Nokia (NOK) Work In Process (2016 - 2019)

Nokia (NOK) posted quarterly Work In Process of $1.5 billion for Q4 2019, down 8.37% year-on-year from $1.6 billion in Q4 2018, and down 8.37% on a QoQ basis from $1.6 billion in Q4 2018.

Nokia (NOK) Work In Process (2016 - 2019) Analysis & Trends

Nokia (NOK) has reported Work In Process for 4 consecutive years, with $1.5 billion the latest figure, recorded in Q4 2019.

  • Quarterly Work In Process fell 8.37% year-over-year to $1.5 billion in Q4 2019, while the trailing twelve-month figure through Dec 2019 was $1.5 billion (down 8.37% YoY) and the FY2019 annual result came in at $1.5 billion, down 8.37% from the prior year.
  • Work In Process eased to $1.5 billion in Q4 2019 per NOK's latest filing, from $1.6 billion in the prior quarter.
  • Over the last five years, Work In Process for NOK reached as high as $1.7 billion in Q4 2017 and fell as low as $1.5 billion in Q4 2019.
  • A 4-year average of $1.6 billion and a median of $1.6 billion in 2016 frame the typical range for Work In Process.
  • Annual changes were most pronounced in 2017 — Work In Process gained 0.6% — and 2019, when it retreated 8.37%.
  • Year by year, Work In Process stood at $1.7 billion in 2016, then grew by 0.6% to $1.7 billion in 2017, then decreased by 5.46% to $1.6 billion in 2018, then decreased by 8.37% to $1.5 billion in 2019.
  • According to Business Quant data, Work In Process over the past three periods registered $1.5 billion, $1.6 billion, and $1.7 billion for Q4 2019, Q4 2018, and Q4 2017 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Cisco Systems 444.27 Bn 427.63 Bn 10.08 Bn
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
4 Lumentum Holdings 59.61 Bn 56.43 Bn 357.00 Mn
5 Ciena 57.62 Bn 56.33 Bn 625.52 Mn
6 Nokia 52.70 Bn 45.22 Bn 9.86 Bn
7 Ubiquiti 32.00 Bn 31.63 Bn 370.71 Mn
8 AST SpaceMobile 17.20 Bn 17.78 Bn 3.67 Mn
9 Zebra Technologies 12.59 Bn 12.48 Bn 742.00 Mn
10 Viasat 10.14 Bn 8.46 Bn 615.36 Mn

Historic Data

Download Data
DateValue
Dec 31, 2019 1.46 Bn
Dec 31, 2018 1.59 Bn
Dec 31, 2017 1.68 Bn
Dec 31, 2016 1.67 Bn