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Nike Inc's account receivable for the three months ended in Aug. 2015 was $3,288 Mil. Nike Inc's revenue for the three months ended in Aug. 2015 was $8,414 Mil. Hence, Nike Inc's days sales outstanding for the three months ended in Aug. 2015 was 35.66.
Nike Inc's days sales outstanding declined from Aug. 2014 (41.01) to Aug. 2015 (35.66).
Days sales outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.
Account receivable can be measured by Days Sales Outstanding.
Nike Inc's Days Sales Outstanding for the fiscal year that ended in May. 2015 is calculated as
Nike Inc's Days Sales Outstanding for the quarter that ended in Aug. 2015 is calculated as:
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Nike Inc Annual Data
Nike Inc Quarterly Data