KORE Group Holdings (KORE) Change in Inventory (2020 - 2024)
KORE Group Holdings (KORE) posted quarterly Change in Inventory of -$594000.0 for Q1 2024, up 54.38% year-over-year from -$384770.1 in Q2 2023, and up 54.38% quarter-over-quarter from -$1.3 million in Q1 2023.
KORE Group Holdings (KORE) Change in Inventory (2020 - 2024) Analysis & Trends
KORE Group Holdings' Change in Inventory history runs 5 years deep, the most recent figure standing at -$594000.0 for Q1 2024.
- In Q1 2024, Change in Inventory rose 54.38% year-over-year to -$594000.0; the TTM figure through Mar 2024 stood at -$1.8 million (up 37.65% YoY), while the FY2025 annual figure was -$1.2 million, down 130.83% from the prior year.
- Change in Inventory for Q1 2024 stood at -$594000.0, up from -$1.3 million in the prior quarter.
- The five-year high for Change in Inventory was $3.4 million in Q4 2021, with the low at -$5.0 million in Q1 2022.
- The 5-year median for Change in Inventory is $359000.0 (2020), against an average of $163272.7.
- The sharpest annual moves came in 2021 and 2022: Change in Inventory soared 850.97% in 2021, then slumped 668.79% in 2022.
- KORE Group Holdings' Change in Inventory stood at $359000.0 in 2020, then jumped by 850.97% to $3.4 million in 2021, then sank by 51.67% to $1.6 million in 2022, then tumbled by 178.91% to -$1.3 million in 2023, then soared by 54.38% to -$594000.0 in 2024.
- Business Quant data shows KORE's Change in Inventory at -$594000.0 in Q1 2024, -$1.3 million in Q1 2023, and $1.6 million in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 205.94 Bn | 204.19 Bn | 27.03 Bn | - |
| 2 | T-Mobile US | 197.66 Bn | 194.84 Bn | 17.74 Bn | -142.00 Mn |
| 3 | Grupo Televisa, S.A.B | 195.87 Bn | 194.16 Bn | 318.12 Mn | - |
| 4 | At&T | 175.69 Bn | 158.12 Bn | 25.25 Bn | - |
| 5 | Chunghwa Telecom | 33.68 Bn | 31.10 Bn | 728.80 Mn | - |
| 6 | EchoStar | 25.23 Bn | 23.73 Bn | 1.65 Bn | - |
| 7 | Bce | 22.13 Bn | 22.13 Bn | - | - |
| 8 | Rogers Communications | 19.70 Bn | 18.45 Bn | 1.77 Bn | - |
| 9 | Telefonica Brasil | 18.52 Bn | 18.52 Bn | 1.32 Bn | -53.99 Mn |
| 10 | KORE Group Holdings | 162.68 Mn | 133.76 Mn | 39.12 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | -594,000.00 |
| Mar 31, 2024 | -594,000.00 |
| Mar 31, 2023 | -1.30 Mn |
| Mar 31, 2023 | -1.30 Mn |
| Dec 31, 2022 | 1.65 Mn |
| Dec 31, 2022 | 1.65 Mn |
| Sep 30, 2022 | -1.53 Mn |
| Sep 30, 2022 | -1.53 Mn |
| Jun 30, 2022 | -1.67 Mn |
| Jun 30, 2022 | -1.67 Mn |
| Mar 31, 2022 | -4.99 Mn |
| Mar 31, 2022 | -4.99 Mn |
| Dec 31, 2021 | 3.41 Mn |
| Dec 31, 2021 | 3.41 Mn |
| Sep 30, 2021 | 2.37 Mn |
| Sep 30, 2021 | 2.37 Mn |
| Jun 30, 2021 | 3.21 Mn |
| Jun 30, 2021 | 3.21 Mn |
| Mar 31, 2021 | 878,000.00 |
| Mar 31, 2021 | 878,000.00 |