Frontline (FRO) Change in Account Payables (2024)
Frontline (FRO) posted Change in Account Payables of $11.9 million for Q2 2022, up 37.31% on a QoQ basis from $8.7 million in Q1 2022, and up 111.04% year-over-year from $5.6 million in Q2 2021.
Frontline (FRO) Change in Account Payables (2024) Analysis & Trends
Frontline (FRO) has reported Change in Account Payables for 12 consecutive years, with $11.9 million the latest figure, recorded in Q2 2022.
- Change in Account Payables for Q2 2022 came in at $11.9 million, up 111.04% year-over-year; the trailing twelve-month figure through Jun 2022 was $11.9 million (up 111.04% YoY), and the FY2025 annual result was $21.4 million, up 528.79% from the prior year.
- Change in Account Payables was $11.9 million for Q2 2022 at Frontline, up from $8.7 million in the prior quarter.
- Over five years, Change in Account Payables peaked at $34.1 million in Q1 2018 and troughed at $2.3 million in Q4 2021.
- A 5-year average of $14.2 million and a median of $11.2 million in 2020 frame the typical range for Change in Account Payables.
- Annual changes were most pronounced in 2018 — Change in Account Payables soared 256.05% — and 2021, when it slumped 76.7%.
- Year by year, Change in Account Payables stood at $14.9 million in 2018, then declined by 12.28% to $13.0 million in 2019, then tumbled by 39.73% to $7.9 million in 2020, then tumbled by 70.39% to $2.3 million in 2021, then jumped by 410.96% to $11.9 million in 2022.
- Per Business Quant, the three latest FRO Change in Account Payables figures stand at $11.9 million (Q2 2022), $8.7 million (Q1 2022), and $2.3 million (Q4 2021).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Account Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | - |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | -172.00 Mn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | - |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | - |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | - |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | - |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 810.00 Mn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | -20.00 Mn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | - |
| 10 | Frontline | 7.75 Bn | 7.48 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 24.40 Mn |
| Dec 31, 2024 | 24.40 Mn |