adidas AGADDDF 86 Days Inventory is 165.56 as of Mar. 2026, which is 12% above its 10-year median of 147.74. GuruFocus rates ADDDF with a GF Score™ of 86/100 and a GF Value™ of $242.85 (Modestly Undervalued). Among 1,008 Manufacturing - Apparel & Accessories companies, adidas AG ranks worse than 61.31% on this metric.
Days Inventory is also known as Days Sales of Inventory (DSI). adidas AG's Average Total Inventories for the
three
months ended in Mar. 2026 was $6,760 Mil. adidas AG's Cost of Goods Sold for the
three
months ended in Mar. 2026 was $3,726 Mil.
Hence, adidas AG's Days Inventory for the
three
months ended in Mar. 2026 was 165.56.
The historical rank and industry rank for adidas AG's Days Inventory or its related term are showing as below:
ADDDF'
s Days Inventory Range Over the Past 10 Years
Min: 121.11 Med: 147.74 Max: 170.39
Current: 163.01
During the past 13 years, adidas AG's highest Days Inventory was 170.39. The lowest was 121.11. And the median was 147.74.
adidas AG's Days Inventory
increased
from Mar. 2025 (153.28) to Mar. 2026 (165.56).
It might indicate that adidas AG's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
adidas AG's Inventory Turnover for the
three
months ended in Mar. 2026 was 0.55.
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.
adidas AG's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 0.89.
adidas AG (OTCPK:ADDDF) 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.
adidas AG's Inventory Turnover for the
three
months ended in Mar. 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.
adidas AG's Inventory to Revenue for the
three
months ended in Mar. 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.
adidas AG Days Inventory Related Terms
adidas AG Days Inventory Historical Data
* Premium members only.
The historical data trend for adidas AG'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.
ADDDF vs NKE, DECK, ONON: Days Inventory Comparison
For the Footwear & Accessories subindustry, adidas AG'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.
adidas AG Days Inventory vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, adidas AG's Days Inventory distribution charts can be found below:
* The bar in red indicates where adidas AG's Days Inventory falls into.
* 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.
adidas AG (ADDDF) has a Days Inventory of 165.56 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on adidas AG and its competitors. This is 12% above median its historical median of 147.74. Over the past decade, adidas AG's Days Inventory has ranged from 121.11 to 170.39. According to the industry distribution chart, adidas AG ranks #618 out of 1008 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 61.3%.
Is adidas AG's Days Inventory too high?
adidas AG's current Days Inventory of 165.56 is 12% above median its 10-year median of 147.74. Over the past 10 years, this metric has ranged from a low of 121.11 to a high of 170.39. The Manufacturing - Apparel & Accessories industry median Days Inventory is 133.22. adidas AG's value of 165.56 is 24.3% above this industry median. Based on the distribution chart, adidas AG ranks #618 out of 1008 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, adidas AG has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does adidas AG's Days Inventory compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, adidas AG ranks #618 out of 1008 companies for Days Inventory. This places adidas AG in the lower half of its industry. The industry median Days Inventory is 133.22. adidas AG's value of 165.56 is 24.3% above this benchmark. Historically, adidas AG's own Days Inventory has ranged from 121.11 to 170.39 over the past decade. While the company's 10-year median is 147.74 vs. the industry median of 133.22, adidas AG has consistently been above 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. adidas AG's current Days Inventory of 165.56 is 24.3% above 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 adidas AG 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. adidas AG's current Days Inventory is 165.56, which is 12% above median its own 10-year median of 147.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is adidas AG stock overvalued right now?
Based on GuruFocus' analysis, adidas AG (ADDDF) is currently considered Modestly Undervalued. The stock's GF Value™ is $242.85, compared to a current price of $196.88 — trading 18.9% below its estimated fair value. The current Days Inventory is 165.56, which is 12% above median its 10-year median of 147.74 and 24.3% above the Manufacturing - Apparel & Accessories industry median of 133.22. adidas AG's overall GF Score™ is 86/100. 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 adidas AG (ADDDF), the current Days Inventory is 165.56 as of Mar. 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 adidas AG (ADDDF) Overvalued in 2026?
Based on GuruFocus' analysis, adidas AG stock appears to be undervalued.
The current stock price of $196.88 is trading 18.9% below its estimated GF Value™ of $242.85.
GuruFocus considers adidas AG to be Modestly Undervalued.
Key valuation signals for ADDDF:
Days Inventory: 165.56 (12% above median its 10-year median of 147.74)
GF Value™: $242.85 vs. price of $196.88 (18.9% below fair value)
Industry Position: 24.3% above the Manufacturing - Apparel & Accessories median (#618 of 1008)
No single metric tells the full story. See the ADDDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Adidas designs, develops, produces, and markets athletic and leisure apparel, footwear, accessories, and sports equipment. Under its eponymous brand, it produces apparel for competitive athletics, casual activewear, and casual fashion. Adidas sells its products in more than 160 countries through about 2,000 owned retail stores, 15,000 Adidas-branded franchise stores (including about 8,000 in China), 150,000 wholesale doors, and an owned e-commerce site that is available in 67 countries. The company was founded in 1949 in Germany.
86GF Score
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