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
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