Analysis of Geographic Areas
Nike Inc. operates in 1 regions: and United States.
Area Asset Turnover
Nike Inc., asset turnover by geographic area
| May 31, 2024 | May 31, 2023 | May 31, 2022 | May 31, 2021 | May 31, 2020 | May 31, 2019 | |
|---|---|---|---|---|---|---|
| United States | 4.46 | 4.29 | 3.81 | 3.52 | 2.86 | 5.07 |
Based on: 10-K (reporting date: 2024-05-31), 10-K (reporting date: 2023-05-31), 10-K (reporting date: 2022-05-31), 10-K (reporting date: 2021-05-31), 10-K (reporting date: 2020-05-31), 10-K (reporting date: 2019-05-31).
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |
Area Asset Turnover: United States
Nike Inc.; United States; area asset turnover calculation
| May 31, 2024 | May 31, 2023 | May 31, 2022 | May 31, 2021 | May 31, 2020 | May 31, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Revenues | 21,551) | 22,007) | 18,749) | 17,363) | 14,625) | 16,091) |
| Long-lived assets | 4,837) | 5,129) | 4,916) | 4,927) | 5,114) | 3,174) |
| Area Activity Ratio | ||||||
| Area asset turnover1 | 4.46 | 4.29 | 3.81 | 3.52 | 2.86 | 5.07 |
Based on: 10-K (reporting date: 2024-05-31), 10-K (reporting date: 2023-05-31), 10-K (reporting date: 2022-05-31), 10-K (reporting date: 2021-05-31), 10-K (reporting date: 2020-05-31), 10-K (reporting date: 2019-05-31).
1 2024 Calculation
Area asset turnover = Revenues ÷ Long-lived assets
= 21,551 ÷ 4,837 = 4.46
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |
Revenues
Nike Inc., revenues by geographic area
US$ in millions
| May 31, 2024 | May 31, 2023 | May 31, 2022 | May 31, 2021 | May 31, 2020 | May 31, 2019 | |
|---|---|---|---|---|---|---|
| United States | 21,551) | 22,007) | 18,749) | 17,363) | 14,625) | 16,091) |
Based on: 10-K (reporting date: 2024-05-31), 10-K (reporting date: 2023-05-31), 10-K (reporting date: 2022-05-31), 10-K (reporting date: 2021-05-31), 10-K (reporting date: 2020-05-31), 10-K (reporting date: 2019-05-31).
Long-lived assets
Nike Inc., long-lived assets by geographic area
US$ in millions
| May 31, 2024 | May 31, 2023 | May 31, 2022 | May 31, 2021 | May 31, 2020 | May 31, 2019 | |
|---|---|---|---|---|---|---|
| United States | 4,837) | 5,129) | 4,916) | 4,927) | 5,114) | 3,174) |
Based on: 10-K (reporting date: 2024-05-31), 10-K (reporting date: 2023-05-31), 10-K (reporting date: 2022-05-31), 10-K (reporting date: 2021-05-31), 10-K (reporting date: 2020-05-31), 10-K (reporting date: 2019-05-31).