Frontline (FRO) Inventory Average (2012 - 2023)
Frontline's (FRO) quarterly Inventory Average came in at $120.6 million in Q4 2023, up 17.89% quarter-over-quarter from $102.3 million in Q3 2023.
Analysis
Frontline (FRO) Inventory Average (2012 - 2023) Analysis & Trends
Frontline (FRO) has reported Inventory Average for 10 consecutive years, with $120.6 million the latest figure, recorded in Q4 2023.
- For the quarter ending Q4 2023, Inventory Average changed N/A year-over-year to $120.6 million; the trailing twelve-month figure through Dec 2023 stood at $120.6 million (changed N/A YoY), and the FY2025 full-year result was $128.5 million, down 5.55% from the prior year.
- Inventory Average rose to $120.6 million in Q4 2023 per FRO's latest filing, from $102.3 million in the prior quarter.
- Across five years, Inventory Average topped out at $120.6 million in Q4 2023 and bottomed at $51.0 million in Q3 2020.
- Historically, Inventory Average has averaged $73.8 million across 5 years, with a median of $67.1 million in 2019.
- The sharpest annual moves came in 2019 and 2022: Inventory Average dropped 14.04% in 2019, then soared 53.06% in 2022.
- Over 5 years, Inventory Average stood at $62.4 million in 2019, then dropped by 8.19% to $57.3 million in 2020, then surged by 37.89% to $79.0 million in 2021, then soared by 35.53% to $107.0 million in 2022, then grew by 12.7% to $120.6 million in 2023.
- According to Business Quant data, Inventory Average over the past three periods registered $120.6 million, $102.3 million, and $107.0 million for Q4 2023, Q3 2023, and Q2 2022 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | - |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | 417.01 Mn |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | - |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | 15.16 Mn |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | 97.72 Mn |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | 101.75 Mn |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | 12.75 Mn |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | 68.87 Mn |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | 97.15 Mn |
| 10 | ZIM Integrated Shipping Services | 3.44 Bn | 2.41 Bn | 255.00 Mn | 214.85 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 120.62 Mn |
| Sep 30, 2023 | 102.32 Mn |
| Jun 30, 2022 | 107.03 Mn |
| Mar 31, 2022 | 84.82 Mn |
| Dec 31, 2021 | 78.97 Mn |
| Sep 30, 2021 | 75.37 Mn |
| Jun 30, 2021 | 69.93 Mn |
| Mar 31, 2021 | 62.06 Mn |
| Dec 31, 2020 | 57.27 Mn |
| Sep 30, 2020 | 50.96 Mn |
| Jun 30, 2020 | 58.18 Mn |
| Mar 31, 2020 | 68.89 Mn |
| Dec 31, 2019 | 62.38 Mn |
| Sep 30, 2019 | 57.45 Mn |
| Jun 30, 2019 | 59.30 Mn |
| Mar 31, 2019 | 65.28 Mn |
| Dec 31, 2018 | 66.31 Mn |
| Sep 30, 2018 | 66.84 Mn |
| Jun 30, 2018 | 66.36 Mn |
| Mar 31, 2018 | 62.30 Mn |