Nokia NOK
NYSE NOK
$10.15 +0.01 (+0.05%)
As of: Aug 21, 2026 · 11:48 AM EDT

Nokia (NOK) Inventory Average (2009 - 2023)

Nokia (NOK) posted Inventory Average of $3.5 billion for Q2 2023, up 14.43% sequentially from $3.0 billion in Q4 2022.

Nokia (NOK) Inventory Average (2009 - 2023) Analysis & Trends

Nokia has reported Inventory Average for 15 years, with the latest figure at $3.5 billion in Q2 2023.

  • Quarterly Inventory Average changed N/A year-over-year to $3.5 billion in Q2 2023, while the trailing twelve-month figure through Jun 2023 was $3.5 billion (changed N/A YoY) and the FY2025 annual result came in at $2.4 billion, down 6.76% from the prior year.
  • Inventory Average climbed to $3.5 billion in Q2 2023 per NOK's latest filing, from $3.0 billion in the prior quarter.
  • Over five years, Inventory Average peaked at $4.1 billion in Q3 2019 and troughed at $1.8 billion in Q1 2020.
  • A 5-year average of $3.0 billion and a median of $3.0 billion in 2020 frame the typical range for Inventory Average.
  • The sharpest annual moves came in 2020 and 2021: Inventory Average dropped 22.08% in 2020, then jumped 46.7% in 2021.
  • Over 5 years, Inventory Average stood at $2.3 billion in 2019, then climbed by 27.5% to $2.9 billion in 2020, then decreased by 3.68% to $2.8 billion in 2021, then climbed by 7.14% to $3.0 billion in 2022, then grew by 14.43% to $3.5 billion in 2023.
  • According to Business Quant data, Inventory Average over the past three periods registered $3.5 billion, $3.0 billion, and $2.8 billion for Q2 2023, Q4 2022, and Q4 2021 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inventory Avg. (Qtr)
1 Cisco Systems 441.91 Bn 425.27 Bn 10.08 Bn 4.31 Bn
2 Motorola Solutions 79.60 Bn 78.89 Bn 1.68 Bn 1.26 Bn
3 Hewlett Packard Enterprise 71.96 Bn 66.66 Bn 3.94 Bn 7.97 Bn
4 Lumentum Holdings 64.86 Bn 62.13 Bn 477.30 Mn 662.20 Mn
5 Ciena 55.93 Bn 54.73 Bn 691.55 Mn 827.14 Mn
6 Nokia 55.00 Bn 48.24 Bn 10.09 Bn -
7 Ericsson Lm Telephone 33.88 Bn 28.72 Bn 2.58 Bn 3.05 Bn
8 Ubiquiti 32.88 Bn 32.51 Bn 370.71 Mn 664.35 Mn
9 AST SpaceMobile 20.30 Bn 20.30 Bn 9.12 Mn 22.59 Mn
10 Zebra Technologies 17.39 Bn 17.23 Bn 825.00 Mn 712.50 Mn

Historic Data

Download Data
DateValue
Jun 30, 2023 3.47 Bn
Dec 31, 2022 3.03 Bn
Dec 31, 2021 2.83 Bn
Mar 31, 2021 2.70 Bn
Dec 31, 2020 2.94 Bn
Sep 30, 2020 3.18 Bn
Jun 30, 2020 3.14 Bn
Mar 31, 2020 1.84 Bn
Dec 31, 2019 2.31 Bn
Sep 30, 2019 4.05 Bn
Jun 30, 2019 4.03 Bn
Mar 31, 2019 2.30 Bn
Dec 31, 2018 2.15 Bn
Sep 30, 2018 3.60 Bn
Jun 30, 2018 3.46 Bn
Mar 31, 2018 1.96 Bn
Dec 31, 2017 2.03 Bn
Sep 30, 2017 3.40 Bn
Jun 30, 2017 3.17 Bn
Mar 31, 2017 1.79 Bn