News Corp B (NWS)
Days of inventory on hand (DOH)
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 3.30 | 7.99 | 13.39 | 11.54 | 19.59 | 17.51 | 19.64 | 15.41 | 18.78 | 16.65 | 17.92 | 15.70 | 18.69 | 18.61 | 22.88 | 18.16 | 21.79 | 20.36 | 25.08 | 25.80 | |
| DOH | days | 110.62 | 45.70 | 27.27 | 31.64 | 18.63 | 20.84 | 18.58 | 23.69 | 19.44 | 21.92 | 20.37 | 23.25 | 19.53 | 19.61 | 15.95 | 20.10 | 16.75 | 17.93 | 14.55 | 14.15 |
June 30, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 3.30
= 110.62
The Days of Inventory on Hand (DOH) for News Corp B exhibits notable fluctuations over the analyzed period, indicating varying inventory management efficiency and inventory levels relative to sales.
From September 30, 2020, through December 31, 2021, the DOH remained relatively stable, fluctuating within a narrow range of approximately 14.15 to 20.10 days. The lowest recorded DOH was 14.15 days at the end of September 2020, reflecting a swift turnover of inventory during that period, while the peak of 20.10 days at September 30, 2021, suggests a moderate increase in inventory holding periods.
Starting from late 2021 into 2022, DOH values depict a gradual upward trend. By March 31, 2022, the DOH is roughly 19.61 days, and it remains elevated through June 30, 2022, at approximately 19.53 days. This period indicates a slight elongation in inventory turnover times, which may reflect strategic inventory accumulation or changes in sales velocity.
A more pronounced increase occurs in late 2022 and early 2023. The DOH reaches a high of 23.69 days as of September 30, 2023, representing a significant elongation in inventory holding duration compared to earlier periods. This increase might suggest inventory build-up, slower sales, or strategic stockpiling efforts.
The data further reveals an emerging trend of declining DOH in the subsequent quarters, with values of 18.58 days at December 31, 2023, and 20.84 days at March 31, 2024. However, the figure surges again in September 2024 to 31.64 days, indicating a substantial increase in inventory on hand relative to sales. This peak may suggest overstocking or declining sales velocity.
The most dramatic change occurs in 2025, where DOH escalates sharply to 45.70 days at March 31, 2025, and further to 110.62 days at June 30, 2025. These exceptionally high figures imply significant inventory accumulation, possibly due to strategic shifts, market slowdowns, or other operational factors that substantially lengthen the inventory turnover cycle.
In summary, News Corp B's DOH has generally trended upward from late 2021 onwards, with periods of stabilization followed by sharp increases in 2024 and 2025. The substantial escalation in inventory days in June 2025 indicates a potential concern regarding inventory management efficiency, inventory obsolescence risk, or declining sales performance during this timeframe.
Peer comparison
Jun 30, 2025