Paramount Skydance Corporation Class B Common Stock (PSKY)

Number of days of payables

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Payables turnover 21.57 20.35 14.14 22.18 26.26
Number of days of payables days 16.92 17.93 25.80 16.46 13.90

December 31, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 21.57
= 16.92

The number of days of payables for Paramount Skydance Corporation Class B Common Stock has exhibited notable fluctuations over the analyzed period. At the close of 2020, the average payables period was approximately 13.90 days. This figure increased significantly by the end of 2021, reaching approximately 16.46 days, indicating a moderate extension in the time taken to settle obligations with suppliers or vendors.

The upward trend continued markedly into 2022, with the payables period reaching approximately 25.80 days. This substantial increase suggests a deliberate elongation of payment terms or a possible strain on cash flow management, allowing the company to delay payments longer than in previous years.

Following this peak, a reduction is observed by the end of 2023, with the payables period decreasing to roughly 17.93 days. This decline could reflect efforts to improve working capital management, accelerate payments, or renegotiate terms to shorten the payable duration.

By the conclusion of 2024, the payables period slightly decreased again to approximately 16.92 days, positioning it closer to the 2021 level, but still above the 2020 baseline. Over the five-year span, the data indicates a pattern of initial moderate growth in payable days, a significant expansion in 2022, followed by a partial normalization in subsequent years. This trend may imply adjustments in the company's cash management strategies, supplier relationships, or operational conditions impacting payable durations.


Peer comparison

Dec 31, 2024

Company name
Symbol
Number of days of payables
Paramount Skydance Corporation Class B Common Stock
PSKY
16.92
Fox Corp Class A
FOXA
Fox Corp Class B
FOX
Nexstar Broadcasting Group Inc
NXST
Tegna Inc
TGNA