Nokia Oyj (Nokia Oyj) Accounts Payable & Accrued Expense : $3,490 Mil (As of Mar. 2024)

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What is Nokia Oyj Accounts Payable & Accrued Expense?

Nokia Oyj's quarterly accounts payable & accrued expense increased from Sep. 2023 ($4,019 Mil) to Dec. 2023 ($6,511 Mil) but then declined from Dec. 2023 ($6,511 Mil) to Mar. 2024 ($3,490 Mil).

Nokia Oyj's annual accounts payable & accrued expense increased from Dec. 2021 ($7,916 Mil) to Dec. 2022 ($8,387 Mil) but then declined from Dec. 2022 ($8,387 Mil) to Dec. 2023 ($6,511 Mil).

Nokia Oyj Accounts Payable & Accrued Expense Historical Data

The historical data trend for Nokia Oyj's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Nokia Oyj Accounts Payable & Accrued Expense Chart

Nokia Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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7,165.56

7,643.55

7,916.38

8,386.65

6,511.45

Nokia Oyj Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															4,663.81	4,822.32	4,019.21	6,511.45	3,490.22

Nokia Oyj Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

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.

Nokia Oyj (Nokia Oyj) Business Description

Industry

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NOKBF:USA NOKIA SEK:Sweden NOK N:Mexico NOKIA:Italy 0K8D:UK NOKIAh:UK 0HAF:UK NOKIA:France NOKIA:Finland NOA3:Germany NOAA:Germany NOA3:Germany NOA3:Germany NOAA:Germany NOA3:Germany NOKIA:Czech Republic NOKI34:Brazil NOKI:Austria NOK:Argentina

Address

Karakaari 7, Espoo, FIN, FI-02610

Website

http://www.nokia.com

Nokia provides telecom equipment and services that are used to build wireless and fixed-line networks. It operates in four segments. The mobile networks segment, which sells equipment and services to telecom carriers to power public wireless networks, is the largest, followed closely by network infrastructure. Network infrastructure focuses on fixed networks, including infrastructure, solutions, and components for IP networks, optical networks, and submarine networks. Cloud and network services is a nascent segment catering to enterprises with as-a-service platforms. Nokia also has a sizable research division and patent business, where it licenses technology used by handset providers, consumer electronics firms, and other firms making electronic and Internet of Things products.