NikeNKE -0.37%68 Days Payable is 44.65 as of Feb. 2026, which is 9% above its 10-year median of 40.94. 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 1,019 Manufacturing - Apparel & Accessories companies, Nike ranks worse than 58.59% on this metric.
Nike's average Accounts Payable for the
three
months ended in Feb. 2026 was $3,303 Mil. Nike's Cost of Goods Sold for the
three
months ended in Feb. 2026 was $6,749 Mil.
Hence, Nike's Days Payable for the
three
months ended in Feb. 2026 was 44.65.
The historical rank and industry rank for Nike's Days Payable or its related term are showing as below:
NKE'
s Days Payable Range Over the Past 10 Years
Min: 36.62 Med: 40.94 Max: 45.32
Current: 44.97
During the past 13 years, Nike's highest Days Payable was 45.32. The lowest was 36.62. And the median was 40.94.
Nike's Days Payable
increased
from Feb. 2025 (44.01) to Feb. 2026 (44.65).
It may suggest that Nikedelayed paying its suppliers.
Nike Days Payable Related Terms
Nike Days Payable Historical Data
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The historical data trend for Nike's Days Payable 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.
For the Footwear & Accessories subindustry, Nike's Days Payable, along with its competitors' market caps and Days Payable 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 Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nike's Days Payable distribution charts can be found below:
* The bar in red indicates where Nike's Days Payable falls into.
Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.
Nike's Days Payable for the fiscal year that ended in May. 2025 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.
Nike (NKE) has a Days Payable of 44.65 as of Feb. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Nike and its competitors. This is near median its historical median of 40.94. Over the past decade, Nike's Days Payable has ranged from 36.62 to 45.32. According to the industry distribution chart, Nike ranks #597 out of 1019 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 58.6%.
Is Nike's Days Payable too high?
Nike's current Days Payable of 44.65 is near median its 10-year median of 40.94. Over the past 10 years, this metric has ranged from a low of 36.62 to a high of 45.32. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.13. Nike's value of 44.65 is 17.5% below this industry median. Based on the distribution chart, Nike ranks #597 out of 1019 companies in the Manufacturing - Apparel & Accessories industry, which is below 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 Payable compare to DECK and ONON?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Nike ranks #597 out of 1019 companies for Days Payable. This places Nike in the lower half of its industry. The industry median Days Payable is 54.13. Nike's value of 44.65 is 17.5% below this benchmark. Historically, Nike's own Days Payable has ranged from 36.62 to 45.32 over the past decade. While the company's 10-year median is 40.94 vs. the industry median of 54.13, 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 Payable for a Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 54.13, based on 1,019 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nike's current Days Payable of 44.65 is 17.5% 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 Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Nike and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nike's current Days Payable is 44.65, which is near median its own 10-year median of 40.94. 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 Payable is 44.65, which is near median its 10-year median of 40.94 and 17.5% below the Manufacturing - Apparel & Accessories industry median of 54.13. 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 Payable calculated?
Days Payable is calculated from a company's financial statements. For Nike (NKE), the current Days Payable is 44.65 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 Payable: 44.65 (near median its 10-year median of 40.94)
GF Value™: $74.89 vs. price of $40.75 (45.6% below fair value)
Industry Position: 17.5% below the Manufacturing - Apparel & Accessories median (#597 of 1019)
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 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
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