Paramount Skydance Corporation Class B Common Stock (PSKY)
Working capital 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 28,756,000 | 28,720,000 | 29,213,000 | 28,867,000 | 29,269,000 | 30,072,000 | 29,652,000 | 30,145,000 | 29,928,000 | 30,091,000 | 30,154,000 | 30,023,000 | 29,717,000 | 28,502,000 | 28,586,000 | 26,811,000 | 26,317,000 | 26,028,000 | 25,285,000 | 35,601,000 |
| Total current assets | US$ in thousands | 12,117,000 | 11,973,000 | 12,542,000 | 11,925,000 | 11,679,000 | 11,932,000 | 12,703,000 | 12,711,000 | 12,459,000 | 12,657,000 | 13,734,000 | 13,524,000 | 14,182,000 | 15,354,000 | 16,676,000 | 14,798,000 | 15,254,000 | 15,487,000 | 13,779,000 | 13,157,000 |
| Total current liabilities | US$ in thousands | 8,730,000 | 9,292,000 | 9,631,000 | 9,354,000 | 9,006,000 | 9,244,000 | 9,656,000 | 10,050,000 | 10,670,000 | 11,295,000 | 11,191,000 | 10,326,000 | 9,636,000 | 9,723,000 | 9,479,000 | 8,913,000 | 8,586,000 | 8,701,000 | 8,296,000 | 7,763,000 |
| Working capital turnover | 8.49 | 10.71 | 10.04 | 11.23 | 10.95 | 11.19 | 9.73 | 11.33 | 16.73 | 22.09 | 11.86 | 9.39 | 6.54 | 5.06 | 3.97 | 4.56 | 3.95 | 3.84 | 4.61 | 6.60 |
June 30, 2025 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $28,756,000K ÷ ($12,117,000K – $8,730,000K)
= 8.49
The working capital turnover ratio of Paramount Skydance Corporation Class B Common Stock exhibits notable fluctuations over the period analyzed. Beginning at 6.60 on September 30, 2020, the ratio experienced a steady downward trend through early 2021, reaching a low of 3.84 by March 31, 2021. This decline suggests a decreasing efficiency in utilizing working capital to generate sales during that period.
Subsequently, the ratio stabilized somewhat between 3.84 and 4.56 through mid-2021, indicating a period of relative consistency in operational efficiency. Moving into late 2021 and early 2022, there was a marked increase, with the ratio reaching 5.06 by March 31, 2022, and further climbing to 6.54 by June 30, 2022. This upward trend reflects improved operational efficiency or an increased capacity to generate revenue from working capital.
A significant surge is observed starting in late 2022, with the ratio escalating sharply to 9.39 on September 30, 2022, and continuing upward to reach a peak of 22.09 on March 31, 2023. This rapid increase indicates a substantial enhancement in how effectively working capital is being leveraged to generate sales, possibly driven by strategic operational improvements or changes in sales volume or credit policies.
Following this peak, the ratio declines somewhat but remains elevated compared to earlier periods, recorded at 16.73 on June 30, 2023, and then decreasing to 11.33 on September 30, 2023. The subsequent quarters show a gradual normalization, with the ratio standing at 9.73 on December 31, 2023, and stabilizing around the 10 to 11 range through March and June 2024.
Overall, the data indicates a pattern of initial decline in working capital efficiency during 2020 and early 2021, followed by a period of significant improvement in late 2022 and early 2023. The ratio's peak suggests a phase of enhanced operational performance or strategic shifts, while the subsequent stabilization reflects a return toward more normalized levels of working capital utilization. This trend underscores periods of operational evolution, influenced by potential strategic maneuvers, market conditions, or changes in working capital management practices.
Peer comparison
Jun 30, 2025