Paramount Skydance Corporation Class B Common Stock (PSKY)

Inventory turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Cost of revenue US$ in thousands 20,555,000 22,388,000 19,845,000 17,744,000 14,992,000
Inventory US$ in thousands 1,429,000 1,414,000 1,342,000 1,504,000 1,757,000
Inventory turnover 14.38 15.83 14.79 11.80 8.53

December 31, 2024 calculation

Inventory turnover = Cost of revenue ÷ Inventory
= $20,555,000K ÷ $1,429,000K
= 14.38

The inventory turnover ratio for Paramount Skydance Corporation Class B Common Stock has demonstrated a consistent upward trajectory over the period from December 31, 2020, to December 31, 2024. Specifically, the ratio increased from 8.53 in 2020 to 11.80 in 2021, signaling an improvement in inventory efficiency. This upward trend continued, with the ratio reaching 14.79 in 2022 and further increasing to 15.83 in 2023, indicating even more efficient inventory management and faster inventory cycles.

However, in 2024, the inventory turnover ratio experienced a slight decline to 14.38, suggesting a marginal reduction in inventory turnover efficiency compared to the previous year, but still maintaining a higher level than in 2020.

Overall, the pattern indicates a period of steady enhancement in inventory management efficiency from 2020 to 2023, with a modest decrease observed in 2024. This trend reflects a possible optimization of inventory levels and improved sales performance, although the slight dip in 2024 warrants further analysis to determine if it results from seasonal variations, strategic inventory adjustments, or other factors affecting inventory rotation.


Peer comparison

Dec 31, 2024

Company name
Symbol
Inventory turnover
Paramount Skydance Corporation Class B Common Stock
PSKY
14.38
Fox Corp Class A
FOXA
0.00
Fox Corp Class B
FOX
0.00
Nexstar Broadcasting Group Inc
NXST
Tegna Inc
TGNA