Switch to:
Nokia Oyj  (NYSE:NOK) Days Payable: 95.62 (As of Jun. 2017)

Nokia Oyj's payable for the three months ended in Jun. 2017 was $3,983 Mil. Nokia Oyj's Cost of Goods Sold for the three months ended in Jun. 2017 was $3,801 Mil. Hence, Nokia Oyj's days payable for the three months ended in Jun. 2017 was 95.62.

NYSE:NOK' s Days Payable Range Over the Past 10 Years
Min: 57.21   Max: 194
Current: 90.59

57.21
194

During the past 13 years, Nokia Oyj's highest Days Payable was 194.00. The lowest was 57.21. And the median was 92.50.

NYSE:NOK's Days Payable is ranked higher than
71% of the 440 Companies
in the Global industry.

( Industry Median: 60.40 vs. NYSE:NOK: 90.59 )

Nokia Oyj's days payable increased from Jun. 2016 (89.89) to Jun. 2017 (95.62). It may suggest that Nokia Oyj delayed paying its suppliers.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Nokia Oyj Annual Data

Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 162.97 93.94 124.63 100.12 91.05

Nokia Oyj Quarterly Data

Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 89.89 83.95 86.82 101.46 95.62

Competitive Comparison
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap.


Calculation

Days Payable indicates the number of days that the account payable relative to revenue the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Nokia Oyj's Days Payable for the fiscal year that ended in Dec. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=3988.39662447/15989.4514768*365
=91.05

Nokia Oyj's Days Payable for the quarter that ended in Jun. 2017 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=3983.14606742/3801.12359551*365 / 4
=95.62

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}
FEEDBACK