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 | 456.97 Bn | 440.33 Bn | 10.08 Bn | 4.31 Bn |
| 2 | Motorola Solutions | 73.10 Bn | 72.21 Bn | 1.36 Bn | 1.08 Bn |
| 3 | Hewlett Packard Enterprise | 60.19 Bn | 55.35 Bn | 9.10 Bn | 6.63 Bn |
| 4 | Ciena | 48.54 Bn | 47.24 Bn | 625.52 Mn | 836.03 Mn |
| 5 | Nokia | 48.12 Bn | 40.81 Bn | 9.86 Bn | - |
| 6 | Lumentum Holdings | 46.15 Bn | 42.98 Bn | 357.00 Mn | 601.60 Mn |
| 7 | Ericsson Lm Telephone | 33.10 Bn | 27.42 Bn | 2.53 Bn | 3.01 Bn |
| 8 | Ubiquiti | 32.36 Bn | 31.99 Bn | 370.71 Mn | 664.35 Mn |
| 9 | AST SpaceMobile | 16.27 Bn | 16.27 Bn | 3.67 Mn | 14.38 Mn |
| 10 | Zebra Technologies | 13.64 Bn | 13.53 Bn | 742.00 Mn | 710.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |