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Nike Inc's account receivable for the three months ended in Feb. 2016 was $3,368 Mil. Nike Inc's revenue for the three months ended in Feb. 2016 was $8,032 Mil. Hence, Nike Inc's days sales outstanding for the three months ended in Feb. 2016 was 38.26.
During the past 13 years, Nike Inc's highest Days Sales Outstanding was 58.48. The lowest was 40.05. And the median was 52.82.
Nike Inc's days sales outstanding declined from Feb. 2015 (40.29) to Feb. 2016 (38.26).
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 Feb. 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