Madison Square Garden Sports Corp (MSGS)
Inventory turnover
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 758,336 | 616,514 | 548,811 | 500,564 | 281,890 |
| Inventory | US$ in thousands | — | — | 24,829 | 18,810 | 23,858 |
| Inventory turnover | — | — | 22.10 | 26.61 | 11.82 |
June 30, 2025 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $758,336K ÷ $—K
= —
The inventory turnover ratio for Madison Square Garden Sports Corp over the analyzed period demonstrates notable fluctuations that warrant detailed examination. As of June 30, 2021, the inventory turnover stood at 11.82, indicating the company's ability to sell and replace its inventory approximately 11.82 times during that fiscal year. This figure experienced substantial growth by June 30, 2022, reaching 26.61, which suggests a significant increase in inventory efficiency, likely driven by improved sales performance, streamlined inventory management, or changes in product mix.
However, in the subsequent year ending June 30, 2023, the ratio declined to 22.10, reflecting a decrease in inventory turnover rate relative to the prior year but still maintaining a relatively high efficiency level compared to the 2021 figure. This decline could indicate a possible accumulation of inventory, a slowdown in sales, or strategic inventory management choices.
Data beyond June 30, 2023, is not available, as indicated by the placeholder symbols, rendering further trend analysis beyond this point impossible at present. Overall, the observed pattern reveals a prior sharp increase in inventory turnover followed by a modest decrease, with values remaining relatively high and indicative of effective inventory management practices during these years.
Peer comparison
Jun 30, 2025