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

KORE Group Holdings (KORGW) recorded quarterly Change in Inventory of -$594000.0 in Q1 2024, up 54.38% quarter-over-quarter from -$1.3 million in Q1 2023, and up 54.38% on a YoY basis from -$384770.1 in Q2 2023.

KORE Group Holdings (KORGW) 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.

  • 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 was -$594000.0 for Q1 2024 at KORE Group Holdings, up from -$1.3 million in the prior quarter.
  • In the past five years, Change in Inventory ranged from a high of $3.4 million in Q4 2021 to a low of -$5.0 million in Q1 2022.
  • Historically, Change in Inventory has averaged $163272.7 across 5 years, with a median of $359000.0 in 2020.
  • The sharpest annual moves came in 2021 and 2022: Change in Inventory jumped 850.97% in 2021, then tumbled 668.79% in 2022.
  • A 5-year view of Change in Inventory shows it stood at $359000.0 in 2020, then surged by 850.97% to $3.4 million in 2021, then slumped by 51.67% to $1.6 million in 2022, then plunged by 178.91% to -$1.3 million in 2023, then jumped by 54.38% to -$594000.0 in 2024.
  • The last three Change in Inventory figures came in at -$594000.0 (Q1 2024), -$1.3 million (Q1 2023), and $1.6 million (Q4 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Bce 382.57 Bn 381.58 Bn - -
2 T-Mobile US 195.94 Bn 192.42 Bn 17.62 Bn -86.00 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 -
5 Telefonica Brasil 146.21 Bn 144.47 Bn 1.32 Bn 333.72 Mn
6 America Movil Sab De Cv 128.31 Bn 126.27 Bn 10.13 Bn 14.20 Bn
7 Chunghwa Telecom 109.39 Bn 107.21 Bn 719.92 Mn -
8 Millicom International Cellular 106.22 Bn 104.67 Bn - -2.00 Mn
9 Veon 82.81 Bn 80.59 Bn - -
10 KORE Group Holdings - - 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