KORE Days Of Inventory On Hand from 2010 to 2024

KORE Stock  USD 1.80  0.05  2.70%   
KORE Group's Days Of Inventory On Hand is increasing over the years with slightly volatile fluctuation. Days Of Inventory On Hand is expected to dwindle to 21.64. During the period from 2010 to 2024 KORE Group Days Of Inventory On Hand annual values regression line had geometric mean of  18.69 and mean square error of  50.87. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
23.32300117
Current Value
21.64
Quarterly Volatility
8.33391108
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check KORE Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among KORE Group's main balance sheet or income statement drivers, such as Depreciation And Amortization of 59 M, Interest Expense of 32.1 M or Selling General Administrative of 103.9 M, as well as many indicators such as Price To Sales Ratio of 0.54, Dividend Yield of 0.0 or PTB Ratio of 1.15. KORE financial statements analysis is a perfect complement when working with KORE Group Valuation or Volatility modules.
  
Check out the analysis of KORE Group Correlation against competitors.

Latest KORE Group's Days Of Inventory On Hand Growth Pattern

Below is the plot of the Days Of Inventory On Hand of KORE Group Holdings over the last few years. It is KORE Group's Days Of Inventory On Hand historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in KORE Group's overall financial position and show how it may be relating to other accounts over time.
Days Of Inventory On Hand10 Years Trend
Slightly volatile
   Days Of Inventory On Hand   
       Timeline  

KORE Days Of Inventory On Hand Regression Statistics

Arithmetic Mean19.78
Geometric Mean18.69
Coefficient Of Variation42.13
Mean Deviation5.66
Median15.54
Standard Deviation8.33
Sample Variance69.45
Range30.6616
R-Value0.57
Mean Square Error50.87
R-Squared0.32
Significance0.03
Slope1.05
Total Sum of Squares972.36

KORE Days Of Inventory On Hand History

2024 21.64
2023 23.32
2022 28.4
2021 46.2
2020 21.77

About KORE Group Financial Statements

KORE Group stakeholders use historical fundamental indicators, such as KORE Group's Days Of Inventory On Hand, to determine how well the company is positioned to perform in the future. Although KORE Group investors may analyze each financial statement separately, they are all interrelated. For example, changes in KORE Group's assets and liabilities are reflected in the revenues and expenses on KORE Group's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in KORE Group Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 23.32  21.64 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether KORE Group Holdings is a strong investment it is important to analyze KORE Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact KORE Group's future performance. For an informed investment choice regarding KORE Stock, refer to the following important reports:
Check out the analysis of KORE Group Correlation against competitors.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Diversified Telecommunication Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of KORE Group. If investors know KORE will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about KORE Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(8.00)
Revenue Per Share
15.421
Quarterly Revenue Growth
(0.02)
Return On Assets
(0.04)
Return On Equity
(3.37)
The market value of KORE Group Holdings is measured differently than its book value, which is the value of KORE that is recorded on the company's balance sheet. Investors also form their own opinion of KORE Group's value that differs from its market value or its book value, called intrinsic value, which is KORE Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because KORE Group's market value can be influenced by many factors that don't directly affect KORE Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between KORE Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if KORE Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KORE Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.