Frontline (Frontline) Change In Inventory

: $0 Mil (TTM As of Sep. 2023)

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Frontline's change in inventory for the quarter that ended in Sep. 2023 was $0 Mil. It means Frontline's inventory stayed the same from Jun. 2023 to Sep. 2023 .

Frontline's change in inventory for the fiscal year that ended in Dec. 2022 was $-99 Mil. It means Frontline's inventory increased by $99 Mil from Dec. 2021 to Dec. 2022 .

Frontline's Total Inventories for the quarter that ended in Sep. 2023 was $156 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Frontline's Days Inventory for the quarter that ended in Sep. 2023 was 67.82.

Inventory Turnover measures how fast the company turns over its inventory within a year. Frontline's Inventory Turnover for the quarter that ended in Sep. 2023 was 1.35.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Frontline's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.49.

Frontline Change In Inventory Historical Data

The historical data trend for Frontline's Change In Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Frontline Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Inventory

-48.81

-9.80

43.86

-26.72

-98.56

Frontline Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Change In Inventory																-	-	-	-	-

Frontline Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.

Frontline (NYSE:FRO) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Frontline's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	183.915	/	247.435	*	365 / 4
	=	67.82

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Frontline's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	247.435	/	183.915
	=	1.35

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Frontline's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	183.915	/	377.085
	=	0.49

Frontline Change In Inventory Related Terms

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Frontline (Frontline) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Frontline Plc (NYSE:FRO) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

8, John Kennedy Street, 7th floor, Iris House, Office 740B, Limassol, CYP, 3106

Website

https://www.frontlineplc.cy

Frontline Plc is an international shipping company engaged in the seaborne transportation of crude oil and oil products. Group operates through the tankers segment. The tankers segment includes crude oil tankers and product tankers. Its geographical area of operation includes Arabian Gulf, West African, the North Sea, and the Caribbean. Frontline earns revenue through voyage charters, time charters, and a finance lease. It is also involved in the charter, purchase, and sale of vessels.