Frontier Communications Parent Inc (FYBR)
Inventory turnover
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 4,190,000 | 4,408,000 | 2,362,000 | 3,227,000 | 3,740,000 |
| Inventory | US$ in thousands | — | — | — | -85,000 | — |
| Inventory turnover | — | — | — | — | — |
December 31, 2023 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $4,190,000K ÷ $—K
= —
To calculate Frontier Communications Parent Inc's inventory turnover ratio, we need the cost of goods sold (COGS) and the average inventory for each respective year. Without this information provided in the table, it is not possible to compute the inventory turnover ratio for the given years.
The inventory turnover ratio is a liquidity metric that measures how effectively a company is managing its inventory by comparing its sales to its average inventory. A high inventory turnover ratio indicates efficient inventory management, while a low ratio may suggest inventory management problems.
Given the lack of specific data for COGS and inventory, it is challenging to assess Frontier Communications Parent Inc's inventory turnover performance over the specified years. It would be beneficial to have additional financial details to conduct a more in-depth analysis of the company's inventory turnover trend and efficiency.
Peer comparison
Dec 31, 2023