King Resources (KRFG) Change in Inventory (2021 - 2023)
King Resources (KRFG) posted quarterly Change in Inventory of -$34178.0 for Q1 2023, down 347.11% year-on-year from $13831.0 in Q1 2022, and down 316.85% on a QoQ basis from $15761.0 in Q4 2022.
King Resources (KRFG) Change in Inventory (2021 - 2023) Analysis & Trends
King Resources (KRFG) has reported Change in Inventory for 3 consecutive years, with -$34178.0 the latest figure, recorded in Q1 2023.
- Quarterly Change in Inventory fell 347.11% year-over-year to -$34178.0 in Q1 2023, while the trailing twelve-month figure through Dec 2023 was -$34178.0 (down 212.46% YoY) and the FY2023 annual result came in at -$17617.0, down 290.41% from the prior year.
- Change in Inventory retreated to -$34178.0 in Q1 2023 per KRFG's latest filing, from $15761.0 in the prior quarter.
- Over the last five years, Change in Inventory for KRFG reached as high as $15761.0 in Q4 2022 and fell as low as -$34178.0 in Q1 2023.
- A 3-year average of $8.43 and a median of $874.0 in 2022 frame the typical range for Change in Inventory.
- Annual changes were most pronounced in 2022 — Change in Inventory jumped 444.2% — and 2023, when it tumbled 347.11%.
- Year by year, Change in Inventory stood at -$4579.0 in 2021, then soared by 444.2% to $15761.0 in 2022, then slumped by 316.85% to -$34178.0 in 2023.
- According to Business Quant data, Change in Inventory over the past three periods registered -$34178.0, $15761.0, and -$74.0 for Q1 2023, Q4 2022, and Q3 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Electrovaya | 402.48 Bn | 402.45 Bn | 6.04 Mn | - |
| 2 | Vertiv Holdings | 106.95 Bn | 104.45 Bn | 999.70 Mn | 384.20 Mn |
| 3 | Bloom Energy | 50.83 Bn | 48.34 Bn | 225.54 Mn | 88.58 Mn |
| 4 | Hubbell | 25.55 Bn | 25.03 Bn | 505.30 Mn | 61.20 Mn |
| 5 | nVent Electric | 23.46 Bn | 23.27 Bn | 445.60 Mn | 42.60 Mn |
| 6 | Advanced Energy Industries | 10.71 Bn | 10.02 Bn | 200.90 Mn | 48.40 Mn |
| 7 | Acuity Inc. (De) | 10.03 Bn | 9.62 Bn | 606.40 Mn | -55.60 Mn |
| 8 | Powell Industries | 7.87 Bn | 7.33 Bn | 87.94 Mn | 1.69 Mn |
| 9 | EnerSys | 6.97 Bn | 6.53 Bn | 290.87 Mn | -64.00 Mn |
| 10 | King Resources | 5.52 Mn | 5.51 Mn | 29,642.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2023 | -34,178.00 |
| Mar 31, 2023 | -34,178.00 |
| Dec 31, 2022 | 15,761.00 |
| Dec 31, 2022 | 15,761.00 |
| Sep 30, 2022 | -74.00 |
| Sep 30, 2022 | -74.00 |
| Jun 30, 2022 | 874.00 |
| Jun 30, 2022 | 874.00 |
| Mar 31, 2022 | 13,831.00 |
| Mar 31, 2022 | 13,831.00 |
| Dec 31, 2021 | -4,579.00 |
| Dec 31, 2021 | -4,579.00 |
| Mar 31, 2021 | 8,424.00 |
| Mar 31, 2021 | 8,424.00 |