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Paramount Global (STU:0VV) Days Inventory : 17.06 (As of Mar. 2024)


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What is Paramount Global Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Paramount Global's Average Total Inventories for the three months ended in Mar. 2024 was €1,059 Mil. Paramount Global's Cost of Goods Sold for the three months ended in Mar. 2024 was €5,662 Mil. Hence, Paramount Global's Days Inventory for the three months ended in Mar. 2024 was 17.06.

The historical rank and industry rank for Paramount Global's Days Inventory or its related term are showing as below:

STU:0VV' s Days Inventory Range Over the Past 10 Years
Min: 22.26   Med: 45.39   Max: 61.87
Current: 22.26

During the past 13 years, Paramount Global's highest Days Inventory was 61.87. The lowest was 22.26. And the median was 45.39.

STU:0VV's Days Inventory is ranked better than
52.89% of 658 companies
in the Media - Diversified industry
Industry Median: 25.78 vs STU:0VV: 22.26

Paramount Global's Days Inventory increased from Mar. 2023 (16.78) to Mar. 2024 (17.06). It might indicate that Paramount Global's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Paramount Global's Inventory Turnover for the three months ended in Mar. 2024 was 5.35.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Paramount Global's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.15.


Paramount Global Days Inventory Historical Data

The historical data trend for Paramount Global's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Paramount Global Days Inventory Chart

Paramount Global Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.42 58.88 32.25 25.31 22.79

Paramount Global Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.78 20.26 31.81 28.43 17.06

Competitive Comparison of Paramount Global's Days Inventory

For the Entertainment subindustry, Paramount Global's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Paramount Global's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Paramount Global's Days Inventory distribution charts can be found below:

* The bar in red indicates where Paramount Global's Days Inventory falls into.



Paramount Global Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Paramount Global's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (1266.848 + 1296.638) / 2 ) / 20529.796*365
=1281.743 / 20529.796*365
=22.79

Paramount Global's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (1296.638 + 820.64) / 2 ) / 5661.68*365 / 4
=1058.639 / 5661.68*365 / 4
=17.06

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Paramount Global  (STU:0VV) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Paramount Global's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Paramount Global's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Paramount Global Days Inventory Related Terms

Thank you for viewing the detailed overview of Paramount Global's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Paramount Global (STU:0VV) Business Description

Address
1515 Broadway, New York, NY, USA, 10036
Paramount Global is the rebranded recombination of CBS and Viacom that has created a media conglomerate with global scale. CBS contributed Showtime in addition to its television assets--the CBS television network, 28 local TV stations, and 50% of CW, a joint venture between CBS and WarnerMedia. Viacom brought several leading cable network properties, including Nickelodeon, MTV, BET, Comedy Central, VH1, CMT, and Paramount. Paramount Pictures produces original motion pictures and owns a library of 2,500 films, including the Mission: Impossible and Transformers series. Paramount operates a number of streaming services, most notably Paramount+ and Pluto TV.

Paramount Global (STU:0VV) Headlines

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