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Nike (NEOE:NKE) Current Accrued Expense : C$2,676 Mil (As of Aug. 2024)


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What is Nike Current Accrued Expense?

Nike's Current Accrued Expense for the quarter that ended in Aug. 2024 was C$2,676 Mil.

Nike's quarterly Current Accrued Expense declined from Feb. 2024 (C$3,075 Mil) to May. 2024 (C$2,748 Mil) and declined from May. 2024 (C$2,748 Mil) to Aug. 2024 (C$2,676 Mil).

Nike's annual Current Accrued Expense declined from May. 2022 (C$3,253 Mil) to May. 2023 (C$2,583 Mil) but then increased from May. 2023 (C$2,583 Mil) to May. 2024 (C$2,748 Mil).

Nike Current Accrued Expense Historical Data

The historical data trend for Nike's Current Accrued Expense 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 Current Accrued Expense Chart

Nike Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Current Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,287.61 3,826.65 3,253.33 2,583.10 2,748.43

Nike Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
Current Accrued Expense 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 2,725.25 2,198.60 3,075.30 2,748.43 2,676.38

Nike Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.

Nike Current Accrued Expense Related Terms

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Nike Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Nike Inc (NEOE:NKE) » Definitions » Current Accrued Expense
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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 (premium athletic footwear and clothing), 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.