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Nike Inc  (NYSE:NKE) Days Inventory: 91.70 (As of Aug. 2017)

Nike Inc's Total Inventories for the three months ended in Aug. 2017 was $5,133 Mil. Nike Inc's Cost of Goods Sold for the three months ended in Aug. 2017 was $5,108 Mil. Hence, Nike Inc's days inventory for the three months ended in Aug. 2017 was 91.70.

NYSE:NKE' s Days Inventory Range Over the Past 10 Years
Min: 78.58   Max: 96.2
Current: 95.5

78.58
96.2

During the past 13 years, Nike Inc's highest Days Inventory was 96.20. The lowest was 78.58. And the median was 84.25.

NYSE:NKE's Days Inventory is ranked higher than
57% of the 725 Companies
in the Global industry.

( Industry Median: 105.84 vs. NYSE:NKE: 95.50 )

Nike Inc's days inventory increased from Aug. 2016 (89.94) to Aug. 2017 (91.70). It might indicate that Nike Inc's sales slowed down.

Total Inventories can be measured by Days Sales of Inventory (DSI).

Inventory Turnover measures how fast the company turns over its inventory within a year. Nike Inc's Inventory Turnover for the three months ended in Aug. 2017 was 1.00.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Nike Inc's Inventory-to-Revenue for the three months ended in Aug. 2017 was 0.57.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Nike Inc Annual Data

May08 May09 May10 May11 May12 May13 May14 May15 May16 May17
Days Inventory Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 85.71 88.33 91.44 96.20 94.84

Nike Inc Quarterly Data

Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17
Days Inventory Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 89.94 99.26 97.11 93.87 91.70

Competitive Comparison
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap.


Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Nike Inc's Days Inventory for the fiscal year that ended in May. 2017 is calculated as

Days Inventory (A: May. 2017 )
=Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: May. 2016 ) + Total Inventories (A: May. 2017 )) / 2 ) / Cost of Goods Sold (A: May. 2017 )*Days in Period
=( (4838 + 5055) / 2 ) / 19038*365
=4946.5 / 19038*365
=94.84

Nike Inc's Days Inventory for the quarter that ended in Aug. 2017 is calculated as:

Days Inventory (Q: Aug. 2017 )
=Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: May. 2017 ) + Total Inventories (Q: Aug. 2017 )) / 2 ) / Cost of Goods Sold (Q: Aug. 2017 )*Days in Period
=( (5055 + 5211) / 2 ) / 5108*365 / 4
=5133 / 5108*365 / 4
=91.70

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Headlines

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