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Frontier Services Group (Frontier Services Group) Days Inventory : 2.79 (As of Dec. 2023)


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What is Frontier Services Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Frontier Services Group's Average Total Inventories for the six months ended in Dec. 2023 was $0.6 Mil. Frontier Services Group's Cost of Goods Sold for the six months ended in Dec. 2023 was $40.8 Mil. Hence, Frontier Services Group's Days Inventory for the six months ended in Dec. 2023 was 2.79.

The historical rank and industry rank for Frontier Services Group's Days Inventory or its related term are showing as below:

DVNHF' s Days Inventory Range Over the Past 10 Years
Min: 1.89   Med: 2.91   Max: 11.76
Current: 2.58

During the past 13 years, Frontier Services Group's highest Days Inventory was 11.76. The lowest was 1.89. And the median was 2.91.

DVNHF's Days Inventory is ranked better than
80.77% of 780 companies
in the Transportation industry
Industry Median: 11.4 vs DVNHF: 2.58

Frontier Services Group's Days Inventory increased from Dec. 2022 (2.28) to Dec. 2023 (2.79). It might indicate that Frontier Services Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Frontier Services Group's Inventory Turnover for the six months ended in Dec. 2023 was 65.50.

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. Frontier Services Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.01.


Frontier Services Group Days Inventory Historical Data

The historical data trend for Frontier Services Group's Days 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.

* Premium members only.

Frontier Services Group Days Inventory Chart

Frontier Services Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.35 2.08 1.90 1.99 2.66

Frontier Services Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial 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 1.99 1.78 2.28 2.35 2.79

Competitive Comparison of Frontier Services Group's Days Inventory

For the Integrated Freight & Logistics subindustry, Frontier Services Group's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* 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. Note that "N/A" values will not show up in the chart.


Frontier Services Group's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Frontier Services Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Frontier Services Group's Days Inventory falls into.



Frontier Services Group Days Inventory Calculation

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

Frontier Services Group's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (0.683 + 0.641) / 2 ) / 90.856*365
=0.662 / 90.856*365
=2.66

Frontier Services Group's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0.604 + 0.641) / 2 ) / 40.771*365 / 2
=0.6225 / 40.771*365 / 2
=2.79

* 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.


Frontier Services Group  (OTCPK:DVNHF) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Frontier Services Group's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

2. 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.

Frontier Services Group's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

* 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.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Frontier Services Group Days Inventory Related Terms

Thank you for viewing the detailed overview of Frontier Services Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Frontier Services Group (Frontier Services Group) Business Description

Traded in Other Exchanges
Address
16 Harcourt Road, Suite 3902, 39th Floor, Far East Finance Centre, Admiralty, Hong Kong, HKG
Frontier Services Group Ltd is an investment holding company. The Group is principally engaged in the provision of aviation, logistics, security, insurance and infrastructure related services and the provision of online financial market information. It operates in three business segments that are Aviation and Logistics Business; Financial Market Information Business, which provides online financial market information; and Security, Insurance, and Infrastructure Business. The Aviation and Logistics Business segment generates maximum revenue for the company. Its geographical segments are Africa, Europe, Mainland China, Hong Kong, and South-East Asia & Middle-East.

Frontier Services Group (Frontier Services Group) Headlines

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