King Resources (KRFG) Change in Inventory (2021 - 2023)

King Resources (KRFG) recorded quarterly Change in Inventory of -$34178.0 in Q1 2023, down 316.85% quarter-over-quarter from $15761.0 in Q4 2022, and down 347.11% on a YoY basis from $13831.0 in Q1 2022.

King Resources (KRFG) Change in Inventory (2021 - 2023) Analysis & Trends

King Resources' Change in Inventory history runs 3 years deep, the most recent figure standing at -$34178.0 for Q1 2023.

  • In Q1 2023, Change in Inventory fell 347.11% year-over-year to -$34178.0; the TTM figure through Dec 2023 stood at -$34178.0 (down 212.46% YoY), while the FY2023 annual figure was -$17617.0, down 290.41% from the prior year.
  • Change in Inventory was -$34178.0 for Q1 2023 at King Resources, down from $15761.0 in the prior quarter.
  • In the past five years, Change in Inventory ranged from a high of $15761.0 in Q4 2022 to a low of -$34178.0 in Q1 2023.
  • Historically, Change in Inventory has averaged $8.43 across 3 years, with a median of $874.0 in 2022.
  • The sharpest annual moves came in 2022 and 2023: Change in Inventory soared 444.2% in 2022, then plunged 347.11% in 2023.
  • A 3-year view of Change in Inventory shows it stood at -$4579.0 in 2021, then jumped by 444.2% to $15761.0 in 2022, then slumped by 316.85% to -$34178.0 in 2023.
  • The last three Change in Inventory figures came in at -$34178.0 (Q1 2023), $15761.0 (Q4 2022), and -$74.0 (Q3 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Novonix 479.97 Bn 479.92 Bn - -
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn 384.20 Mn
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn 88.58 Mn
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn 42.60 Mn
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn 61.20 Mn
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn 48.40 Mn
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn 1.69 Mn
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn -
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn -4.20 Mn
10 King Resources - - 59,587.00 -

Historic Data

Download Data
DateValue
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