Frontline (FRO) Inventory Average (2012 - 2023)
Frontline (FRO) reported Inventory Average of $38.9 million for Q4 2023, down 61.96% quarter-over-quarter from $102.3 million in Q3 2023.
Frontline (FRO) Inventory Average (2012 - 2023) Analysis & Trends
Frontline has reported Inventory Average for 10 years, with the latest figure at $38.9 million in Q4 2023.
- For the quarter ending Q4 2023, Inventory Average changed N/A year-over-year to $38.9 million; the trailing twelve-month figure through Dec 2023 stood at $38.9 million (changed N/A YoY), and the FY2025 full-year result was $128.5 million, down 5.55% from the prior year.
- Inventory Average for Q4 2023 stood at $38.9 million, down from $102.3 million in the prior quarter.
- The five-year high for Inventory Average was $107.0 million in Q2 2022, with the low at $27.1 million in Q4 2021.
- Historically, Inventory Average has averaged $62.6 million across 5 years, with a median of $62.1 million in 2021.
- Annual changes were most pronounced in 2021 — Inventory Average plunged 52.66% — and 2022, when it surged 53.06%.
- Frontline's Inventory Average stood at $62.4 million in 2019, then decreased by 8.19% to $57.3 million in 2020, then sank by 52.66% to $27.1 million in 2021, then surged by 294.79% to $107.0 million in 2022, then plunged by 63.64% to $38.9 million in 2023.
- The last three Inventory Average figures came in at $38.9 million (Q4 2023), $102.3 million (Q3 2023), and $107.0 million (Q2 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 1.25 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 4.56 Bn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 583.50 Mn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 4.71 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | 11.41 Mn |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 175.00 Mn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 381.85 Mn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 1.04 Bn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 584.48 Mn |
| 10 | Frontline | 8.07 Mn | -252.48 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 38.92 Mn |
| Sep 30, 2023 | 102.32 Mn |
| Jun 30, 2022 | 107.03 Mn |
| Mar 31, 2022 | 32.97 Mn |
| Dec 31, 2021 | 27.11 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 |