Nokia (NOK) Change in Inventory (2009 - 2024)

Nokia (NOK) posted Change in Inventory of -$54.9 million for Q2 2024, up 59.23% sequentially from -$134.7 million in Q1 2024.

Nokia (NOK) Change in Inventory (2009 - 2024) Analysis & Trends

Nokia has reported Change in Inventory for 14 years, with the latest figure at -$54.9 million in Q2 2024.

  • Quarterly Change in Inventory changed N/A year-over-year to -$54.9 million in Q2 2024, while the trailing twelve-month figure through Jun 2024 was -$375.4 million (changed N/A YoY) and the FY2025 annual result came in at $173.4 million, down 59.82% from the prior year.
  • Change in Inventory grew to -$54.9 million in Q2 2024 per NOK's latest filing, from -$134.7 million in the prior quarter.
  • Over five years, Change in Inventory peaked at $323.1 million in Q4 2020 and troughed at -$212.3 million in Q3 2021.
  • A 3-year average of $32.9 million and a median of $53.0 million in 2021 frame the typical range for Change in Inventory.
  • The sharpest annual moves came in 2020 and 2021: Change in Inventory jumped 118.3% in 2020, then plunged 367.25% in 2021.
  • Over 3 years, Change in Inventory stood at $323.1 million in 2020, then slumped by 165.7% to -$212.3 million in 2021, then jumped by 74.13% to -$54.9 million in 2024.
  • According to Business Quant data, Change in Inventory over the past three periods registered -$54.9 million, -$134.7 million, and -$212.3 million for Q2 2024, Q1 2024, and Q3 2021 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Cisco Systems 440.02 Bn 423.38 Bn 10.08 Bn 788.00 Mn
2 Hewlett Packard Enterprise 77.69 Bn 72.40 Bn 3.94 Bn 2.50 Bn
3 Motorola Solutions 77.25 Bn 76.56 Bn 1.68 Bn 156.00 Mn
4 Lumentum Holdings 66.40 Bn 63.23 Bn 357.00 Mn 62.70 Mn
5 Nokia 61.84 Bn 54.37 Bn 10.09 Bn -
6 Ciena 60.71 Bn 59.51 Bn 691.55 Mn -16.54 Mn
7 Ubiquiti 34.65 Bn 34.28 Bn 370.71 Mn -19.24 Mn
8 Ericsson Lm Telephone 34.62 Bn 28.92 Bn 2.58 Bn -493.76 Mn
9 AST SpaceMobile 27.62 Bn 28.12 Bn 9.12 Mn 11.66 Mn
10 Zebra Technologies 17.79 Bn 17.63 Bn 825.00 Mn 41.00 Mn

Historic Data

Download Data
DateValue
Jun 30, 2024 -54.92 Mn
Jun 30, 2024 -54.92 Mn
Mar 31, 2024 -134.71 Mn
Mar 31, 2024 -134.71 Mn
Sep 30, 2021 -212.27 Mn
Sep 30, 2021 -212.27 Mn
Mar 31, 2021 26.54 Mn
Mar 31, 2021 26.54 Mn
Dec 31, 2020 323.11 Mn
Dec 31, 2020 323.11 Mn
Sep 30, 2020 79.43 Mn
Sep 30, 2020 79.43 Mn
Jun 30, 2020 124.46 Mn
Jun 30, 2020 124.46 Mn
Mar 31, 2020 111.50 Mn
Mar 31, 2020 111.50 Mn
Dec 31, 2019 747.15 Mn
Dec 31, 2019 747.15 Mn
Sep 30, 2019 -433.96 Mn
Sep 30, 2019 -433.96 Mn