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
DateValue
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