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| Date | Value |
|---|---|
| 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 |