KORE Group Holdings (KORGW) Change in Receivables (2020 - 2024)
KORE Group Holdings (KORGW) posted quarterly Change in Receivables of $2.7 million for Q1 2024, down 15.68% year-over-year from $3.2 million in Q2 2023, and down 15.68% on a QoQ basis from $3.2 million in Q1 2023.
KORE Group Holdings (KORGW) Change in Receivables (2020 - 2024) Analysis & Trends
KORE Group Holdings (KORGW) has reported Change in Receivables for 5 consecutive years, with $2.7 million the latest figure, recorded in 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 came in at $2.7 million for Q1 2024 at KORE Group Holdings, down from $3.2 million in the prior quarter.
- The five-year high for Change in Receivables was $5.8 million in Q3 2021, with the low at -$8.5 million in Q3 2022.
- Average Change in Receivables over 5 years is $1.1 million, with a median of $2.5 million recorded in 2020.
- The largest YoY upside for Change in Receivables was 337.59% in 2022 against a maximum downside of 247.24% in 2022.
- Year by year, Change in Receivables stood at $2.5 million in 2020, then slumped 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 decreased by 15.68% to $2.7 million in 2024.
- According to Business Quant data, Change in Receivables over the past three periods registered $2.7 million, $3.2 million, and $2.0 million for Q1 2024, Q1 2023, and Q4 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (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 | 162.00 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 | 119.00 Mn |
| 5 | Telecom Argentina | 27.29 Bn | -708.89 Bn | - | - |
| 6 | Charter Communications | 17.55 Bn | 21.72 Bn | - | -5.00 Mn |
| 7 | Millicom International Cellular | 15.13 Bn | 13.99 Bn | - | -69.00 Mn |
| 8 | Globalstar | 10.40 Bn | 10.04 Bn | 46.63 Mn | -414,000.00 |
| 9 | Sify Technologies | 7.22 Bn | 7.17 Bn | 54.72 Mn | - |
| 10 | KORE Group Holdings | - | - | 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 |