NOKBF (Nokia Oyj) Accounts Payable & Accrued Expense : $3,511 Mil (As of Mar. 2025)

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What is Nokia Oyj Accounts Payable & Accrued Expense?

Nokia Oyj's quarterly accounts payable & accrued expense increased from Sep. 2024 ($0 Mil) to Dec. 2024 ($5,770 Mil) but then declined from Dec. 2024 ($5,770 Mil) to Mar. 2025 ($3,511 Mil).

Nokia Oyj's annual accounts payable & accrued expense declined from Dec. 2022 ($8,387 Mil) to Dec. 2023 ($6,071 Mil) and declined from Dec. 2023 ($6,071 Mil) to Dec. 2024 ($5,770 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

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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7,643.55

7,916.38

8,386.65

6,070.88

5,769.63

Nokia Oyj Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															3,490.22	3,304.63	-	5,769.63	3,511.35

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 Business Description

Industry

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Comparable Companies

Address

Karakaari 7, Espoo, FIN, 02610

Website

https://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. 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, offering 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.