Nokia (NOK) Change in Inventory (2012 - 2024)
Nokia's (NOK) quarterly Change in Inventory came in at -$54.9 million in Q2 2024, up 59.23% quarter-over-quarter from -$134.7 million in Q1 2024.
Nokia (NOK) Change in Inventory (2012 - 2024) Analysis & Trends
Nokia has disclosed Change in Inventory across 8 years of filings, most recently posting -$54.9 million for Q2 2024.
- Change in Inventory for Q2 2024 came in at -$54.9 million, changed N/A year-over-year; the trailing twelve-month figure through Jun 2024 was -$375.4 million (changed N/A YoY), and the FY2025 annual result was $168.3 million, down 61.01% from the prior year.
- Change in Inventory came in at -$54.9 million for Q2 2024 at Nokia, up from -$134.7 million in the prior quarter.
- In the past five years, Change in Inventory ranged from a high of $323.1 million in Q4 2020 to a low of -$212.3 million in Q3 2021.
- The 3-year median for Change in Inventory is $53.0 million (2021), against an average of $32.9 million.
- Across the five-year window, Change in Inventory surged 118.3% in 2020 and plunged 367.25% in 2021, its largest moves.
- Nokia's Change in Inventory stood at $323.1 million in 2020, then slumped by 165.7% to -$212.3 million in 2021, then surged by 74.13% to -$54.9 million in 2024.
- The last three Change in Inventory figures came in at -$54.9 million (Q2 2024), -$134.7 million (Q1 2024), and -$212.3 million (Q3 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 480.96 Bn | 464.32 Bn | 10.08 Bn | 788.00 Mn |
| 2 | Ciena | 69.17 Bn | 67.87 Bn | 625.52 Mn | 41.23 Mn |
| 3 | Motorola Solutions | 68.03 Bn | 67.17 Bn | 1.36 Bn | 199.00 Mn |
| 4 | Hewlett Packard Enterprise | 65.63 Bn | 60.79 Bn | 8.25 Bn | 458.00 Mn |
| 5 | Lumentum Holdings | 61.32 Bn | 58.15 Bn | 357.00 Mn | 62.70 Mn |
| 6 | Ubiquiti | 34.34 Bn | 33.97 Bn | 370.71 Mn | -19.24 Mn |
| 7 | AST SpaceMobile | 27.21 Bn | 27.79 Bn | -69.36 Mn | 4.75 Mn |
| 8 | Applied Optoelectronics | 13.45 Bn | 13.01 Bn | 43.92 Mn | 25.33 Mn |
| 9 | Zebra Technologies | 11.38 Bn | 11.26 Bn | 742.00 Mn | -34.00 Mn |
| 10 | Nokia | 4.12 Bn | -2.64 Bn | 10.09 Bn | - |
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 |