Paramount Skydance Corporation Class B Common Stock (PSKY)

Inventory turnover

		Jun 30, 2025	Mar 31, 2025	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
Cost of revenue (ttm)	US$ in thousands	19,619,000	19,362,000	20,555,000	20,116,000	20,455,000	22,012,000	22,496,000	22,726,000	22,505,000	21,687,000	19,845,000	19,814,000	19,418,000	18,177,000	17,744,000	16,100,000	15,670,000	15,290,000	14,992,000	21,072,000
Inventory	US$ in thousands	1,519,000	1,054,000	1,429,000	1,664,000	1,322,000	892,000	1,414,000	1,754,000	1,533,000	1,085,000	1,342,000	1,492,000	1,347,000	950,000	1,504,000	1,563,000	1,419,000	1,137,000	1,757,000	1,869,000
Inventory turnover		12.92	18.37	14.38	12.09	15.47	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

June 30, 2025 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $19,619,000K ÷ $1,519,000K
= 12.92

The inventory turnover ratios for Paramount Skydance Corporation Class B Common Stock over various reporting periods demonstrate notable fluctuations indicative of changes in inventory management efficiency. At the start of the examined period, the ratio was 11.27 as of September 30, 2020, reflecting a moderate level of inventory selling and replenishment activity. Throughout 2020 and the first half of 2021, the ratios decreased to a low of 8.53 at December 31, 2020, potentially suggesting increased inventory holdings relative to sales or decreased sales activity.

From early 2021 onwards, the ratio exhibited variability, with a significant increase to 13.45 by March 31, 2021, and subsequent moderate fluctuations around the 10.30 to 11.80 range. Notably, the ratio spiked sharply in March 2022 to 19.13, which could indicate improved sales efficiency or reduced inventory levels relative to revenues during that period. This upward trend continued, reaching a peak of 19.99 as of March 31, 2023.

Post-2023, there was a decline in inventory turnover ratios, with a low point of 12.09 in September 2024, suggesting either increased inventory holdings or a slowdown in sales activity. However, the ratio then increased again to 14.38 in December 2024, followed by another rise to 18.37 in March 2025, indicating periods of renewed efficiency or tighter inventory management.

Overall, the data reflect periods of both inventory accumulation and efficiency. The sharp increases in the ratio, notably in early 2022 and again in early 2025, suggest strategic adjustments or shifts in sales performance. Conversely, declines in the ratio point to potential inventory build-ups that may merit further examination regarding sales trends and inventory strategies.