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Nike Inc  (NYSE:NKE) Change In Inventory: $-96 Mil (As of Aug. 2017)

Nike Inc's change in inventory for the quarter that ended in Aug. 2017 was $-96 Mil. It means Nike Inc's inventory increased by $96 Mil from May. 2017 to Aug. 2017 .

Nike Inc's change in inventory for the fiscal year that ended in May. 2017 was $-231 Mil. It means Nike Inc's inventory increased by $231 Mil from May. 2016 to May. 2017 .

Nike Inc's Total Inventories for the quarter that ended in Aug. 2017 was $5,211 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nike Inc's Days Inventory for the quarter that ended in Aug. 2017 was 91.70.

Total Inventories can be measured by Days Sales of Inventory (DSI). Nike Inc's days sales of inventory (DSI) for the quarter that ended in Aug. 2017 was 51.64.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nike Inc's Inventory Turnover for the quarter that ended in Aug. 2017 was 1.00.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Nike Inc's Inventory-to-Revenue for the quarter that ended in Aug. 2017 was 0.57.


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
Change In Inventory Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -219.00 -505.00 -621.00 -590.00 -231.00

Nike Inc Quarterly Data

Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17
Change In Inventory 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 -62.00 -238.00 143.00 -74.00 -96.00

Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.


Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Nike Inc's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Total Inventories/Cost of Goods Sold*Days in Period
=5133/5108*365 / 4
=91.70

2. Total Inventories can be measured by Days Sales of Inventory (DSI).

Nike Inc's Days Sales of Inventory for the quarter that ended in Aug. 2017 is calculated as

Days Sales of Inventory (DSI)=Total Inventories/Revenue*Days in Period
=5133/9070*365 / 4
=51.64

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Nike Inc's Inventory Turnover for the quarter that ended in Aug. 2017 is calculated as

4. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Nike Inc's Inventory to Revenue for the quarter that ended in Aug. 2017 is calculated as

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


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