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| Date | Value |
|---|---|
| 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 |