Frontdoor Inc (FTDR)
Inventory turnover
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 895,000 | 901,000 | 919,000 | 942,000 | 952,000 | 956,000 | 899,000 | 843,000 | 817,000 | 804,000 | 812,000 | 791,000 | 757,000 | 732,000 | 708,000 | 692,000 | 688,000 | 682,000 | 682,000 | |
| Inventory | US$ in thousands | — | -8,000 | -8,000 | -5,000 | -6,000 | 29,000 | 24,000 | — | — | — | — | 30,000 | — | — | — | — | — | — | — | — |
| Inventory turnover | — | — | — | — | — | 32.97 | 37.46 | — | — | — | — | 26.37 | — | — | — | — | — | — | — |
December 31, 2023 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $895,000K ÷ $—K
= —
As the table does not provide specific data for Frontdoor Inc.'s inventory turnover across the mentioned quarters, a detailed analysis of the trend over time cannot be conducted. It is recommended to obtain the actual figures for inventory turnover for each corresponding quarter to assess the company's efficiency in managing its inventory levels and converting them into sales. Inventory turnover is a critical ratio that can indicate the company's liquidity, operational efficiency, and sales effectiveness. A higher inventory turnover ratio typically signifies more efficient inventory management, while a lower ratio may indicate overstocking or slow-moving inventory.
Peer comparison
Dec 31, 2023
Dec 31, 2023