Paramount Global Class B (PARA)

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	20,656,000	20,217,000	20,556,000	22,012,000	22,496,000	22,726,000	22,505,000	21,687,000	19,845,000	19,814,000	19,418,000	18,177,000	17,744,000	16,100,000	15,670,000	15,290,000	14,992,000	21,072,000	19,516,000	18,540,000
Inventory	US$ in thousands	1,429,000	1,664,000	1,322,000	892,000	1,414,000	1,754,000	1,533,000	1,085,000	1,342,000	1,492,000	1,347,000	950,000	1,504,000	1,563,000	1,419,000	1,137,000	1,757,000	1,869,000	1,837,000	1,431,000
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

December 31, 2024 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $20,656,000K ÷ $1,429,000K
= 14.45

The inventory turnover for Paramount Global Class B has shown fluctuating trends over the past five years. The ratio measures how many times a company's inventory is sold and replaced over a specific period, indicating the efficiency of inventory management.

From March 31, 2020, to December 31, 2020, the inventory turnover ranged between 8.53 and 13.45, exhibiting some variability. However, there was a notable increase in the turnover ratio to 19.13 by March 31, 2022, suggesting an improvement in the company's inventory management efficiency.

Subsequently, the inventory turnover ratio fluctuated but generally remained relatively high, with values ranging from 12.15 to 24.68 by the end of December 31, 2024. This variability in inventory turnover could be attributed to changes in demand, production, and supply chain dynamics.

Overall, the increasing trend in inventory turnover from 2020 to 2024 indicates a potentially more streamlined and effective management of inventory within Paramount Global Class B. However, it is essential to further analyze the company's operations and market factors to fully understand the implications of these inventory turnover ratios.