The statistics display (available from from Tools->Statistics) allows you to understand how network and system performance is effecting you audio experience. Some statistics are not dependant on a link with another player and will always be displayed. Other values are specifically for a link to a specific player and can be selected in the dropdown at the top of the display.
Statistics are either timers or counters. Timer show the percentage of available time used by the activity (e.g. if the audio cycle timer is 5% then 5% of the available time is used for handling audio processing). Counters show how many of a value is being used (e.g. if the missed packets counter average is 10, then on average 10 packets are being missed per second).
interframe_time in ms = (buffer length)/(sampling rate kHz)
For example, if the sampling rate is 48kHz and the buffer size is 128 samples, then the expected interframe time is 128/48 = 2.67ms. If the max value is a lot larger than the expected value then you should use the Tuning graphs to find out what the network problem is.