Paramount Global Class B (PARA)

Working capital turnover

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	US$ in thousands	29,213,000	29,652,000	30,154,000	28,586,000	25,285,000
Total current assets	US$ in thousands	12,542,000	12,703,000	13,734,000	16,676,000	13,779,000
Total current liabilities	US$ in thousands	9,631,000	9,656,000	11,191,000	9,479,000	8,296,000
Working capital turnover		10.04	9.73	11.86	3.97	4.61

December 31, 2024 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $29,213,000K ÷ ($12,542,000K – $9,631,000K)
= 10.04

The working capital turnover ratio for Paramount Global Class B has shown fluctuating trends over the years, indicating varying efficiency in utilizing its working capital.

In 2020, the ratio stood at 4.61, suggesting that the company generated $4.61 in revenue for every dollar of working capital invested. This metric decreased to 3.97 in 2021, indicating a potential decline in efficiency in utilizing working capital.

However, there was a significant improvement in 2022, with a notable spike in the working capital turnover ratio to 11.86, showcasing a remarkable efficiency in generating revenue from working capital. This elevated level was sustained in 2023 at 9.73, indicating continued strong performance in this aspect.

Subsequently, in 2024, the ratio slightly decreased to 10.04, still reflecting a healthy level of working capital efficiency. Overall, the company demonstrated varying levels of effectiveness in utilizing its working capital resources to drive revenue generation over the analyzed period.