Nokia Oyj (WBO:NOKI) Change In Receivables : €1,036 Mil (TTM As of Mar. 2024)

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What is Nokia Oyj Change In Receivables?

Nokia Oyj's change in receivables for the quarter that ended in Mar. 2024 was €765 Mil. It means Nokia Oyj's Accounts Receivable declined by €765 Mil from Dec. 2023 to Mar. 2024 .

Nokia Oyj's change in receivables for the fiscal year that ended in Dec. 2023 was €304 Mil. It means Nokia Oyj's Accounts Receivable declined by €304 Mil from Dec. 2022 to Dec. 2023 .

Nokia Oyj's Accounts Receivable for the quarter that ended in Mar. 2024 was €4,325 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. Nokia Oyj's Days Sales Outstanding for the three months ended in Mar. 2024 was 84.56.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Nokia Oyj's liquidation value for the three months ended in Mar. 2024 was €-5,028 Mil.

Nokia Oyj Change In Receivables Historical Data

The historical data trend for Nokia Oyj's Change In Receivables 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 Change In Receivables Chart

Nokia Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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159.00

-418.00

239.00

-451.00

304.00

Nokia Oyj Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															33.00	48.00	-395.00	618.00	765.00

Nokia Oyj Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,036 Mil.

Nokia Oyj (WBO:NOKI) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Nokia Oyj's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	4325	/	4667	*	91
=	84.56

2. In Ben Graham's calculation of liquidation value, Nokia Oyj's accounts receivable are only considered to be worth 75% of book value:

Nokia Oyj's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	8826	-	18441	+	0.75 * 4325	+	0.5 * 2686
=	-5,028

Nokia Oyj Change In Receivables Related Terms

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Nokia Oyj (WBO:NOKI) Business Description

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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.

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