Discontinued — last reported Q3 '23
Other Developed Countries — Net Sales
nVent Electric plc Other Developed Countries — Net Sales decreased by 11.1% to $12.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 9.8%, from $13.30M to $12.00M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates successful market expansion or stronger demand in mature international economies, while a decrease may signal competitive pressure or economic headwinds 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 international revenue by region, with developed market performance often benchmarked against regional GDP growth and local infrastructure investment cycles.
nvt_segment_other_developed_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 | $13.00M | $13.00M | $14.20M | $13.80M | $13.70M | $13.30M | $11.50M | $13.90M | $13.50M | $12.00M |
| QoQ Change | — | +0.0% | +9.2% | -2.8% | -0.7% | -2.9% | -13.5% | +20.9% | -2.9% | -11.1% |
| YoY Change | — | — | — | — | +5.4% | +2.3% | -19.0% | +0.7% | -1.5% | -9.8% |
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Frequently Asked Questions
- What is nVent Electric plc's other developed countries — net sales?
- nVent Electric plc (NVT) reported other developed countries — net sales of $12.00M in Q3 2023.
- How has nVent Electric plc's other developed countries — net sales changed year-over-year?
- nVent Electric plc's other developed countries — net sales decreased by 9.8% year-over-year, from $13.30M to $12.00M.
- What does other developed countries — net sales mean?
- The total revenue earned from customers located in developed international markets outside of the company's primary home region.