KORE Group Holdings (KORE) Change in Receivables (2020 - 2024)
KORE Group Holdings (KORE) recorded quarterly Change in Receivables of $2.7 million in Q1 2024, down 15.68% quarter-over-quarter from $3.2 million in Q1 2023, and down 15.68% on a YoY basis from $3.2 million in Q2 2023.
KORE Group Holdings (KORE) Change in Receivables (2020 - 2024) Analysis & Trends
KORE Group Holdings' Change in Receivables history runs 5 years deep, the most recent figure standing at $2.7 million for 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 was $2.7 million for Q1 2024 at KORE Group Holdings, down from $3.2 million in the prior quarter.
- In the past five years, Change in Receivables ranged from a high of $5.8 million in Q3 2021 to a low of -$8.5 million in Q3 2022.
- Historically, Change in Receivables has averaged $1.1 million across 5 years, with a median of $2.5 million in 2020.
- Biggest YoY gain for Change in Receivables was 337.59% in 2022; the steepest drop was 247.24% in 2022.
- A 5-year view of Change in Receivables shows it stood at $2.5 million in 2020, then sank 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 declined by 15.68% to $2.7 million in 2024.
- The last three Change in Receivables figures came in at $2.7 million (Q1 2024), $3.2 million (Q1 2023), and $2.0 million (Q4 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Bce | 382.57 Bn | 381.58 Bn | - | - |
| 2 | T-Mobile US | 195.94 Bn | 192.42 Bn | 17.62 Bn | 162.00 Mn |
| 3 | Verizon Communications | 190.78 Bn | 183.73 Bn | 27.94 Bn | - |
| 4 | At&T | 159.64 Bn | 149.68 Bn | 25.25 Bn | 119.00 Mn |
| 5 | Telefonica Brasil | 146.21 Bn | 144.47 Bn | 1.32 Bn | -14.43 Mn |
| 6 | America Movil Sab De Cv | 128.31 Bn | 126.27 Bn | 10.13 Bn | - |
| 7 | Chunghwa Telecom | 109.39 Bn | 107.21 Bn | 719.92 Mn | - |
| 8 | Millicom International Cellular | 106.22 Bn | 104.67 Bn | - | -69.00 Mn |
| 9 | Veon | 82.81 Bn | 80.59 Bn | - | - |
| 10 | KORE Group Holdings | 183.51 Mn | 154.61 Mn | 39.12 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |