Frontdoor Inc (FTDR)
Days of inventory on hand (DOH)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | — | — | 32.72 | — | 42.94 | |
| DOH | days | — | — | 11.16 | — | 8.50 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The lack of specific days of inventory on hand (DOH) data for Frontdoor Inc. for the past five years restricts a direct analysis of the company's inventory turnover efficiency. Without this information, it is challenging to evaluate how quickly Frontdoor is selling its inventory and the effectiveness of its inventory management.
Having a consistent record of DOH figures over the years would have facilitated a thorough assessment of Frontdoor's inventory management practices, identifying trends in inventory turnover efficiency and providing insights into the company's ability to control and optimize its inventory levels. Investors and stakeholders could have used this information to assess the company's liquidity, operational efficiency, and overall financial health.
In the absence of specific DOH data, a detailed evaluation of Frontdoor's inventory turnover performance and its impact on the company's financial performance and competitiveness is not feasible. Analysts would need access to updated and reliable DOH figures to conduct a comprehensive assessment of Frontdoor's inventory management strategies and their effectiveness in generating sales and maintaining optimal inventory levels.
Peer comparison
Dec 31, 2023