Paramount Inventory Turnover from 2010 to 2024

PARAA Stock  USD 22.14  0.19  0.87%   
Paramount Global's Inventory Turnover is increasing over the years with slightly volatile fluctuation. Overall, Inventory Turnover is expected to go to 16.62 this year. Inventory Turnover is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. View All Fundamentals
 
Inventory Turnover  
First Reported
2010-12-31
Previous Quarter
15.8330976
Current Value
16.62
Quarterly Volatility
3.95941066
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Paramount Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Paramount Global's main balance sheet or income statement drivers, such as Depreciation And Amortization of 397.1 M, Total Revenue of 17.1 B or Gross Profit of 6.5 B, as well as many indicators such as Price To Sales Ratio of 0.3, Dividend Yield of 0.05 or PTB Ratio of 0.4. Paramount financial statements analysis is a perfect complement when working with Paramount Global Valuation or Volatility modules.
  
Check out the analysis of Paramount Global Correlation against competitors.

Latest Paramount Global's Inventory Turnover Growth Pattern

Below is the plot of the Inventory Turnover of Paramount Global Class over the last few years. It is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. Paramount Global's Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Paramount Global's overall financial position and show how it may be relating to other accounts over time.
Inventory Turnover10 Years Trend
Slightly volatile
   Inventory Turnover   
       Timeline  

Paramount Inventory Turnover Regression Statistics

Arithmetic Mean9.81
Geometric Mean9.04
Coefficient Of Variation40.36
Mean Deviation3.28
Median9.27
Standard Deviation3.96
Sample Variance15.68
Range12.037
R-Value0.38
Mean Square Error14.47
R-Squared0.14
Significance0.16
Slope0.33
Total Sum of Squares219.48

Paramount Inventory Turnover History

2024 16.62
2023 15.83
2022 14.79
2021 11.8
2020 8.53
2019 5.99
2018 4.58

About Paramount Global Financial Statements

Paramount Global stakeholders use historical fundamental indicators, such as Paramount Global's Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Paramount Global investors may analyze each financial statement separately, they are all interrelated. For example, changes in Paramount Global's assets and liabilities are reflected in the revenues and expenses on Paramount Global's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Paramount Global Class. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 15.83  16.62 

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Additional Information and Resources on Investing in Paramount Stock

When determining whether Paramount Global Class offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Paramount Global's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Paramount Global Class Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Paramount Global Class Stock:
Check out the analysis of Paramount Global Correlation against competitors.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Is Movies & Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Paramount Global. If investors know Paramount will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Paramount Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
79.876
Dividend Share
0.2
Earnings Share
(8.74)
Revenue Per Share
44.583
Quarterly Revenue Growth
(0.10)
The market value of Paramount Global Class is measured differently than its book value, which is the value of Paramount that is recorded on the company's balance sheet. Investors also form their own opinion of Paramount Global's value that differs from its market value or its book value, called intrinsic value, which is Paramount Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Paramount Global's market value can be influenced by many factors that don't directly affect Paramount Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Paramount Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Paramount Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Paramount Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.