Nokia (NOK) Change in Working Capital (2009 - 2024)
Nokia (NOK) posted quarterly Change in Working Capital of $934.3 million for Q2 2024, down 47.57% on a QoQ basis from $1.8 billion in Q1 2024.
Nokia (NOK) Change in Working Capital (2009 - 2024) Analysis & Trends
Nokia (NOK) has reported Change in Working Capital for 14 consecutive years, with $934.3 million the latest figure, recorded in Q2 2024.
- Quarterly Change in Working Capital changed N/A year-over-year to $934.3 million in Q2 2024, while the trailing twelve-month figure through Jun 2024 was $6.1 billion (changed N/A YoY) and the FY2025 annual result came in at $237.8 million, up 4080.0% from the prior year.
- Change in Working Capital slipped to $934.3 million in Q2 2024 per NOK's latest filing, from $1.8 billion in the prior quarter.
- Over the last five years, Change in Working Capital for NOK reached as high as $2.7 billion in Q3 2021 and fell as low as -$3.0 billion in Q4 2020.
- A 3-year average of $768.4 million and a median of $827.9 million in 2024 frame the typical range for Change in Working Capital.
- The largest YoY upside for Change in Working Capital was 117.17% in 2020 against a maximum downside of 745.52% in 2020.
- Year by year, Change in Working Capital stood at -$3.0 billion in 2020, then jumped by 190.79% to $2.7 billion in 2021, then sank by 65.15% to $934.3 million in 2024.
- According to Business Quant data, Change in Working Capital over the past three periods registered $934.3 million, $1.8 billion, and $2.7 billion for Q2 2024, Q1 2024, and Q3 2021 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Working Capital (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 453.08 Bn | 436.44 Bn | 10.08 Bn | - |
| 2 | Motorola Solutions | 70.40 Bn | 69.51 Bn | 1.36 Bn | - |
| 3 | Hewlett Packard Enterprise | 64.04 Bn | 59.20 Bn | 9.10 Bn | - |
| 4 | Ciena | 53.20 Bn | 51.90 Bn | 625.52 Mn | - |
| 5 | Lumentum Holdings | 51.31 Bn | 48.14 Bn | 357.00 Mn | - |
| 6 | Nokia | 49.83 Bn | 42.52 Bn | 9.86 Bn | - |
| 7 | Ubiquiti | 32.53 Bn | 32.16 Bn | 370.71 Mn | - |
| 8 | Ericsson Lm Telephone | 32.22 Bn | 26.54 Bn | 2.53 Bn | 760.88 Mn |
| 9 | AST SpaceMobile | 16.80 Bn | 16.80 Bn | 3.67 Mn | - |
| 10 | Zebra Technologies | 13.05 Bn | 12.94 Bn | 742.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 934.26 Mn |
| Jun 30, 2024 | 934.26 Mn |
| Mar 31, 2024 | 1.78 Bn |
| Mar 31, 2024 | 1.78 Bn |
| Sep 30, 2021 | 2.68 Bn |
| Sep 30, 2021 | 2.68 Bn |
| Mar 31, 2021 | 718.05 Mn |
| Mar 31, 2021 | 718.05 Mn |
| Dec 31, 2020 | -2.95 Bn |
| Dec 31, 2020 | -2.95 Bn |
| Sep 30, 2020 | 1.91 Bn |
| Sep 30, 2020 | 1.91 Bn |
| Jun 30, 2020 | 721.46 Mn |
| Jun 30, 2020 | 721.46 Mn |
| Mar 31, 2020 | 349.35 Mn |
| Mar 31, 2020 | 349.35 Mn |
| Dec 31, 2019 | 457.46 Mn |
| Dec 31, 2019 | 457.46 Mn |
| Sep 30, 2019 | 1.51 Bn |
| Sep 30, 2019 | 1.51 Bn |