 2020-09-03), 10-K (reporting date: 2019-08-29).
Long-lived assets
Micron Technology Inc., long-lived assets by geographic area
US$ in millions
| Aug 29, 2024 | Aug 31, 2023 | Sep 1, 2022 | Sep 2, 2021 | Sep 3, 2020 | Aug 29, 2019 | |
|---|---|---|---|---|---|---|
| United States | 6,508) | 5,196) | 5,155) | 5,205) | 5,434) | 5,048) |
| Taiwan | 14,156) | 12,926) | 13,143) | 11,457) | 10,516) | 9,397) |
| China | 486) | 395) | 440) | 436) | 478) | 370) |
| Japan | 7,085) | 7,323) | 7,113) | 7,222) | 6,478) | 5,202) |
| Other | 12,159) | 12,754) | 13,376) | 10,343) | 8,709) | 8,223) |
| Total | 40,394) | 38,594) | 39,227) | 34,663) | 31,615) | 28,240) |
Based on: 10-K (reporting date: 2024-08-29), 10-K (reporting date: 2023-08-31), 10-K (reporting date: 2022-09-01), 10-K (reporting date: 2021-09-02), 10-K (reporting date: 2020-09-03), 10-K (reporting date: 2019-08-29).