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| Date | Value |
|---|---|
| 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 |