Paramount Global Class B (PARA)

Days of inventory on hand (DOH)

		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
Inventory turnover		14.45	12.15	15.55	24.68	15.91	12.96	14.68	19.99	14.79	13.28	14.42	19.13	11.80	10.30	11.04	13.45	8.53	11.27	10.62	12.96
DOH	days	25.25	30.04	23.47	14.79	22.94	28.17	24.86	18.26	24.68	27.48	25.32	19.08	30.94	35.43	33.05	27.14	42.78	32.37	34.36	28.17

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 14.45
= 25.25

Paramount Global Class B's days of inventory on hand (DOH) metric measures how long the company holds its inventory before selling it. Analyzing the DOH data provided, we can observe fluctuations in the efficiency of Paramount Global Class B's inventory management over the stated periods.

From March 31, 2020, to June 30, 2021, there seems to be a fluctuating trend in DOH, indicating potential challenges in managing inventory levels effectively. Notably, the DOH increased significantly from 27.14 days on March 31, 2021, to 42.78 days on December 31, 2021, reflecting a substantial increase in the average time it takes to sell inventory.

However, following this peak, there appears to be a general downward trend in DOH from March 31, 2022, to December 31, 2024, with intermittent fluctuations. The decreasing trend suggests improvements in inventory turnover and a more efficient inventory management strategy during these periods.

It is essential for Paramount Global Class B to monitor its DOH closely to ensure optimal inventory levels, as excessive inventory holding can tie up capital and increase storage costs, while low inventory levels can lead to stockouts and lost sales opportunities.

Overall, the analysis of Paramount Global Class B's DOH indicates fluctuations in inventory management efficiency, highlighting the need for continuous monitoring and adjustment of inventory levels to optimize working capital and operational performance.