News Corp A (NWSA)

The days of inventory on hand (DOH) for News Corp A have exhibited notable fluctuations over the observed period from June 30, 2021, to June 30, 2025. As of June 30, 2021, the company maintained a DOH of approximately 16.75 days, indicating a relatively efficient inventory management with inventory turnover being relatively high. This figure increased modestly to 19.53 days by June 30, 2022, reflecting a slight extension in the duration inventory remained held before sale. The DOH remained relatively stable through June 30, 2023, at approximately 19.44 days, suggesting consistent inventory management practices during this period.

However, a notable increase is observed by June 30, 2024, where the DOH rises to 18.66 days, showing a marginal improvement in inventory turnover compared to the previous year. The most significant change occurs by June 30, 2025, with the DOH increasing sharply to 28.45 days. This substantial rise indicates a considerable slowdown in inventory turnover, implying that inventory is being held for a considerably longer period before sale. The trend suggests a potential buildup of inventory or a decline in sales velocity relative to inventory levels.

Overall, the progression indicates that News Corp A experienced relatively stable inventory management from 2021 through 2024, but the sharp increase in 2025 warrants further investigation. It could reflect strategic changes, operational challenges, shifts in demand, or inventory build-up, each of which can have significant implications for the company’s liquidity and operational efficiency.

Peer comparison

Jun 30, 2025