Frontdoor Inc (FTDR)
Inventory turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 891,000 | 932,000 | 986,000 | 853,000 | 792,000 |
| Inventory | US$ in thousands | — | -5,000 | -6,000 | 25,000 | — |
| Inventory turnover | — | — | — | 34.12 | — |
December 31, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $891,000K ÷ $—K
= —
The inventory turnover ratio for Frontdoor Inc provides valuable insight into the management of the company's inventory levels and sales efficiency. The data reveals that as of December 31, 2021, the inventory turnover ratio stood at 34.12 times. This indicates that Frontdoor Inc was able to sell and replace its inventory over 34 times during the year, reflecting a high level of efficiency in managing its inventory. However, the absence of data for the other years limits a comprehensive trend analysis. It is important for Frontdoor Inc to consistently monitor and manage its inventory turnover ratio to ensure optimal utilization of resources and maintain healthy liquidity levels.
Peer comparison
Dec 31, 2024