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

KORE Group Holdings (KORGW) 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 (KORGW) 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 - - 39.12 Mn -

Historic Data

Download Data
DateValue
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