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Frontline Ltd  (OSTO:FROo) Days Inventory: 59.31 (As of Jun. 2017)

Frontline Ltd's Total Inventories for the three months ended in Jun. 2017 was NOK516 Mil. Frontline Ltd's Cost of Goods Sold for the three months ended in Jun. 2017 was NOK794 Mil. Hence, Frontline Ltd's days inventory for the three months ended in Jun. 2017 was 59.31.

OSTO:FROo' s Days Inventory Range Over the Past 10 Years
Min: 22.11   Max: 382.8
Current: 43.96

22.11
382.8

During the past 13 years, Frontline Ltd's highest Days Inventory was 382.80. The lowest was 22.11. And the median was 49.90.

OSTO:FROo's Days Inventory is ranked lower than
80% of the 665 Companies
in the Global industry.

( Industry Median: 11.44 vs. OSTO:FROo: 43.96 )

Frontline Ltd's days inventory increased from Jun. 2016 (28.81) to Jun. 2017 (59.31). It might indicate that Frontline Ltd's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Total Inventories can be measured by Days Sales of Inventory (DSI).

Inventory Turnover measures how fast the company turns over its inventory within a year. Frontline Ltd's Inventory Turnover for the three months ended in Jun. 2017 was 1.54.

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 Ltd's Inventory-to-Revenue for the three months ended in Jun. 2017 was 0.41.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Frontline Ltd Annual Data

Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Days Inventory Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 77.03 364.78 139.43 50.24 35.29

Frontline Ltd Quarterly Data

Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
Days Inventory Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.81 30.19 19.97 41.18 59.31

Competitive Comparison
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap.


Calculation

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

Frontline Ltd's Days Inventory for the fiscal year that ended in Dec. 2016 is calculated as

Days Inventory (A: Dec. 2016 )
=Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2015 ) + Total Inventories (A: Dec. 2016 )) / 2 ) / Cost of Goods Sold (A: Dec. 2016 )*Days in Period
=( (224.165217391 + 322.79109589) / 2 ) / 2828.60445205*365
=273.478156641 / 2828.60445205*365
=35.29

Frontline Ltd's Days Inventory for the quarter that ended in Jun. 2017 is calculated as:

Days Inventory (Q: Jun. 2017 )
=Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2017 ) + Total Inventories (Q: Jun. 2017 )) / 2 ) / Cost of Goods Sold (Q: Jun. 2017 )*Days in Period
=( (381.947278912 + 650.27072758) / 2 ) / 794.060913706*365 / 4
=516.109003246 / 794.060913706*365 / 4
=59.31

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


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