Paramount Skydance Corporation Class B Common Stock (PSKY)
Days of inventory on hand (DOH)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Inventory turnover | 14.38 | 15.83 | 14.79 | 11.80 | 8.53 | |
DOH | days | 25.38 | 23.05 | 24.68 | 30.94 | 42.78 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 14.38
= 25.38
The days of inventory on hand (DOH) for Paramount Skydance Corporation Class B Common Stock has demonstrated a consistent downward trend over the analyzed period. At the end of 2020, the DOH was approximately 42.78 days, indicating that, on average, inventory remained in stock for just over six weeks. By the end of 2021, this figure declined to approximately 30.94 days, reflecting a significant reduction of around 11.84 days, suggestive of improved inventory turnover and potentially increased operational efficiency. The trend continued into 2022, with the DOH further decreasing to approximately 24.68 days, signifying a faster inventory turnover rate. In 2023, this metric reached approximately 23.05 days, indicating a stabilization around a 3-week inventory period. In 2024, there was a slight increase to approximately 25.38 days, implying a modest lengthening of inventory holding period. Overall, the data indicates a pattern of increasing efficiency in inventory management up to 2023, with a minor reversal in 2024. This trend suggests the company's efforts toward optimizing inventory levels and improving turnover rates have been somewhat successful, although the slight uptick in 2024 warrants further investigation to understand its underlying causes.
Peer comparison
Dec 31, 2024