Fox Corp Class A (FOXA)
Inventory turnover
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | — | 9,089,000 | 10,100,000 | 9,480,000 | 8,337,000 |
| Inventory | US$ in thousands | 432,000 | 626,000 | 543,000 | 791,000 | 729,000 |
| Inventory turnover | 0.00 | 14.52 | 18.60 | 11.98 | 11.44 |
June 30, 2025 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $—K ÷ $432,000K
= 0.00
The inventory turnover ratio for Fox Corp Class A has demonstrated notable fluctuations over the analyzed periods. As of June 30, 2021, the ratio was recorded at 11.44, indicating that the company's inventory was sold and replaced approximately 11.44 times during the fiscal year. This ratio increased modestly to 11.98 by June 30, 2022, reflecting a slight improvement in inventory management and sales efficiency.
A significant rise is observed in the year ending June 30, 2023, when the inventory turnover surged to 18.60. This sharp increase suggests a more efficient inventory management process, leading to quicker inventory turnover and potentially higher sales velocity. Such a spike could be attributable to strategic inventory reductions or increased sales activity.
Subsequently, the ratio declined to 14.52 by June 30, 2024, indicating a reduction in inventory turnover efficiency relative to the previous year but still remaining substantially higher than the levels seen prior to 2023. The decrease may reflect adjustments in inventory levels, supply chain factors, or shifts in sales volume, although the ratio remains considerably elevated compared to earlier years.
By June 30, 2025, the inventory turnover ratio registers at 0.00, which may suggest an absence of inventory or a reporting anomaly, possibly due to the total liquidation or disposal of inventory, or an accounting change affecting inventory recognition. This value indicates that the company in that period did not effectively hold or sell inventory, or that the data for inventory turnover was not recorded or is unavailable.
Overall, the trend shows a marked improvement in inventory turnover up to 2023, followed by a significant decline in subsequent years, culminating in a zero ratio in 2025. This trajectory warrants further investigation to understand underlying operational changes or accounting practices impacting inventory management.
Peer comparison
Jun 30, 2025