Nike (NKE) Other Working Capital Changes (2009 - 2026)
Nike (NKE) posted Other Working Capital Changes of $10 million for fiscal Q1 2027 (quarter ended Aug 31, 2026), down 93.9% from $165 million a year earlier.
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Analysis
Nike (NKE) Other Working Capital Changes (2009 - 2026) Analysis & Trends
For the trailing twelve months through Aug 31, 2026, Other Working Capital Changes at Nike was -$674 million; for FY2026 (ended May 31, 2026), it was -$519 million.
- In prior fiscal years, Nike's Other Working Capital Changes was $224 million in FY2025 (-13.8%), $260 million in FY2024 (-59.6%), $644 million in FY2023 (-23.8%) and $845 million in FY2022 (+364.3%).
- Quarterly Other Working Capital Changes has run from a low of -$405 million in fiscal Q2 2025 to a high of $375 million in fiscal Q3 2025 over five years.
- The strongest year-over-year quarter for Other Working Capital Changes in the past five years was fiscal Q4 2023, with growth of 80.1%; the weakest was fiscal Q1 2027, with a decline of 93.9%.
- According to Business Quant data, Other Working Capital Changes for the three prior fiscal quarters was -$259 million (Q4 2026), -$149 million (Q3 2026) and -$276 million (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Nike | 55.71 Bn | 21.91 Bn | 4.80 Bn |
| 2 | Tapestry | 23.90 Bn | 19.86 Bn | 1.56 Bn |
| 3 | Ralph Lauren | 22.88 Bn | 14.97 Bn | 1.44 Bn |
| 4 | Deckers Outdoor | 12.35 Bn | 5.22 Bn | - |
| 5 | Lululemon Athletica | 11.00 Bn | 5.25 Bn | 1.46 Bn |
| 6 | Levi Strauss | 8.14 Bn | 4.72 Bn | 1.07 Bn |
| 7 | V F | 6.80 Bn | 3.42 Bn | 917.04 Mn |
| 8 | Gildan Activewear | 6.54 Bn | 5.46 Bn | 459.76 Mn |
| 9 | Birkenstock Holding | 6.14 Bn | 4.46 Bn | 493.89 Mn |
| 10 | Crocs | 5.90 Bn | 5.32 Bn | 700.71 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | -10.00 Mn |
| May 31, 2026 | 259.00 Mn |
| Feb 28, 2026 | 149.00 Mn |
| Nov 30, 2025 | 276.00 Mn |
| Aug 31, 2025 | -165.00 Mn |
| May 31, 2025 | 11.00 Mn |
| Feb 28, 2025 | -375.00 Mn |
| Nov 30, 2024 | 405.00 Mn |
| Aug 31, 2024 | -265.00 Mn |
| May 31, 2024 | 82.00 Mn |
| Feb 29, 2024 | 52.00 Mn |
| Nov 30, 2023 | -169.00 Mn |
| Aug 31, 2023 | -225.00 Mn |
| May 31, 2023 | -371.00 Mn |
| Feb 28, 2023 | -34.00 Mn |
| Nov 30, 2022 | -111.00 Mn |
| Aug 31, 2022 | -128.00 Mn |
| May 31, 2022 | -206.00 Mn |
| Feb 28, 2022 | -195.00 Mn |
| Nov 30, 2021 | -202.00 Mn |
API Access
Nike Other Working Capital Changes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=other-working-capital-changes&ticker=NKE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-working-capital-changes", "ticker": "NKE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=other-working-capital-changes&ticker=NKE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();