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GuruFocus has detected 2 Warning Signs with Nokia Oyj $NOK.
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Nokia Oyj (NYSE:NOK)
Accounts Payable
{IF BankInsurance_zone 1}
$8,266 Mil (As of )Sep. 2016)
{IF AP_Q_zone 1}{ELSE} {/IF}

Nokia Oyjs quarterly accounts payable increased from Mar. 2016 ($8,767 Mil) to Jun. 2016 ($8,767 Mil) but then declined from Jun. 2016 ($9,603 Mil) to Sep. 2016 ($8,266 Mil)

Nokia Oyjs quarterly accounts payable increased from Dec. 2013 ($7,341 Mil) to Dec. 2014 ($7,341 Mil) but then declined from Dec. 2014 ($7,924 Mil) to Dec. 2015 ($6,265 Mil)


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


Nokia Oyj Annual Data

Accts Payable 9,94420,68516,55116,69717,81217,08212,2957,3417,9246,265
{IF COMPANY->report_frequency 3M}

{COMPANY->company} Quarterly Data


{COMPANY->company} Semi-Annual Data

Accts Payable 10,8154,4277,9243,9984,3663,0704,2428,7679,6038,266

Accounts Payable does not apply to insurance companies.

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