Discontinued — last reported Q3 '23
Developing Countries — Net Sales
nVent Electric plc Developing Countries — Net Sales increased by 1.4% to $67.40M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 3.4%, from $65.20M to $67.40M. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase suggests successful market penetration and growing demand in emerging economies, while a decrease may indicate economic headwinds or competitive challenges in those specific regions.
Detailed definition
This metric represents the total revenue generated from sales of electrical connection and protection solutions within g...
Peer comparison
Peers in the industrial electrical equipment sector typically report this as part of their international or emerging market revenue disclosures, often benchmarking it against total global revenue to measure geographic diversification.
nvt_segment_developing_countries_net_salesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $67.90M | $74.10M | $78.30M | $70.20M | $76.40M | $65.20M | $70.20M | $66.00M | $66.50M | $67.40M |
| QoQ Change | — | +9.1% | +5.7% | -10.3% | +8.8% | -14.7% | +7.7% | -6.0% | +0.8% | +1.4% |
| YoY Change | — | — | — | — | +12.5% | -12.0% | -10.3% | -6.0% | -13.0% | +3.4% |
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Frequently Asked Questions
- What is nVent Electric plc's developing countries — net sales?
- nVent Electric plc (NVT) reported developing countries — net sales of $67.40M in Q3 2023.
- How has nVent Electric plc's developing countries — net sales changed year-over-year?
- nVent Electric plc's developing countries — net sales increased by 3.4% year-over-year, from $65.20M to $67.40M.
- What does developing countries — net sales mean?
- The total revenue earned from customers located in developing or emerging market countries.