Warner Bros Discovery Inc (WBD)
Activity ratios
Short-term
Turnover ratios
| 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 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | — | — | — | — | — | — | — | — | — | 97.68 | 75.23 | 11.06 | 6.92 | 5.68 | 7.12 | 5.93 | 3.98 | 5.01 | 8.21 | 7.32 |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Working capital turnover | — | — | — | — | — | — | — | — | — | — | 19.08 | 3.48 | 3.20 | 3.58 | 3.57 | 3.96 | 3.50 | 3.92 | 5.03 | 6.35 |
Warner Bros Discovery Inc's inventory turnover ratio has displayed fluctuating trends over the past few years. The ratio increased steadily from March 31, 2020, to June 30, 2021, indicating efficient management of inventory levels. However, there was a substantial spike in the inventory turnover from June 30, 2022, to December 31, 2022, and further to September 30, 2022, and December 31, 2022, indicating a significant improvement in inventory management efficiency during that period. The sudden increase to levels of 75.23 and 97.68 on June 30, 2022, and September 30, 2022, respectively, might suggest a more aggressive reduction in inventory levels or stronger sales.
On the other hand, information on receivables turnover and payables turnover is not available, making it challenging to assess the efficiency of the company in collecting receivables from customers and managing payables to suppliers.
Regarding the working capital turnover ratio, Warner Bros Discovery Inc has maintained a relatively stable trend from March 31, 2020, to June 30, 2022, with the ratio gradually increasing. This suggests that the company is efficiently utilizing its working capital to generate revenue during this period. However, data beyond June 30, 2022, is not available for further analysis.
In conclusion, while the inventory turnover and working capital turnover ratios provide some insights into Warner Bros Discovery Inc's efficiency in managing inventory and working capital, the lack of data for receivables turnover and payables turnover limits a comprehensive assessment of the company's overall operational efficiency.
Average number of days
| 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 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | — | — | — | — | — | — | — | — | — | 3.74 | 4.85 | 33.01 | 52.77 | 64.24 | 51.29 | 61.50 | 91.72 | 72.85 | 44.45 | 49.86 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Based on the provided data, Warner Bros Discovery Inc's Days of Inventory on Hand (DOH) fluctuated significantly over the reporting periods, ranging from a high of 91.72 days on December 31, 2020, to a low of 3.74 days on September 30, 2022. This indicates that the company has been managing its inventory levels more efficiently in recent quarters, reducing excess inventory and potentially improving cash flow.
Unfortunately, there is no data available for Days of Sales Outstanding (DSO) and Number of Days of Payables for any of the reporting periods. This limits our ability to assess the company's efficiency in collecting receivables and managing payables, which are crucial aspects of working capital management.
Overall, Warner Bros Discovery Inc's activity ratios suggest improvements in inventory management, but a lack of data on DSO and payables hinders a comprehensive analysis of the company's overall efficiency in managing its operating cycle.
See also:
Warner Bros Discovery Inc Short-term (Operating) Activity Ratios (Quarterly Data)
Long-term
| 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 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fixed asset turnover | — | — | — | — | — | 7.24 | 7.65 | 7.77 | 3.98 | 5.05 | 2.27 | 9.46 | 8.13 | 9.08 | 9.12 | 9.07 | 8.85 | — | — | — |
| Total asset turnover | 0.38 | 0.37 | 0.37 | 0.34 | 0.34 | 0.34 | 0.33 | 0.32 | 0.25 | 0.19 | 0.14 | 0.37 | 0.35 | 0.35 | 0.33 | 0.32 | 0.31 | 0.32 | 0.33 | 0.33 |
Warner Bros Discovery Inc's Fixed Asset Turnover ratio shows a fluctuating trend over the periods analyzed. The ratio increased from 8.85 in December 2020 to a peak of 9.46 in March 2022, indicating that the company generated $9.46 in revenue for every dollar invested in fixed assets. However, the ratio dropped significantly to 2.27 in June 2022, indicating a potential decline in efficiency in utilizing fixed assets. Subsequently, the ratio improved but remained volatile, reaching 7.24 in September 2023, and then decreased to 3.98 in December 2022.
In contrast, the Total Asset Turnover ratio remained relatively stable, starting at 0.33 in March 2020 and fluctuating around this level until March 2022. The ratio declined to 0.14 in June 2022, indicating a decrease in revenue generated for each dollar of total assets. However, it gradually recovered to 0.37 by December 2024, showing an improvement in asset utilization efficiency.
Overall, Warner Bros Discovery Inc's Fixed Asset Turnover ratio exhibited more significant fluctuations compared to the Total Asset Turnover ratio, suggesting varying levels of efficiency in utilizing fixed assets over the periods analyzed. Additional analysis and consideration of other relevant factors are needed to fully assess the company's long-term activity performance.
See also:
Warner Bros Discovery Inc Long-term (Investment) Activity Ratios (Quarterly Data)