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Kore Group Holdings's total inventories for the quarter that ended in Sep. 2024 was $7.6 Mil. Kore Group Holdings's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was $7.7 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Kore Group Holdings's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-29.22.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kore Group Holdings's Days Inventory for the three months ended in Sep. 2024 was 22.87.
Inventory Turnover measures how fast the company turns over its inventory within a year. Kore Group Holdings's Inventory Turnover for the quarter that ended in Sep. 2024 was 3.99.
Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Kore Group Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.11.
The historical data trend for Kore Group Holdings's Total Inventories can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Kore Group Holdings Annual Data | |||||||||||
Trend | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | ||||||
Total Inventories | - | 5.84 | 15.47 | 10.05 | 8.22 |
Kore Group Holdings Quarterly Data | ||||||||||||||||||
Dec19 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Total Inventories | Get a 7-Day Free Trial | 9.93 | 8.22 | 7.61 | 7.84 | 7.55 |
Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.
Kore Group Holdings (NYSE:KORE) Total Inventories Explanation
Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.
1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.
Kore Group Holdings's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is
Net-Net Working Capital Per Share (Q: Sep. 2024 ) | |||||||
= | (Cash And Cash Equivalents | + | 0.75 * Accounts Receivable | + | 0.5 * Total Inventories | - | Total Liabilities |
- | Preferred Stock | - | Minority Interest) | / | Shares Outstanding (EOP) | ||
= | (18.607 | + | 0.75 * 45.812 | + | 0.5 * 7.554 | - | 551.152 |
- | 0 | - | 0) | / | 16.9194 | ||
= | -29.22 |
2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Kore Group Holdings's Days Inventory for the three months ended in Sep. 2024 is calculated as:
Days Inventory | = | Average Total Inventories (Q: Sep. 2024 ) | / | Cost of Goods Sold (Q: Sep. 2024 ) | * | Days in Period |
= | 7.698 | / | 30.719 | * | 365 / 4 | |
= | 22.87 |
3. Inventory Turnover measures how fast the company turns over its inventory within a year.
Kore Group Holdings's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as
Inventory Turnover | = | Cost of Goods Sold (Q: Sep. 2024 ) | / | Average Total Inventories (Q: Sep. 2024 ) |
= | 30.719 | / | 7.698 | |
= | 3.99 |
4. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Kore Group Holdings's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as
Inventory-to-Revenue | = | Average Total Inventories (Q: Sep. 2024 ) | / | Revenue (Q: Sep. 2024 ) |
= | 7.698 | / | 68.92 | |
= | 0.11 |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.
When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.
Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.
Thank you for viewing the detailed overview of Kore Group Holdings's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.
Louise P Winstone | officer: See Remarks | 3700 MANSELL RD., SUITE 300, ALPHARETTA GA 30022 |
Romil Bahl | director, officer: Chief Executive Officer | 3170 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042 |
Jason Dietrich | officer: EVP, Chief Rev. Officer | 3 RAVINIA DRIVE NE, SUITE 500, ATLANTA GA 30346 |
Twilio Inc | 10 percent owner | 101 SPEAR STREET, SUITE 500, San Francisco CA 94105 |
Robert P Macinnis | director | C/O KORE, 3700 MANSELL ROAD, SUITE 300, ALPHARETTA GA 30022 |
Tomer Yosef-or | director | C/O ABRY BROADCAST PARTNERS, 111 HUNTINGTON AVE., 30TH FLOOR, BOSTON MA 02199 |
Kennedy Jack William Jr. | officer: See Remarks | 1871 ASPEN DR NE, ATLANTA GA 30345 |
Tushar K. Sachdev | officer: See Remarks | 600 GALLERIA PARKWAY, SUITE 100, ATLANTA GA 30339 |
Paul Holtz | officer: See Remarks | C/O KORE, 3700 MANSELL ROAD, SUITE 300, ALPHARETTA GA 30022 |
Wood River Capital, Llc | 10 percent owner | 4111 E. 37TH STREET N, WICHITA KS 67220 |
James E Geisler | director | 2087 BRIDGEPORT DR, LEXINGTON KY 40502 |
Paulett Eberhart | director | C/O LPL FINANCIAL, 4707 EXECUTIVE DRIVE, SAN DIEGO CA 32121 |
Mark A Neporent | director | C/O CERBERUS PARTNERS LP, 450 PARK AVENUE 28TH FLOOR, NEW YORK NY 10022 |
R Michael Thurston | officer: See Remarks | 1170 PEACHTREE STREET, SUITE 900, ATLANTA GA 30309 |
Koch Industries Inc | 10 percent owner | 4111 EAST 37TH STREET NORTH, WICHITA KS 67220 |
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