Frontdoor Inc (FTDR)
Days of inventory on hand (DOH)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Inventory turnover | — | — | — | 34.12 | — | |
DOH | days | — | — | — | 10.70 | — |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
Days of Inventory on Hand (DOH) is a financial ratio that indicates the average number of days it takes for a company to sell its inventory. Analyzing Frontdoor Inc's DOH data reveals important insights into the company's inventory management efficiency.
As of December 31, 2021, Frontdoor Inc's DOH was 10.70 days. This suggests that on average, the company takes approximately 10.70 days to sell its inventory. A lower DOH value is generally preferred as it indicates efficient inventory turnover and management.
The absence of data for December 31, 2020, 2022, 2023, and 2024 makes it challenging to assess the trend in Frontdoor Inc's inventory management performance over the years. However, the available data for 2021 indicates a relatively low DOH, which could imply effective inventory control practices, prompt sales turnover, or lean inventory levels.
It would be beneficial for stakeholders to monitor Frontdoor Inc's future DOH figures to track any potential changes in inventory turnover efficiency, assess the impact on working capital management, and understand the company's ability to adapt to market demand fluctuations.
Peer comparison
Dec 31, 2024