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Nokia Oyj (NYSE:NOK)
Accounts Payable
$8,403 Mil (As of Sep. 2014)

Nokia Oyj's quarterly accounts payable increased from Mar. 2014 ($7,781 Mil) to Jun. 2014 ($10,084 Mil) but then declined from Jun. 2014 ($10,084 Mil) to Sep. 2014 ($8,403 Mil).

Nokia Oyj's annual accounts payable declined from Dec. 2011 ($17,082 Mil) to Dec. 2012 ($12,295 Mil) and declined from Dec. 2012 ($12,295 Mil) to Dec. 2013 ($5,756 Mil).


Definition

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Nokia Oyj Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Accts Payable 7,0658,0779,94420,68516,55116,69717,81217,08212,2955,756

Nokia Oyj Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
Accts Payable 14,89014,31312,29513,37712,19812,7565,7567,78110,0848,403
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