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% on a QoQ basis from -$1.3 million in Q1 2023.
KORE Group Holdings (KORE) Change in Inventory (2020 - 2024) Analysis & Trends
KORE Group Holdings (KORE) has reported Change in Inventory for 5 consecutive years, with -$594000.0 the latest figure, recorded in 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 came in at -$594000.0 for Q1 2024 at KORE Group Holdings, 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.
- Average Change in Inventory over 5 years is $163272.7, with a median of $359000.0 recorded in 2020.
- Across the five-year window, Change in Inventory jumped 850.97% in 2021 and plunged 668.79% in 2022, its largest moves.
- Year by year, Change in Inventory stood at $359000.0 in 2020, then surged by 850.97% to $3.4 million in 2021, then tumbled by 51.67% to $1.6 million in 2022, then sank by 178.91% to -$1.3 million in 2023, then jumped by 54.38% to -$594000.0 in 2024.
- According to Business Quant data, Change in Inventory over the past three periods registered -$594000.0, -$1.3 million, and $1.6 million for Q1 2024, Q1 2023, and Q4 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 1,360.11 Bn | 465.10 Bn | - | - |
| 2 | T-Mobile US | 190.40 Bn | 186.88 Bn | 17.62 Bn | -86.00 Mn |
| 3 | Verizon Communications | 176.65 Bn | 169.60 Bn | 27.94 Bn | - |
| 4 | At&T | 143.78 Bn | 133.82 Bn | 25.25 Bn | - |
| 5 | Telecom Argentina | 27.29 Bn | -708.89 Bn | - | - |
| 6 | Charter Communications | 17.55 Bn | 21.72 Bn | - | - |
| 7 | Millicom International Cellular | 15.13 Bn | 13.99 Bn | - | -2.00 Mn |
| 8 | Globalstar | 10.40 Bn | 10.04 Bn | 46.63 Mn | - |
| 9 | Sify Technologies | 7.22 Bn | 7.17 Bn | 54.72 Mn | - |
| 10 | KORE Group Holdings | 184.90 Mn | 156.00 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 |