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| Date | Value |
|---|---|
| Dec 31, 2019 | 1.46 Bn |
| Dec 31, 2018 | 1.59 Bn |
| Dec 31, 2017 | 1.68 Bn |
| Dec 31, 2016 | 1.67 Bn |