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Nike Inc  (NYSE:NKE) Accounts Payable & Accrued Expense: $5,186 Mil (As of Aug. 2017)

Nike Inc's quarterly accounts payable & accrued expense declined from Feb. 2017 ($5,124 Mil) to May. 2017 ($4,975 Mil) but then increased from May. 2017 ($4,975 Mil) to Aug. 2017 ($5,186 Mil).

Nike Inc's annual accounts payable & accrued expense declined from May. 2015 ($5,989 Mil) to May. 2016 ($5,151 Mil) and declined from May. 2016 ($5,151 Mil) to May. 2017 ($4,975 Mil).


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Nike Inc Annual Data

May08 May09 May10 May11 May12 May13 May14 May15 May16 May17
Accounts Payable & Accrued Expense Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,755.00 4,768.00 5,989.00 5,151.00 4,975.00

Nike Inc Quarterly Data

Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17
Accounts Payable & Accrued Expense 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 Premium Member Only Premium Member Only Premium Member Only 4,966.00 5,073.00 5,124.00 4,975.00 5,186.00

Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.


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