Despite pressure from existing homeowners, market analysts are expecting more price-cuts as declining sales and increasinginventory are putting more strain on property firms.
Looking at the efficiency of the company, this increase in inventory can be shown in the increasing days of inventory on hand and days of sales outstanding.
Moreover, we believe Nike could recover its growth pace in China as it is taking steps to bring down its regional inventory levels, increasing its marketing activities to enhance its brand image, and realigning its product portfolio to suit Chinese preferences.