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Nike Inc's account receivable for the three months ended in May. 2016 was $3,241 Mil. Nike Inc's revenue for the three months ended in May. 2016 was $8,244 Mil. Hence, Nike Inc's days sales outstanding for the three months ended in May. 2016 was 35.87.
During the past 13 years, Nike Inc's highest Days Sales Outstanding was 56.94. The lowest was 36.54. And the median was 49.94.
Nike Inc's days sales outstanding declined from May. 2015 (39.39) to May. 2016 (35.87).
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. 2016 is calculated as
Nike Inc's Days Sales Outstanding for the quarter that ended in May. 2016 is calculated as:
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