Frontier Transport Holdings (JSE:FTH) Days Inventory : 123.38 (As of Sep. 2023)

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What is Frontier Transport Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Frontier Transport Holdings's Average Total Inventories for the six months ended in Sep. 2023 was R34 Mil. Frontier Transport Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was R51 Mil. Hence, Frontier Transport Holdings's Days Inventory for the six months ended in Sep. 2023 was 123.38.

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

JSE:FTH' s Days Inventory Range Over the Past 10 Years
Min: 53.89 Med: 74.53 Max: 128.35
Current: 128.35

During the past 7 years, Frontier Transport Holdings's highest Days Inventory was 128.35. The lowest was 53.89. And the median was 74.53.

JSE:FTH's Days Inventory is ranked worse than
93.34% of 781 companies
in the Transportation industry
Industry Median: 11.42 vs JSE:FTH: 128.35

Frontier Transport Holdings's Days Inventory declined from Sep. 2022 (130.33) to Sep. 2023 (123.38).

Inventory Turnover measures how fast the company turns over its inventory within a year. Frontier Transport Holdings's Inventory Turnover for the six months ended in Sep. 2023 was 1.48.

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 Transport Holdings's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.03.

Frontier Transport Holdings Days Inventory Historical Data

The historical data trend for Frontier Transport Holdings'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.

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Frontier Transport Holdings Days Inventory Chart

Frontier Transport Holdings Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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74.53

72.48

76.08

108.88

125.28

Frontier Transport Holdings Semi-Annual Data
	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial									88.43	122.77	130.33	128.65	123.38

Competitive Comparison of Frontier Transport Holdings's Days Inventory

For the Railroads subindustry, Frontier Transport Holdings'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 Transport Holdings's Days Inventory Distribution in the Transportation Industry

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

* The bar in red indicates where Frontier Transport Holdings's Days Inventory falls into.

Frontier Transport Holdings Days Inventory Calculation

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

Frontier Transport Holdings's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (36.015	+	32.484)	/	2 )	/	99.788	*	365
=	34.2495					/	99.788	*	365
=	125.28

Frontier Transport Holdings's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (32.484	+	36.202)	/	2 )	/	50.799	*	365 / 2
=	34.343					/	50.799	*	365 / 2
=	123.38

Frontier Transport Holdings (JSE:FTH) 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 Transport Holdings's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	50.799	/	34.343
	=	1.48

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 Transport Holdings's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	34.343	/	1247.316
	=	0.03

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 Transport Holdings Days Inventory Related Terms

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

Frontier Transport Holdings (JSE:FTH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Frontier Transport Holdings Ltd (JSE:FTH) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

103 Bofors Circle, Epping Industria, Cape Town, WC, ZAF, 7460

Website

http://www.hplr.co.za

Frontier Transport Holdings Ltd, formerly Hosken Passenger Logistics And Rail Ltd through its subsidiary provide a scheduled commuter bus operator in the Cape Metropole. It is engaged in the provision of passenger transport services within South Africa. The company operates in the luxury and semi-luxury coach markets.

Frontier Transport Holdings (JSE:FTH) Headlines

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