Nike (CHIX:NKED) Change In Receivables: €-1,045 Mil (TTM As of May. 2026)

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CHIX:NKED Nike Inc CHIX:NKED
55 GF Score
Price €37.21
GF Value €61.96
Valuation Significantly Undervalued
! 6 Warning Signs
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What is Nike Change In Receivables?

Nike CHIX:NKED 55 Change In Receivables is €-1,045 Mil as of May. 2026. GuruFocus rates CHIX:NKED with a GF Score™ of 55/100 and a GF Value™ of €61.96 (Significantly Undervalued). The stock has 6 warning signs investors should review.

Nike's change in receivables for the quarter that ended in May. 2026 was €-500 Mil. It means Nike's Accounts Receivable increased by €500 Mil from Feb. 2026 to May. 2026 .

Nike's change in receivables for the fiscal year that ended in May. 2026 was €-1,033 Mil. It means Nike's Accounts Receivable increased by €1,033 Mil from May. 2025 to May. 2026 .

Nike's Accounts Receivable for the quarter that ended in May. 2026 was €5,077 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 Receivable are being managed. Nike's Days Sales Outstanding for the three months ended in May. 2026 was 49.33.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Nike's liquidation value for the three months ended in May. 2026 was €-5,409 Mil.


Nike  (CHIX:NKEd) Change In Receivables 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 Receivable are being managed.

Nike's Days Sales Outstanding for the quarter that ended in May. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=5076.936/9392.032*91
=49.33

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

Nike's liquidation value for the quarter that ended in May. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=7727.112-20154.52+0.75 * 5076.936+0.5 * 6420.856
=-5,409

* 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.


Nike Change In Receivables Related Terms


Nike Change In Receivables Historical Data

* Premium members only.

The historical data trend for Nike's Change In Receivables 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.

Nike Change In Receivables Chart

Nike Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -476.78 449.88 -304.33 -227.96 -1,033.19

Nike Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Change In Receivables Get a 7-Day Free Trial 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 -82.49 -184.69 -697.19 336.71 -499.90
CHIX:NKED
55GF Score
Nike Inc CHIX:NKED
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Nike Change In Receivables Calculation

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.

Change In Receivables for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-1,045 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of €-1,045 Mil mean?
Nike (CHIX:NKED) has a Change In Receivables of €-1,045 Mil as of May. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Nike and its competitors.
Is Nike's Change In Receivables too high?
Nike's current Change In Receivables is €-1,045 Mil. Overall, Nike has a GF Score™ of 55/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nike's Change In Receivables compare to DECK and ONON?
Nike's Change In Receivables of €-1,045 Mil can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Manufacturing - Apparel & Accessories company?
A good Change In Receivables depends on the Manufacturing - Apparel & Accessories industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Nike and its competitors. Nike's current Change In Receivables is €-1,045 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nike stock overvalued right now?
Based on GuruFocus' analysis, Nike (CHIX:NKED) is currently considered Significantly Undervalued. The stock's GF Value™ is €61.96, compared to a current price of €37.21 — trading 40% below its estimated fair value. The current Change In Receivables is €-1,045 Mil. Nike's overall GF Score™ is 55/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Nike (CHIX:NKED), the current Change In Receivables is €-1,045 Mil as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nike (CHIX:NKED) Overvalued in 2026?

Based on GuruFocus' analysis, Nike stock appears to be undervalued. The current stock price of €37.21 is trading 40% below its estimated GF Value™ of €61.96. GuruFocus considers Nike to be Significantly Undervalued.

Key valuation signals for CHIX:NKED:

  • Change In Receivables: €-1,045 Mil
  • GF Value™: €61.96 vs. price of €37.21 (40% below fair value)
  • GF Score™: 55/100 with 6 warning signs

No single metric tells the full story. See the CHIX:NKED stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nike Business Description

Address One Bowerman Drive, Beaverton, OR, USA, 97005-6453
Nike is the largest athletic footwear and apparel brand in the world. Footwear generates about two-thirds of its sales. Key performance footwear categories include basketball, running, and football (soccer). Its brands include Nike, Jordan (premium athletic footwear and clothing), NikeSkims (women's athleisure), and Converse (casual footwear). Nike sells products worldwide through company-owned stores, franchised stores (including about 5,500 in China), 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.
55GF Score

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Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€37.21
Price
€61.96
GF Value