KORE Days Of Inventory On Hand from 2010 to 2024

KORE Stock  USD 0.63  0.01  1.56%   
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 main balance sheet or income statement drivers, such as Depreciation And Amortization of 58.6 M, Interest Expense of 32.1 M or Selling General Administrative of 103.9 M, as well as many exotic indicators such as Price To Sales Ratio of 0.28, Dividend Yield of 0.0 or PTB Ratio of 2.11. KORE financial statements analysis is a perfect complement when working with KORE Group Valuation or Volatility modules.
  
This module can also supplement various KORE Group Technical models . 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

There are typically three primary documents that fall into the category of financial statements. These documents include KORE Group income statement, its balance sheet, and the statement of cash flows. KORE Group investors use historical funamental 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 use each financial statement separately, they are all related. The changes in KORE Group's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on KORE Group's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on KORE Group Financial Statements. Understanding these patterns can help to make the right decision on long term investment in KORE Group. 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 

Also Currently Popular

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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

Complementary Tools for KORE Stock analysis

When running KORE Group's price analysis, check to measure KORE Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy KORE Group is operating at the current time. Most of KORE Group's value examination focuses on studying past and present price action to predict the probability of KORE Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KORE Group's price. Additionally, you may evaluate how the addition of KORE Group to your portfolios can decrease your overall portfolio volatility.
Commodity Directory
Find actively traded commodities issued by global exchanges
Stocks Directory
Find actively traded stocks across global markets
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
CEOs Directory
Screen CEOs from public companies around the world
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Is KORE Group's industry 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
(1.94)
Revenue Per Share
3.242
Quarterly Revenue Growth
0.152
Return On Assets
(0.04)
Return On Equity
(1.78)
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.