Nokia (NOK) Change in Receivables (2009 - 2024)
Nokia (NOK) posted quarterly Change in Receivables of $485.9 million for Q2 2024, down 64.18% on a QoQ basis from $1.4 billion in Q1 2024.
Nokia (NOK) Change in Receivables (2009 - 2024) Analysis & Trends
Nokia (NOK) has reported Change in Receivables for 14 consecutive years, with $485.9 million the latest figure, recorded in Q2 2024.
- Quarterly Change in Receivables changed N/A year-over-year to $485.9 million in Q2 2024, while the trailing twelve-month figure through Jun 2024 was $4.2 billion (changed N/A YoY) and the FY2025 annual result came in at -$28.4 million, up 93.13% from the prior year.
- Change in Receivables retreated to $485.9 million in Q2 2024 per NOK's latest filing, from $1.4 billion in the prior quarter.
- Over the last five years, Change in Receivables for NOK reached as high as $1.4 billion in Q1 2024 and fell as low as -$1.4 billion in Q4 2020.
- A 3-year average of $462.2 million and a median of $635.0 million in 2020 frame the typical range for Change in Receivables.
- Annual changes were most pronounced in 2020 — Change in Receivables sank 258.87% — and 2021, when it jumped 158.53%.
- Year by year, Change in Receivables stood at -$1.4 billion in 2020, then soared by 175.12% to $1.1 billion in 2021, then sank by 55.38% to $485.9 million in 2024.
- According to Business Quant data, Change in Receivables over the past three periods registered $485.9 million, $1.4 billion, and $1.1 billion for Q2 2024, Q1 2024, and Q3 2021 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 444.27 Bn | 427.63 Bn | 10.08 Bn | -133.00 Mn |
| 2 | Motorola Solutions | 68.42 Bn | 67.56 Bn | 1.36 Bn | - |
| 3 | Hewlett Packard Enterprise | 63.57 Bn | 58.72 Bn | 9.10 Bn | -274.00 Mn |
| 4 | Lumentum Holdings | 59.61 Bn | 56.43 Bn | 357.00 Mn | 64.80 Mn |
| 5 | Ciena | 57.62 Bn | 56.33 Bn | 625.52 Mn | -9.41 Mn |
| 6 | Nokia | 52.70 Bn | 45.22 Bn | 9.86 Bn | - |
| 7 | Ubiquiti | 32.00 Bn | 31.63 Bn | 370.71 Mn | 31.53 Mn |
| 8 | AST SpaceMobile | 17.20 Bn | 17.78 Bn | 3.67 Mn | -10.27 Mn |
| 9 | Zebra Technologies | 12.59 Bn | 12.48 Bn | 742.00 Mn | -67.00 Mn |
| 10 | Viasat | 10.14 Bn | 8.46 Bn | 615.36 Mn | 4.08 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 485.91 Mn |
| Jun 30, 2024 | 485.91 Mn |
| Mar 31, 2024 | 1.36 Bn |
| Mar 31, 2024 | 1.36 Bn |
| Sep 30, 2021 | 1.09 Bn |
| Sep 30, 2021 | 1.09 Bn |
| Mar 31, 2021 | 1.24 Bn |
| Mar 31, 2021 | 1.24 Bn |
| Dec 31, 2020 | -1.45 Bn |
| Dec 31, 2020 | -1.45 Bn |
| Sep 30, 2020 | 784.05 Mn |
| Sep 30, 2020 | 784.05 Mn |
| Jun 30, 2020 | -290.18 Mn |
| Jun 30, 2020 | -290.18 Mn |
| Mar 31, 2020 | 480.22 Mn |
| Mar 31, 2020 | 480.22 Mn |
| Dec 31, 2019 | -403.97 Mn |
| Dec 31, 2019 | -403.97 Mn |
| Sep 30, 2019 | 584.91 Mn |
| Sep 30, 2019 | 584.91 Mn |