Frontdoor Inc (FTDR)
Days of inventory on hand (DOH)
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Inventory turnover | — | — | — | — | — | — | — | — | — | 34.07 | 38.79 | — | — | — | — | 27.57 | — | — | — | — | |
DOH | days | — | — | — | — | — | — | — | — | — | 10.71 | 9.41 | — | — | — | — | 13.24 | — | — | — | — |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The days of inventory on hand (DOH) for Frontdoor Inc fluctuated over the reported periods, as per the provided data. As of March 31, 2021, the company held inventory for approximately 13.24 days. Subsequently, the DOH data was not available for the following quarters until June 30, 2022, where it was recorded at 9.41 days, indicating a decrease in the time it takes to sell its inventory.
There was a slight increase by September 30, 2022, with the DOH standing at 10.71 days, implying that the company held inventory for a slightly longer period compared to the previous quarter. The data for the remaining quarters through December 31, 2024, was not available, indicating potential gaps in the information provided.
Analyzing DOH helps in understanding how efficiently a company manages its inventory. A lower DOH typically signifies that the company is selling its products quickly and efficiently, while a higher DOH may indicate slower sales turnover or potential issues with obsolete inventory.
Peer comparison
Dec 31, 2024