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Nokia Oyj's change in inventory for the quarter that ended in Jun. 2026 was $-429 Mil. It means Nokia Oyj's inventory
increased by $429 Mil
from Mar. 2026 to Jun. 2026 .
Nokia Oyj's change in inventory for the fiscal year that ended in Dec. 2025 was $174 Mil. It means Nokia Oyj's inventory
declined by $174 Mil
from Dec. 2024 to Dec. 2025 .
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Nokia Oyj's Days Inventory for the quarter that ended in Jun. 2026 was 87.73.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Nokia Oyj's Inventory Turnover for the quarter that ended in Jun. 2026 was 1.04.
Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Nokia Oyj's Inventory-to-Revenue for the quarter that ended in Jun. 2026 was 0.53.
Nokia Oyj (NYSE:NOK) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Nokia Oyj's Days Inventory for the quarter that ended in is calculated as:
3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Nokia Oyj's Inventory to Revenue for the quarter that ended in Jun. 2026 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Nokia Oyj Change In Inventory Related Terms
Nokia Oyj Change In Inventory Historical Data
* Premium members only.
The historical data trend for Nokia Oyj's Change In Inventory can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.
Change In Inventory for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-296 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Change In Inventory of $-296 Mil mean?
Nokia Oyj (NOK) has a Change In Inventory of $-296 Mil as of Jun. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Nokia Oyj and its competitors.
Is Nokia Oyj's Change In Inventory too high?
Nokia Oyj's current Change In Inventory is $-296 Mil. Overall, Nokia Oyj has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nokia Oyj's Change In Inventory compare to CSCO and MSI?
Nokia Oyj's Change In Inventory of $-296 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Hardware company?
A good Change In Inventory depends on the Hardware industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Nokia Oyj and its competitors. Nokia Oyj's current Change In Inventory is $-296 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nokia Oyj stock overvalued right now?
Based on GuruFocus' analysis, Nokia Oyj (NOK) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.96, compared to a current price of $8.41 — trading 69.6% above its estimated fair value. The current Change In Inventory is $-296 Mil. Nokia Oyj's overall GF Score™ is 58/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Nokia Oyj (NOK), the current Change In Inventory is $-296 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Nokia Oyj (NOK) Overvalued in 2026?
Based on GuruFocus' analysis, Nokia Oyj stock appears to be overvalued.
The current stock price of $8.41 is trading 69.6% above its estimated GF Value™ of $4.96.
GuruFocus considers Nokia Oyj to be Significantly Overvalued.
Key valuation signals for NOK:
Change In Inventory: $-296 Mil
GF Value™: $4.96 vs. price of $8.41 (69.6% above fair value)
No single metric tells the full story. See the NOK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nokia is a networking equipment vendor focused primarily on supporting wireless networks and, to a growing extent, Internet Protocol and optical systems. The firm operates three segments. The mobile infrastructure segment sells equipment and software used to operate the core of carrier and enterprise wireless networks. Network infrastructure comprises IP, optical, and fixed-network equipment, including switching and routing equipment, optical components, and devices used in fiber-to-the-premises networks. The portfolio business comprises businesses considered noncore to Nokia in the future, including fixed wireless access customer premises equipment, enterprise campus edge, and microwave radio.
58GF Score
Get the complete analysis for NOK
Change In Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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