Frontdoor Inc (FTDR)
Inventory turnover
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 892,000 | 882,000 | 902,000 | 918,000 | 931,000 | 937,000 | 954,000 | 976,000 | 985,000 | 988,000 | 931,000 | 877,000 | 852,000 | 840,000 | 847,000 | 827,000 | 792,000 | 764,000 | 739,000 | 718,000 |
| Inventory | US$ in thousands | — | -81,000 | -6,000 | -6,000 | -5,000 | -8,000 | -8,000 | -5,000 | -6,000 | 29,000 | 24,000 | — | — | — | — | 30,000 | — | — | — | — |
| Inventory turnover | — | — | — | — | — | — | — | — | — | 34.07 | 38.79 | — | — | — | — | 27.57 | — | — | — | — |
December 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $892,000K ÷ $—K
= —
The inventory turnover ratio for Frontdoor Inc provides insights into how efficiently the company is managing its inventory. Looking at the data provided, the inventory turnover was not available for the periods ending in March, June, September, and December 2020, and December 2021, as well as for the subsequent periods until March 2022.
For March 2021, the inventory turnover ratio was calculated to be 27.57 times, indicating that the company sold and replaced its inventory nearly 28 times during that period. However, there was no information available for the subsequent quarters until June 2022.
In June 2022, the inventory turnover ratio increased significantly to 38.79 times, suggesting that the company was more efficient in managing its inventory during that period compared to March 2021. The ratio then decreased to 34.07 times by September 2022, which still reflects a relatively high turnover rate.
The lack of data for the remaining quarters until the end of 2024 limits a comprehensive analysis of the trend in inventory turnover for Frontdoor Inc. However, the fluctuations observed in the available data indicate some variability in the company's inventory management efficiency during the periods under consideration.
Peer comparison
Dec 31, 2024
Dec 31, 2024