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