KORE Group Holdings (KORE) Change in Receivables (2020 - 2024)
KORE Group Holdings' (KORE) quarterly Change in Receivables came in at $2.7 million in Q1 2024, down 15.68% year-on-year from $3.2 million in Q2 2023, and down 15.68% quarter-over-quarter from $3.2 million in Q1 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.
- On a quarterly basis, Change in Receivables fell 15.68% year-over-year to $2.7 million in Q1 2024; TTM through Mar 2024 was -$560000.0, a 93.31% increase from a year earlier, with the FY2025 full-year figure at $2.8 million, up 141.86% from the prior year.
- Change in Receivables eased to $2.7 million in Q1 2024 per KORE's latest filing, from $3.2 million in the prior quarter.
- Across five years, Change in Receivables topped out at $5.8 million in Q3 2021 and bottomed at -$8.5 million in Q3 2022.
- The 5-year median for Change in Receivables is $2.5 million (2020), against an average of $1.1 million.
- Biggest YoY gain for Change in Receivables was 337.59% in 2022; the steepest drop was 247.24% in 2022.
- Year by year, Change in Receivables stood at $2.5 million in 2020, then tumbled 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.
- Per Business Quant, the three latest KORE Change in Receivables figures stand at $2.7 million (Q1 2024), $3.2 million (Q1 2023), and $2.0 million (Q4 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (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 | -59.04 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 | 498.00 Mn |
| 7 | At&T | 169.04 Bn | 151.47 Bn | 25.25 Bn | 299.00 Mn |
| 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| 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 |