Paramount Global Class B (PARA)

Days of inventory on hand (DOH)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Inventory turnover		19.85	20.67	16.44	12.21	8.59
DOH	days	18.39	17.66	22.21	29.89	42.51

December 31, 2023 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 19.85
= 18.39

Based on the information provided in the table, the days of inventory on hand (DOH) for Paramount Global for the past five years are not available or not provided. Without specific data on the number of days of inventory on hand for each year, a detailed analysis of the trend or performance of DOH over the period cannot be conducted.

Days of inventory on hand is a critical ratio that measures how efficiently a company manages its inventory. A lower DOH indicates that a company is turning over its inventory more quickly, which can be a positive indicator of efficiency and liquidity. Conversely, a higher DOH may suggest inefficiencies in inventory management, such as overstocking or slow-moving inventory.

To provide a comprehensive analysis of Paramount Global's DOH, it would be necessary to have access to the actual numerical values of DOH for each year from 2019 to 2023. This data would allow for the calculation of trends, comparison to industry benchmarks, and evaluation of the effectiveness of the company's inventory management practices.