Nokia (NOK) Change in Account Payables (2012 - 2024)

Nokia (NOK) posted quarterly Change in Account Payables of -$1.1 billion for Q2 2024, down 13.77% on a QoQ basis from -$950.2 million in Q1 2024.

Nokia (NOK) Change in Account Payables (2012 - 2024) Analysis & Trends

Nokia (NOK) has reported Change in Account Payables for 11 consecutive years, with -$1.1 billion the latest figure, recorded in Q2 2024.

  • Quarterly Change in Account Payables changed N/A year-over-year to -$1.1 billion in Q2 2024, while the trailing twelve-month figure through Jun 2024 was -$3.2 billion (changed N/A YoY) and the FY2025 annual result came in at -$378.9 million, up 45.32% from the prior year.
  • Change in Account Payables fell to -$1.1 billion in Q2 2024 per NOK's latest filing, from -$950.2 million in the prior quarter.
  • Over the last five years, Change in Account Payables for NOK reached as high as $1.1 billion in Q2 2020 and fell as low as -$1.5 billion in Q3 2020.
  • A 3-year average of -$514.2 million and a median of -$787.5 million in 2021 frame the typical range for Change in Account Payables.
  • The largest YoY upside for Change in Account Payables was 200.0% in 2020 against a maximum downside of 15.77% in 2020.
  • Year by year, Change in Account Payables stood at $303.8 million in 2020, then sank by 351.69% to -$764.7 million in 2021, then sank by 41.37% to -$1.1 billion in 2024.
  • According to Business Quant data, Change in Account Payables over the past three periods registered -$1.1 billion, -$950.2 million, and -$764.7 million for Q2 2024, Q1 2024, and Q3 2021 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Account Payables (Qtr)
1 Cisco Systems 448.53 Bn 431.89 Bn 10.08 Bn 208.00 Mn
2 Motorola Solutions 70.63 Bn 69.74 Bn 1.36 Bn -
3 Hewlett Packard Enterprise 62.78 Bn 57.94 Bn 9.10 Bn 496.00 Mn
4 Ciena 52.00 Bn 50.70 Bn 625.52 Mn -
5 Lumentum Holdings 50.21 Bn 47.04 Bn 357.00 Mn 29.50 Mn
6 Nokia 48.66 Bn 41.35 Bn 9.86 Bn -
7 Ubiquiti 32.18 Bn 31.82 Bn 370.71 Mn -80.74 Mn
8 Ericsson Lm Telephone 31.75 Bn 26.07 Bn 2.53 Bn 174.97 Mn
9 AST SpaceMobile 16.61 Bn 16.61 Bn 3.67 Mn -
10 Zebra Technologies 12.88 Bn 12.77 Bn 742.00 Mn -119.00 Mn

Historic Data

Download Data
DateValue
Jun 30, 2024 -1.08 Bn
Jun 30, 2024 -1.08 Bn
Mar 31, 2024 -950.19 Mn
Mar 31, 2024 -950.19 Mn
Sep 30, 2021 -764.71 Mn
Sep 30, 2021 -764.71 Mn
Mar 31, 2021 -356.18 Mn
Mar 31, 2021 -356.18 Mn
Dec 31, 2020 303.83 Mn
Dec 31, 2020 303.83 Mn
Sep 30, 2020 -1.52 Bn
Sep 30, 2020 -1.52 Bn
Jun 30, 2020 1.06 Bn
Jun 30, 2020 1.06 Bn
Mar 31, 2020 -810.22 Mn
Mar 31, 2020 -810.22 Mn
Dec 31, 2019 360.73 Mn
Dec 31, 2019 360.73 Mn
Sep 30, 2019 -2.40 Bn
Sep 30, 2019 -2.40 Bn