New York Times Company (NYT)
Inventory turnover
| 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 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 1,350,757 | 1,355,816 | 1,335,112 | 1,301,724 | 1,271,003 | 1,260,039 | 1,243,760 | 1,234,420 | 1,208,933 | 1,157,039 | 1,119,161 | 1,069,936 | 1,039,568 | 1,009,836 | 988,758 | 967,547 | 960,222 | 896,201 | 839,077 | 781,944 |
| Inventory | US$ in thousands | — | — | 0 | 0 | — | 56,653 | 60,904 | 58,357 | 54,859 | 58,733 | 46,228 | 41,766 | 33,199 | 38,839 | 36,262 | 33,459 | 29,487 | 32,087 | 28,382 | 29,834 |
| Inventory turnover | — | — | — | — | — | 22.24 | 20.42 | 21.15 | 22.04 | 19.70 | 24.21 | 25.62 | 31.31 | 26.00 | 27.27 | 28.92 | 32.56 | 27.93 | 29.56 | 26.21 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $1,350,757K ÷ $—K
= —
The inventory turnover ratio of New York Times Company has shown some fluctuations over the past few years. The trend indicates that the company has been effective in managing its inventory levels efficiently.
From March 31, 2020, to June 30, 2021, the inventory turnover ratio ranged from 26.21 to 27.27, showing a relatively stable performance during this period. However, from September 30, 2021, to March 31, 2024, the ratio experienced a gradual decline from 26.00 to 20.42, suggesting that the company may have experienced challenges in managing its inventory turnover efficiently during these periods.
Overall, a higher inventory turnover ratio indicates that the company is selling its inventory more frequently, which is generally favorable. However, a significant decrease in the ratio may point to issues such as overstocking or slowing sales. It would be essential for New York Times Company to closely monitor and address any potential inventory management issues to maintain a healthy balance between inventory levels and sales performance.
Peer comparison
Dec 31, 2024
Dec 31, 2024