Nike (CHIX:NKED) Receivables Turnover: 1.95 (As of May. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CHIX:NKED Nike Inc CHIX:NKED
60 GF Score
Price €37.77
GF Value €58.38
Valuation Significantly Undervalued
! 6 Warning Signs
View Full Analysis

What is Nike Receivables Turnover?

Nike CHIX:NKED +8.90% 60 Receivables Turnover is 1.95 as of May. 2026. GuruFocus rates CHIX:NKED with a GF Score™ of 60/100 and a GF Value™ of €58.38 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 1,034 Manufacturing - Apparel & Accessories companies, Nike ranks better than 62.28% on this metric.

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Nike's Revenue for the three months ended in May. 2026 was €9,392 Mil. Nike's average Accounts Receivable for the three months ended in May. 2026 was €4,810 Mil. Hence, Nike's Receivables Turnover for the three months ended in May. 2026 was 1.95.


Nike  (CHIX:NKEd) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


Nike Receivables Turnover Related Terms


Nike Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Nike's Receivables Turnover 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 Receivables Turnover Chart

Nike Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.93 11.47 12.03 9.92 8.58

Nike Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Receivables Turnover 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 2.32 2.38 2.33 2.01 1.95

CHIX:NKED vs DECK, ONON, BIRK: Receivables Turnover Comparison

For the Footwear & Accessories subindustry, Nike's Receivables Turnover, along with its competitors' market caps and Receivables Turnover 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 Receivables Turnover vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Nike's Receivables Turnover falls into.


CHIX:NKED
60GF Score
Nike Inc CHIX:NKED
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nike Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Nike's Receivables Turnover for the fiscal year that ended in May. 2026 is calculated as

Receivables Turnover (A: May. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (A: May. 2026 ) / ((Accounts Receivable (A: May. 2025 ) + Accounts Receivable (A: May. 2026 )) / count )
=39716.688 / ((4183.979 + 5076.936) / 2 )
=39716.688 / 4630.4575
=8.58

Nike's Receivables Turnover for the quarter that ended in May. 2026 is calculated as

Receivables Turnover (Q: May. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: May. 2026 ) / ((Accounts Receivable (Q: Feb. 2026 ) + Accounts Receivable (Q: May. 2026 )) / count )
=9392.032 / ((4542.174 + 5076.936) / 2 )
=9392.032 / 4809.555
=1.95

* 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 Receivables Turnover →
What does a Receivables Turnover of 1.95 mean?
Nike (CHIX:NKED) has a Receivables Turnover of 1.95 as of May. 2026. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Nike and its competitors. According to the industry distribution chart, Nike ranks #390 out of 1034 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 37.7%.
Is Nike's Receivables Turnover too high?
Nike's current Receivables Turnover is 1.95. The Manufacturing - Apparel & Accessories industry median Receivables Turnover is 6.91. Nike's value of 1.95 is 71.8% below this industry median. Based on the distribution chart, Nike ranks #390 out of 1034 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Nike has a GF Score™ of 60/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nike's Receivables Turnover compare to DECK and ONON?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Nike ranks #390 out of 1034 companies for Receivables Turnover. This puts Nike in the upper half of its industry. The industry median Receivables Turnover is 6.91. Nike's value of 1.95 is 71.8% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Manufacturing - Apparel & Accessories company?
The median Receivables Turnover among Manufacturing - Apparel & Accessories companies is 6.91, based on 1,034 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nike's current Receivables Turnover of 1.95 is 71.8% 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 Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Nike and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Receivables Turnover is 6.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nike's current Receivables Turnover is 1.95. 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 (CHIX:NKED) is currently considered Significantly Undervalued. The stock's GF Value™ is €58.38, compared to a current price of €37.77 — trading 35.3% below its estimated fair value. The current Receivables Turnover is 1.95 and 71.8% below the Manufacturing - Apparel & Accessories industry median of 6.91. Nike's overall GF Score™ is 60/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Nike (CHIX:NKED), the current Receivables Turnover is 1.95 as of May. 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 (CHIX:NKED) Overvalued in 2026?

Based on GuruFocus' analysis, Nike stock appears to be undervalued. The current stock price of €37.77 is trading 35.3% below its estimated GF Value™ of €58.38. GuruFocus considers Nike to be Significantly Undervalued.

Key valuation signals for CHIX:NKED:

  • Receivables Turnover: 1.95
  • GF Value™: €58.38 vs. price of €37.77 (35.3% below fair value)
  • GF Score™: 60/100 with 6 warning signs
  • Industry Position: 71.8% below the Manufacturing - Apparel & Accessories median (#390 of 1034)

No single metric tells the full story. See the CHIX:NKED 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.
60GF Score

Get the complete analysis for CHIX:NKED

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

€37.77
Price
€58.38
GF Value