Nike (NKE) Days Inventory: 102.84 (As of Feb. 2026) — Near Median


NKE Nike Inc NKE
68 GF Score
Price $40.75
GF Value $74.89
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Nike Days Inventory?

Nike NKE -0.37% 68 Days Inventory is 102.84 as of Feb. 2026, which is 0% above its 10-year median of 102.83. GuruFocus rates NKE with a GF Score™ of 68/100 and a GF Value™ of $74.89 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,008 Manufacturing - Apparel & Accessories companies, Nike ranks better than 63.59% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Nike's Average Total Inventories for the three months ended in Feb. 2026 was $7,607 Mil. Nike's Cost of Goods Sold for the three months ended in Feb. 2026 was $6,749 Mil. Hence, Nike's Days Inventory for the three months ended in Feb. 2026 was 102.84.

The historical rank and industry rank for Nike's Days Inventory or its related term are showing as below:

NKE' s Days Inventory Range Over the Past 10 Years
Min: 91.77   Med: 102.83   Max: 112.02
Current: 101.68

During the past 13 years, Nike's highest Days Inventory was 112.02. The lowest was 91.77. And the median was 102.83.

NKE's Days Inventory is ranked better than
63.59% of 1008 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 133.22 vs NKE: 101.68

Nike's Days Inventory declined from Feb. 2025 (107.39) to Feb. 2026 (102.84).

Inventory Turnover measures how fast the company turns over its inventory within a year. Nike's Inventory Turnover for the three months ended in Feb. 2026 was 0.89.

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's Inventory-to-Revenue for the three months ended in Feb. 2026 was 0.67.


Nike  (NYSE:NKE) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Nike's Inventory Turnover for the three months ended in Feb. 2026 is calculated as

2. 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's Inventory to Revenue for the three months ended in Feb. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Nike Days Inventory Related Terms


Nike Days Inventory Historical Data

* Premium members only.

The historical data trend for Nike's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nike Days Inventory Chart

Nike Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 105.60 110.48 106.47 102.37 103.28

Nike Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Days Inventory Get a 7-Day Free Trial 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 107.39 103.45 105.04 97.90 102.84

NKE vs DECK, ONON, BIRK: Days Inventory Comparison

For the Footwear & Accessories subindustry, Nike's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* 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. Note that "N/A" values will not show up in the chart.


Nike Days Inventory vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nike's Days Inventory distribution charts can be found below:

* The bar in red indicates where Nike's Days Inventory falls into.


NKE
68GF Score
Nike Inc NKE
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nike Days Inventory Calculation

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

Nike's Days Inventory for the fiscal year that ended in May. 2025 is calculated as

Days Inventory (A: May. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: May. 2024 ) + Total Inventories (A: May. 2025 )) / count ) / Cost of Goods Sold (A: May. 2025 )*Days in Period
=( (7519 + 7489) / 2 ) / 26519*365
=7504 / 26519*365
=103.28

Nike's Days Inventory for the quarter that ended in Feb. 2026 is calculated as:

Days Inventory (Q: Feb. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Nov. 2025 ) + Total Inventories (Q: Feb. 2026 )) / count ) / Cost of Goods Sold (Q: Feb. 2026 )*Days in Period
=( (7726 + 7487) / 2 ) / 6749*365 / 4
=7606.5 / 6749*365 / 4
=102.84

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 102.84 mean?
Nike (NKE) has a Days Inventory of 102.84 as of Feb. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Nike and its competitors. This is near median its historical median of 102.83. Over the past decade, Nike's Days Inventory has ranged from 91.77 to 112.02. According to the industry distribution chart, Nike ranks #367 out of 1008 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 36.4%.
Is Nike's Days Inventory too high?
Nike's current Days Inventory of 102.84 is near median its 10-year median of 102.83. Over the past 10 years, this metric has ranged from a low of 91.77 to a high of 112.02. The Manufacturing - Apparel & Accessories industry median Days Inventory is 133.22. Nike's value of 102.84 is 22.8% below this industry median. Based on the distribution chart, Nike ranks #367 out of 1008 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Nike has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nike's Days Inventory compare to DECK and ONON?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Nike ranks #367 out of 1008 companies for Days Inventory. This puts Nike in the upper half of its industry. The industry median Days Inventory is 133.22. Nike's value of 102.84 is 22.8% below this benchmark. Historically, Nike's own Days Inventory has ranged from 91.77 to 112.02 over the past decade. While the company's 10-year median is 102.83 vs. the industry median of 133.22, Nike has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Manufacturing - Apparel & Accessories company?
The median Days Inventory among Manufacturing - Apparel & Accessories companies is 133.22, based on 1,008 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nike's current Days Inventory of 102.84 is 22.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Nike and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Inventory is 133.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nike's current Days Inventory is 102.84, which is near median its own 10-year median of 102.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nike stock overvalued right now?
Based on GuruFocus' analysis, Nike (NKE) is currently considered Possible Value Trap. The stock's GF Value™ is $74.89, compared to a current price of $40.75 — trading 45.6% below its estimated fair value. The current Days Inventory is 102.84, which is near median its 10-year median of 102.83 and 22.8% below the Manufacturing - Apparel & Accessories industry median of 133.22. Nike's overall GF Score™ is 68/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Nike (NKE), the current Days Inventory is 102.84 as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nike (NKE) Overvalued in 2026?

Based on GuruFocus' analysis, Nike stock appears to be undervalued. The current stock price of $40.75 is trading 45.6% below its estimated GF Value™ of $74.89. GuruFocus considers Nike to be Possible Value Trap.

Key valuation signals for NKE:

  • Days Inventory: 102.84 (near median its 10-year median of 102.83)
  • GF Value™: $74.89 vs. price of $40.75 (45.6% below fair value)
  • GF Score™: 68/100 with 4 warning signs
  • Industry Position: 22.8% below the Manufacturing - Apparel & Accessories median (#367 of 1008)

No single metric tells the full story. See the NKE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nike Business Description

Address One Bowerman Drive, Beaverton, OR, USA, 97005-6453
Nike is the largest athletic footwear and apparel brand in the world. Footwear generates about two-thirds of its sales. Key performance footwear categories include basketball, running, and football (soccer). Its brands include Nike, Jordan (premium athletic footwear and clothing), NikeSkims (women's athleisure), and Converse (casual footwear). Nike sells products worldwide through company-owned stores, franchised stores (including about 5,500 in China), and third-party retailers. The firm also operates e-commerce platforms in more than 40 countries. Nearly all its production is outsourced to contract manufacturers in more than 30 countries. Nike was founded in 1964 and is based in Beaverton, Oregon.
68GF Score

Get the complete analysis for NKE

Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$40.75
Price
$74.89
GF Value