Paramount Global Class B (PARA)

Activity ratios

Short-term

Turnover ratios

	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
Receivables turnover	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Payables turnover	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Working capital turnover	10.04	11.23	10.95	11.19	9.73	11.33	16.73	22.09	11.86	9.39	6.54	5.06	3.97	4.56	3.95	3.84	4.61	6.60	7.36	16.17

The analysis of Paramount Global Class B's activity ratios reveals the following trends:

1. Inventory Turnover:
- Inventory turnover has shown fluctuations over the period analyzed, ranging from a low of 8.53 to a high of 24.68.
- The trend generally indicates that the company has been effectively managing its inventory, with a notable increase in turnover from March 31, 2022, to March 31, 2024, suggesting improved efficiency in selling inventory.

2. Receivables Turnover:
- No data is available for receivables turnover, which limits the ability to assess how quickly the company collects on its credit sales.

3. Payables Turnover:
- Like receivables turnover, no data is provided for payables turnover, preventing an evaluation of the company's payment practices to suppliers.

4. Working Capital Turnover:
- Working capital turnover demonstrates how effectively the company is utilizing its working capital to generate sales revenue.
- The ratio has varied significantly, reflecting changes in the company's operational efficiency and financial management throughout the period analyzed.
- There is a notable increase in working capital turnover from March 31, 2023, to March 31, 2024, indicating a potential improvement in the company's ability to generate sales with its available working capital.

In conclusion, while inventory turnover and working capital turnover provide insights into Paramount Global Class B's operational efficiency and financial performance, the lack of data for receivables turnover and payables turnover limits a comprehensive analysis of the company's overall activity management.

Average number of days

		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
Days of inventory on hand (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
Days of sales outstanding (DSO)	days	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Number of days of payables	days	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

Based on the provided data for Paramount Global Class B, let's analyze the activity ratios:

1. Days of Inventory on Hand (DOH):
- The DOH measures how many days, on average, a company holds its inventory before selling it.
- Paramount Global's DOH has shown fluctuations over the analyzed periods, ranging from a low of 14.79 days on March 31, 2024, to a high of 42.78 days on December 31, 2020.
- A declining trend in DOH from 2020 to 2024 indicates that the company is managing its inventory more efficiently, possibly by streamlining production or improving inventory turnover.

2. Days of Sales Outstanding (DSO):
- DSO represents the average number of days it takes for a company to collect revenue after a sale is made.
- The data provided shows that DSO values are not available for any of the periods, suggesting that the company's credit sales and collection cycle may not be significant or may not be accurately tracked.

3. Number of Days of Payables:
- This ratio indicates how long a company takes to pay its suppliers or trade payables.
- Similar to the DSO, the number of days of payables data is not available for any of the periods, indicating a lack of information on the time taken by Paramount Global to settle its payables.

In summary, Paramount Global appears to have managed its inventory efficiently over the analyzed periods, as evidenced by decreasing DOH values. However, the lack of information on DSO and payables hinders a comprehensive analysis of the company's receivables and payables management. Further data on these ratios would provide a more holistic view of Paramount Global's operating efficiency and liquidity management.

Long-term

	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
Fixed asset turnover	—	—	—	—	—	10.28	17.72	17.52	17.11	1.94	9.15	2.01	2.14	2.13	7.70	2.42	2.44	3.80	3.37	3.04
Total asset turnover	0.63	0.62	0.64	0.58	0.55	0.55	0.54	0.53	0.52	0.52	0.52	0.49	0.49	0.48	0.48	0.48	0.48	0.69	0.64	0.62

Paramount Global Class B's fixed asset turnover ratio has shown significant fluctuation over the years. The ratio started at 3.04 in March 2020, peaked at 17.72 in June 2023, and then dropped to 10.28 by September 2023. Since December 2023, the fixed asset turnover ratio has not been provided, indicating possible data unavailability.

On the other hand, the total asset turnover ratio has been relatively stable, ranging from 0.48 to 0.64 between March 2020 and June 2024. There is a gradual increase in the total asset turnover ratio over the years, reflecting an improvement in the efficiency of utilizing the company's total assets to generate revenue.

Overall, the fixed asset turnover ratio's volatility suggests changes in how efficiently Paramount Global Class B is utilizing its fixed assets to generate sales revenue. Meanwhile, the stable trend in the total asset turnover ratio indicates consistent efficiency in generating revenue relative to the total assets held by the company.