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Nike Inc (NYSE:NKE)
Change In Working Capital
$386 Mil (As of May. 2014)

Nike Inc's change in working capital for the quarter that ended in May. 2014 was $386 Mil. It means Nike Inc's working capital increased by $386 Mil from Feb. 2014 to May. 2014 .

Nike Inc's change in working capital for the fiscal year that ended in May. 2014 was $-488 Mil. It means Nike Inc's working capital declined by $488 Mil from May. 2013 to May. 2014 .


Definition

Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities.

Nike Inc's Working Capital for the quarter that ended in May. 2014 is calculated as

Working Capital = Total Current Assets - Total Current Liabilities
= 13696 - 5027
= 8,669

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

Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow.


Related Terms

Total Current Assets, Total Current Liabilities


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

May05May06May07May08May09May10May11May12May13May14
ChangeInWorkingCapital -13-43-65-48-412694-708-799-78-488

Nike Inc Quarterly Data

May12Aug12Nov12Feb13May13Aug13Nov13Feb14May14Aug14
ChangeInWorkingCapital 358-18976-319354-402-397-753860
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