Warner Music Group (WMG)
Inventory turnover
| Sep 30, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 3,632,000 | 3,452,000 | 3,369,000 | 3,369,000 | 3,355,000 | 3,346,000 | 3,366,000 | 3,296,000 | 3,177,000 | 3,131,000 | 3,047,000 | 3,023,000 | 3,080,000 | 3,033,000 | 2,948,000 | 2,874,000 | 2,742,000 | 2,596,000 | 2,442,000 | 2,354,000 |
| Inventory | US$ in thousands | 62,000 | 101,000 | 88,000 | 84,000 | 99,000 | 92,000 | 97,000 | 106,000 | 126,000 | 116,000 | 114,000 | 102,000 | 108,000 | 93,000 | 94,000 | 84,000 | 99,000 | 79,000 | 79,000 | 71,000 |
| Inventory turnover | 58.58 | 34.18 | 38.28 | 40.11 | 33.89 | 36.37 | 34.70 | 31.09 | 25.21 | 26.99 | 26.73 | 29.64 | 28.52 | 32.61 | 31.36 | 34.21 | 27.70 | 32.86 | 30.91 | 33.15 |
September 30, 2025 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $3,632,000K ÷ $62,000K
= 58.58
Peer comparison
Sep 30, 2025
Sep 30, 2025