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

KORE Group Holdings (KORE) posted quarterly Change in Receivables of $2.7 million for Q1 2024, down 15.68% year-over-year from $3.2 million in Q2 2023, and down 15.68% on a QoQ basis from $3.2 million in Q1 2023.

KORE Group Holdings (KORE) Change in Receivables (2020 - 2024) Analysis & Trends

KORE Group Holdings (KORE) has reported Change in Receivables for 5 consecutive years, with $2.7 million the latest figure, recorded in Q1 2024.

  • In Q1 2024, Change in Receivables fell 15.68% year-over-year to $2.7 million; the TTM figure through Mar 2024 stood at -$560000.0 (up 93.31% YoY), while the FY2025 annual figure was $2.8 million, up 141.86% from the prior year.
  • Change in Receivables came in at $2.7 million for Q1 2024 at KORE Group Holdings, down from $3.2 million in the prior quarter.
  • The five-year high for Change in Receivables was $5.8 million in Q3 2021, with the low at -$8.5 million in Q3 2022.
  • Average Change in Receivables over 5 years is $1.1 million, with a median of $2.5 million recorded in 2020.
  • The largest YoY upside for Change in Receivables was 337.59% in 2022 against a maximum downside of 247.24% in 2022.
  • Year by year, Change in Receivables stood at $2.5 million in 2020, then slumped by 134.16% to -$854000.0 in 2021, then soared by 337.59% to $2.0 million in 2022, then surged by 59.04% to $3.2 million in 2023, then decreased by 15.68% to $2.7 million in 2024.
  • According to Business Quant data, Change in Receivables over the past three periods registered $2.7 million, $3.2 million, and $2.0 million for Q1 2024, Q1 2023, and Q4 2022 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Receivables (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 162.00 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 119.00 Mn
5 Telecom Argentina 27.29 Bn -708.89 Bn - -
6 Charter Communications 17.55 Bn 21.72 Bn - -5.00 Mn
7 Millicom International Cellular 15.13 Bn 13.99 Bn - -69.00 Mn
8 Globalstar 10.40 Bn 10.04 Bn 46.63 Mn -414,000.00
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
DateValue
Mar 31, 2024 2.72 Mn
Mar 31, 2024 2.72 Mn
Mar 31, 2023 3.23 Mn
Mar 31, 2023 3.23 Mn
Dec 31, 2022 2.03 Mn
Dec 31, 2022 2.03 Mn
Sep 30, 2022 -8.54 Mn
Sep 30, 2022 -8.54 Mn
Jun 30, 2022 -5.09 Mn
Jun 30, 2022 -5.09 Mn
Mar 31, 2022 2.64 Mn
Mar 31, 2022 2.64 Mn
Dec 31, 2021 -854,000.00
Dec 31, 2021 -854,000.00
Sep 30, 2021 5.80 Mn
Sep 30, 2021 5.80 Mn
Jun 30, 2021 5.25 Mn
Jun 30, 2021 5.25 Mn
Mar 31, 2021 1.91 Mn
Mar 31, 2021 1.91 Mn