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

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

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

KORE Group Holdings (KORGW) has reported Change in Inventory for 5 consecutive years, with -$594000.0 the latest figure, recorded in 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 came in at -$594000.0 for Q1 2024 at KORE Group Holdings, up from -$1.3 million in the prior quarter.
  • The five-year high for Change in Inventory was $3.4 million in Q4 2021, with the low at -$5.0 million in Q1 2022.
  • Average Change in Inventory over 5 years is $163272.7, with a median of $359000.0 recorded in 2020.
  • Across the five-year window, Change in Inventory jumped 850.97% in 2021 and plunged 668.79% in 2022, its largest moves.
  • Year by year, Change in Inventory stood at $359000.0 in 2020, then surged by 850.97% to $3.4 million in 2021, then tumbled by 51.67% to $1.6 million in 2022, then sank by 178.91% to -$1.3 million in 2023, then jumped by 54.38% to -$594000.0 in 2024.
  • According to Business Quant data, Change in Inventory over the past three periods registered -$594000.0, -$1.3 million, and $1.6 million for Q1 2024, Q1 2023, and Q4 2022 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (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 -86.00 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 -
5 Telecom Argentina 27.29 Bn -708.89 Bn - -
6 Charter Communications 17.55 Bn 21.72 Bn - -
7 Millicom International Cellular 15.13 Bn 13.99 Bn - -2.00 Mn
8 Globalstar 10.40 Bn 10.04 Bn 46.63 Mn -
9 Sify Technologies 7.22 Bn 7.17 Bn 54.72 Mn -
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