Switch to:
Nike Inc (NYSE:NKE)
Change In Receivables
$184 Mil (As of May. 2016)

Nike Inc's change in receivables for the quarter that ended in May. 2016 was $184 Mil. It means Nike Inc's accounts receivables increased by $184 Mil from Feb. 2016 to May. 2016 .

Nike Inc's change in receivables for the fiscal year that ended in May. 2016 was $60 Mil. It means Nike Inc's accounts receivables increased by $60 Mil from May. 2015 to May. 2016 .

Nike Inc's accounts receivables for the quarter that ended in May. 2016 was $3,241 Mil.

Days sales outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed. Nike Inc's days sales outstanding for the three months ended in May. 2016 was 35.87.

In Ben Graham’s calculation of liquidation value, Apple Inc's accounts receivables are only considered to be worth 75% of book value. Nike Inc's liquidation value for the three months ended in May. 2016 was $1,169 Mil.


Definition

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.


Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days sales outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

Nike Inc's Days Sales Outstanding for the quarter that ended in May. 2016 is calculated as:

Days Sales Outstanding
=Account Receivable/Revenue*Days in Period
=3241/8244*91
=35.87

2. In Ben Graham’s calculation of liquidation value, Nike Inc's accounts receivable are only considered to be worth 75% of book value:

Nike Inc's liquidation value for the quarter that ended in May. 2016 is calculated as:

Liquidation Value
=Cash and Cash Equivalents-Total Liabilities+(0.75 * Account Receivable)+(0.5 * Inventory)
=5457-9138+0.75 * 3241+0.5 * 4838
=1,169

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Days Sales Outstanding, Account Receivable, Revenue, NCAV, Cash and Cash Equivalents, Total Liabilities, Inventory


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Nike Inc Annual Data

May07May08May09May10May11May12May13May14May15May16
ChangeInReceivables -40-118-238182-273-323142-298-21660

Nike Inc Quarterly Data

May14Aug14Nov14Feb15May15Aug15Nov15Feb16May16Aug16
ChangeInReceivables -43-2032668-10752-191151840
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK