Nike (LTS:0QZ6) Accounts Payable : $2,340 Mil (As of Feb. 2024)

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What is Nike Accounts Payable?

Nike's Accounts Payable for the quarter that ended in Feb. 2024 was $2,340 Mil.

Nike's quarterly Accounts Payable declined from Aug. 2023 ($2,738 Mil) to Nov. 2023 ($2,709 Mil) and declined from Nov. 2023 ($2,709 Mil) to Feb. 2024 ($2,340 Mil).

Nike's annual Accounts Payable increased from May. 2021 ($2,836 Mil) to May. 2022 ($3,358 Mil) but then declined from May. 2022 ($3,358 Mil) to May. 2023 ($2,862 Mil).

Nike Accounts Payable Historical Data

The historical data trend for Nike's Accounts Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Nike Accounts Payable Chart

Nike Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Accounts Payable

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2,612.00

2,248.00

2,836.00

3,358.00

2,862.00

Nike Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Accounts Payable	Get a 7-Day Free Trial															2,675.00	2,862.00	2,738.00	2,709.00	2,340.00

Nike Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Nike Accounts Payable Related Terms

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Nike (LTS:0QZ6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Nike Inc (LTS:0QZ6) » Definitions » Accounts Payable

Comparable Companies

Traded in Other Exchanges

NKE:USA NKE:Peru NKE:Mexico NKE_KZ:Kazakhstan 1NKE:Italy NKEd:UK NKE0:Germany NKE:Germany NKE:Germany NKE:Germany NKE:Germany NKE:Chile NKE:Canada NIKE34:Brazil NKE:Austria NKE:Argentina

Address

One Bowerman Drive, Beaverton, OR, USA, 97005-6453

Website

https://www.nike.com

Nike is the largest athletic footwear and apparel brand in the world. Key categories include basketball, running, and football (soccer). Footwear generates about two thirds of its sales. Its brands include Nike, Jordan, and Converse (casual footwear). Nike sells products worldwide through company-owned stores, franchised stores, and third-party retailers. The firm also operates e-commerce platforms in more than 40 countries. Nearly all its production is outsourced to contract manufacturers in more than 30 countries. Nike was founded in 1964 and is based in Beaverton, Oregon.

Nike (LTS:0QZ6) Headlines

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