Nokia (NOK) Inventory Average: 2017-2024
- Nokia's Inventory Average fell 16.30% to $2.6 billion in Q4 2024 from the same period last year, while for Dec 2024 it was $2.6 billion, marking a year-over-year decrease of 16.30%. This contributed to the annual value of $2.6 billion for FY2024, which is 17.24% down from last year.
- Per Nokia's latest filing, its Inventory Average stood at $2.6 billion for Q4 2024, which was down 16.30% from $3.1 billion recorded in Q4 2023.
- Nokia's Inventory Average's 5-year high stood at $3.1 billion during Q4 2023, with a 5-year trough of $1.6 billion in Q4 2020.
- Its 3-year average for Inventory Average is $2.9 billion, with a median of $3.0 billion in 2022.
- In the last 5 years, Nokia's Inventory Average spiked by 180.16% in 2020 and then declined by 16.30% in 2024.
- Quarterly analysis of 5 years shows Nokia's Inventory Average stood at $1.6 billion in 2020, then soared by 67.37% to $2.7 billion in 2021, then climbed by 12.16% to $3.0 billion in 2022, then grew by 3.12% to $3.1 billion in 2023, then fell by 16.30% to $2.6 billion in 2024.
- Its Inventory Average stands at $2.6 billion for Q4 2024, versus $3.1 billion for Q4 2023 and $3.0 billion for Q4 2022.
