Frontline (FRO) Inventory Average (2012 - 2023)
Frontline (FRO) posted Inventory Average of $120.6 million for Q4 2023, up 17.89% on a QoQ basis from $102.3 million in Q3 2023.
Frontline (FRO) Inventory Average (2012 - 2023) Analysis & Trends
Frontline's Inventory Average history runs 10 years deep, the most recent figure standing at $120.6 million for Q4 2023.
- Quarterly Inventory Average changed N/A year-over-year to $120.6 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $120.6 million (changed N/A YoY) and the FY2025 annual result came in at $128.5 million, down 5.55% from the prior year.
- Inventory Average was $120.6 million for Q4 2023 at Frontline, up 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.
- A 5-year average of $76.8 million and a median of $69.9 million in 2021 frame the typical range for Inventory Average.
- Annual changes were most pronounced in 2021 — Inventory Average slipped 9.92% — and 2022, when it surged 53.06%.
- Frontline's 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.
- Business Quant data shows FRO's Inventory Average at $120.6 million in Q4 2023, $102.3 million in Q3 2023, and $107.0 million in Q2 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 27.46 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 7.66 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 579.00 Mn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 1.25 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 4.56 Bn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 584.48 Mn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 4.71 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 381.85 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 1.04 Bn |
| 10 | Frontline | 1.55 Bn | 1.29 Bn | - | - |
Historic Data
Download 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, 2018 | 66.84 Mn |
| Jun 30, 2018 | 66.36 Mn |
| Mar 31, 2018 | 62.30 Mn |
| Jun 30, 2017 | 45.11 Mn |
| Mar 31, 2017 | 41.31 Mn |
| Dec 31, 2014 | 37.37 Mn |
| Sep 30, 2014 | 46.78 Mn |