KORE Group Holdings (KORE) Change in Inventory (2020 - 2024)

KORE Group Holdings' (KORE) quarterly Change in Inventory came in at -$594000.0 in Q1 2024, up 54.38% year-on-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.

  • On a quarterly basis, Change in Inventory rose 54.38% year-over-year to -$594000.0 in Q1 2024; TTM through Mar 2024 was -$1.8 million, a 37.65% increase from a year earlier, with the FY2025 full-year figure at -$1.2 million, down 130.83% from the prior year.
  • Change in Inventory rose to -$594000.0 in Q1 2024 per KORE's latest filing, from -$1.3 million in the prior quarter.
  • Across five years, Change in Inventory topped out at $3.4 million in Q4 2021 and bottomed 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.
  • Across the five-year window, Change in Inventory soared 850.97% in 2021 and tumbled 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 plunged by 51.67% to $1.6 million in 2022, then slumped by 178.91% to -$1.3 million in 2023, then jumped by 54.38% to -$594000.0 in 2024.
  • Per Business Quant, the three latest KORE Change in Inventory figures stand at -$594000.0 (Q1 2024), -$1.3 million (Q1 2023), and $1.6 million (Q4 2022).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 America Movil Sab De Cv 1,543.97 Bn 1,543.97 Bn 7.08 Bn -
2 Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk 1,427.96 Bn -8,564.04 Bn - -
3 Grupo Televisa, S.A.B 958.85 Bn 957.15 Bn 317.18 Mn -
4 Chunghwa Telecom 334.17 Bn 331.99 Bn 719.92 Mn -55.22 Mn
5 Verizon Communications 198.41 Bn 190.05 Bn 29.14 Bn -
6 T-Mobile US 192.12 Bn 189.29 Bn 17.74 Bn -142.00 Mn
7 At&T 169.04 Bn 151.47 Bn 25.25 Bn -
8 Veon 90.84 Bn 90.84 Bn - -
9 Tim 50.18 Bn 50.03 Bn 677.20 Mn -
10 KORE Group Holdings 173.71 Mn 144.81 Mn 39.12 Mn -

Historic Data

Download Data
DateValue
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