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