Nokia (NOK) Inventory Average (2009 - 2023)

Nokia (NOK) posted quarterly Inventory Average of $3.7 billion for Q2 2023, up 16.35% on a QoQ basis from $3.2 billion in Q4 2022.

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

Nokia (NOK) has reported Inventory Average for 15 consecutive years, with $3.7 billion the latest figure, recorded in Q2 2023.

  • Quarterly Inventory Average changed N/A year-over-year to $3.7 billion in Q2 2023, while the trailing twelve-month figure through Jun 2023 was $3.7 billion (changed N/A YoY) and the FY2025 annual result came in at $2.5 billion, down 10.45% from the prior year.
  • Inventory Average climbed to $3.7 billion in Q2 2023 per NOK's latest filing, from $3.2 billion in the prior quarter.
  • Over the last five years, Inventory Average for NOK reached as high as $4.1 billion in Q3 2019 and fell as low as $1.9 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.
  • Annual changes were most pronounced in 2020 — Inventory Average decreased 22.6% — and 2021, when it surged 35.09%.
  • Year by year, Inventory Average stood at $2.4 billion in 2019, then advanced by 20.26% to $2.8 billion in 2020, then declined by 2.27% to $2.8 billion in 2021, then grew by 16.06% to $3.2 billion in 2022, then climbed by 16.35% to $3.7 billion in 2023.
  • According to Business Quant data, Inventory Average over the past three periods registered $3.7 billion, $3.2 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 453.08 Bn 436.44 Bn 10.08 Bn 4.31 Bn
2 Motorola Solutions 70.40 Bn 69.51 Bn 1.36 Bn 1.08 Bn
3 Hewlett Packard Enterprise 64.04 Bn 59.20 Bn 9.10 Bn 6.63 Bn
4 Ciena 53.20 Bn 51.90 Bn 625.52 Mn 836.03 Mn
5 Lumentum Holdings 51.31 Bn 48.14 Bn 357.00 Mn 601.60 Mn
6 Nokia 49.83 Bn 42.52 Bn 9.86 Bn -
7 Ubiquiti 32.53 Bn 32.16 Bn 370.71 Mn 664.35 Mn
8 Ericsson Lm Telephone 32.22 Bn 26.54 Bn 2.53 Bn 3.01 Bn
9 AST SpaceMobile 16.80 Bn 16.80 Bn 3.67 Mn 14.38 Mn
10 Zebra Technologies 13.05 Bn 12.94 Bn 742.00 Mn 710.50 Mn

Historic Data

Download Data
DateValue
Jun 30, 2023 3.75 Bn
Dec 31, 2022 3.22 Bn
Dec 31, 2021 2.77 Bn
Mar 31, 2021 2.56 Bn
Dec 31, 2020 2.84 Bn
Sep 30, 2020 3.19 Bn
Jun 30, 2020 3.24 Bn
Mar 31, 2020 1.90 Bn
Dec 31, 2019 2.36 Bn
Sep 30, 2019 4.12 Bn
Jun 30, 2019 4.06 Bn
Mar 31, 2019 2.30 Bn
Dec 31, 2018 2.59 Bn
Sep 30, 2018 4.41 Bn
Jun 30, 2018 4.12 Bn
Mar 31, 2018 2.32 Bn
Dec 31, 2017 2.50 Bn
Sep 30, 2017 4.31 Bn
Jun 30, 2017 4.22 Bn
Mar 31, 2017 2.42 Bn