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

Nokia (NOK) posted quarterly Change in Inventory of -$58.0 million for Q2 2024, up 58.87% on a QoQ basis from -$141.1 million in Q1 2024.

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

Nokia (NOK) has reported Change in Inventory for 14 consecutive years, with -$58.0 million the latest figure, recorded in Q2 2024.

  • Quarterly Change in Inventory changed N/A year-over-year to -$58.0 million in Q2 2024, while the trailing twelve-month figure through Jun 2024 was -$378.9 million (changed N/A YoY) and the FY2025 annual result came in at $169.6 million, down 63.12% from the prior year.
  • Change in Inventory advanced to -$58.0 million in Q2 2024 per NOK's latest filing, from -$141.1 million in the prior quarter.
  • Over the last five years, Change in Inventory for NOK reached as high as $308.4 million in Q4 2020 and fell as low as -$204.8 million in Q3 2021.
  • A 3-year average of $31.3 million and a median of $51.2 million in 2020 frame the typical range for Change in Inventory.
  • Annual changes were most pronounced in 2020 — Change in Inventory jumped 118.57% — and 2021, when it sank 364.71%.
  • Year by year, Change in Inventory stood at $308.4 million in 2020, then plunged by 166.42% to -$204.8 million in 2021, then soared by 71.67% to -$58.0 million in 2024.
  • According to Business Quant data, Change in Inventory over the past three periods registered -$58.0 million, -$141.1 million, and -$204.8 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 449.01 Bn 432.37 Bn 10.08 Bn 788.00 Mn
2 Motorola Solutions 69.69 Bn 68.80 Bn 1.36 Bn 199.00 Mn
3 Hewlett Packard Enterprise 63.43 Bn 58.59 Bn 9.10 Bn 458.00 Mn
4 Ciena 52.47 Bn 51.17 Bn 625.52 Mn 41.23 Mn
5 Lumentum Holdings 51.32 Bn 48.15 Bn 357.00 Mn 62.70 Mn
6 Nokia 49.07 Bn 41.76 Bn 9.86 Bn -
7 Ubiquiti 32.09 Bn 31.72 Bn 370.71 Mn -19.24 Mn
8 Ericsson Lm Telephone 31.82 Bn 26.14 Bn 2.53 Bn -485.14 Mn
9 AST SpaceMobile 16.70 Bn 16.70 Bn 3.67 Mn 4.75 Mn
10 Zebra Technologies 13.04 Bn 12.92 Bn 742.00 Mn -34.00 Mn

Historic Data

Download Data
DateValue
Jun 30, 2024 -58.04 Mn
Jun 30, 2024 -58.04 Mn
Mar 31, 2024 -141.11 Mn
Mar 31, 2024 -141.11 Mn
Sep 30, 2021 -204.83 Mn
Sep 30, 2021 -204.83 Mn
Mar 31, 2021 25.03 Mn
Mar 31, 2021 25.03 Mn
Dec 31, 2020 308.39 Mn
Dec 31, 2020 308.39 Mn
Sep 30, 2020 77.38 Mn
Sep 30, 2020 77.38 Mn
Jun 30, 2020 128.59 Mn
Jun 30, 2020 128.59 Mn
Mar 31, 2020 114.93 Mn
Mar 31, 2020 114.93 Mn
Dec 31, 2019 768.12 Mn
Dec 31, 2019 768.12 Mn
Sep 30, 2019 -443.80 Mn
Sep 30, 2019 -443.80 Mn