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Calculate Adidas's average collection period for 2017 and 2016. Has Nike's average collection period improved since FYE 5/31/17? Are they doing better than Adidas? Nike's
Calculate Adidas's average collection period for 2017 and 2016.
Has Nike's average collection period improved since FYE 5/31/17? Are they doing better than Adidas?
Nike's avg collection FYE
5/31/18:
(365/10.41)=
35
5/31/17:
(365/9.34)=
39
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