Paramount Global Class B (PARA)

Days of inventory on hand (DOH)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Inventory turnover		13.60	15.83	14.79	11.80	8.53
DOH	days	26.83	23.05	24.68	30.94	42.78

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 13.60
= 26.83

Paramount Global Class B's days of inventory on hand (DOH) has shown a decreasing trend over the past five years. In December 2020, the company held inventory for an average of 42.78 days, which decreased to 30.94 days by December 2021. Subsequently, the DOH continued to decline to 24.68 days by December 2022, further dropping to 23.05 days by December 2023. However, in December 2024, there was a slight increase in DOH to 26.83 days.

Overall, the decreasing trend in DOH indicates that Paramount Global Class B has been managing its inventory more efficiently over the years, potentially reducing carrying costs and minimizing the risk of inventory obsolescence. The slight increase in 2024 may warrant further investigation to understand the factors contributing to this change.