Warner Music Group (HAM:WA4) Days Inventory: 6.09 (As of Mar. 2026) — 41% Below Median


HAM:WA4 Warner Music Group Corp HAM:WA4
78 GF Score
Price €24.93
GF Value €30.95
! 2 Warning Signs
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What is Warner Music Group Days Inventory?

Warner Music Group HAM:WA4 +2.26% 78 Days Inventory is 6.09 as of Mar. 2026, which is 41% below its 10-year median of 10.36. GuruFocus rates HAM:WA4 with a GF Score™ of 78/100 and a GF Value™ of €30.95. The stock has 2 warning signs investors should review. Among 665 Media - Diversified companies, Warner Music Group ranks better than 74.59% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Warner Music Group's Average Total Inventories for the three months ended in Mar. 2026 was €54 Mil. Warner Music Group's Cost of Goods Sold for the three months ended in Mar. 2026 was €804 Mil. Hence, Warner Music Group's Days Inventory for the three months ended in Mar. 2026 was 6.09.

The historical rank and industry rank for Warner Music Group's Days Inventory or its related term are showing as below:

HAM:WA4' s Days Inventory Range Over the Past 10 Years
Min: 6.81   Med: 10.36   Max: 13.44
Current: 7.1

During the past 13 years, Warner Music Group's highest Days Inventory was 13.44. The lowest was 6.81. And the median was 10.36.

HAM:WA4's Days Inventory is ranked better than
74.59% of 665 companies
in the Media - Diversified industry
Industry Median: 28.7 vs HAM:WA4: 7.10

Warner Music Group's Days Inventory declined from Mar. 2025 (10.08) to Mar. 2026 (6.09).

Inventory Turnover measures how fast the company turns over its inventory within a year. Warner Music Group's Inventory Turnover for the three months ended in Mar. 2026 was 14.97.

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. Warner Music Group's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.04.


Warner Music Group  (HAM:WA4) 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.

Warner Music Group's Inventory Turnover for the three months ended in Mar. 2026 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.

Warner Music Group's Inventory to Revenue for the three months ended in Mar. 2026 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.


Warner Music Group Days Inventory Related Terms


Warner Music Group Days Inventory Historical Data

* Premium members only.

The historical data trend for Warner Music Group'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.

Warner Music Group Days Inventory Chart

Warner Music Group Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.84 11.34 13.93 12.51 8.38

Warner Music Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 10.08 9.74 7.27 5.63 6.09

HAM:WA4 vs NWSA, TKO, PSKY: Days Inventory Comparison

For the Entertainment subindustry, Warner Music Group'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.


Warner Music Group Days Inventory vs Media - Diversified Industry

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

* The bar in red indicates where Warner Music Group's Days Inventory falls into.


HAM:WA4
78GF Score
Warner Music Group Corp HAM:WA4
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Warner Music Group Days Inventory Calculation

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

Warner Music Group's Days Inventory for the fiscal year that ended in Sep. 2025 is calculated as

Days Inventory (A: Sep. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2024 ) + Total Inventories (A: Sep. 2025 )) / count ) / Cost of Goods Sold (A: Sep. 2025 )*Days in Period
=( (89.199 + 52.824) / 2 ) / 3094.464*365
=71.0115 / 3094.464*365
=8.38

Warner Music Group's Days Inventory for the quarter that ended in Mar. 2026 is calculated as:

Days Inventory (Q: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (51.24 + 56.225) / 2 ) / 804.45*365 / 4
=53.7325 / 804.45*365 / 4
=6.09

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 6.09 mean?
Warner Music Group (HAM:WA4) has a Days Inventory of 6.09 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Warner Music Group and its competitors. This is 41% below median its historical median of 10.36. Over the past decade, Warner Music Group's Days Inventory has ranged from 6.81 to 13.44. According to the industry distribution chart, Warner Music Group ranks #169 out of 665 companies in the Media - Diversified industry, placing it in the top 25.4%.
Is Warner Music Group's Days Inventory too high?
Warner Music Group's current Days Inventory of 6.09 is 41% below median its 10-year median of 10.36. Over the past 10 years, this metric has ranged from a low of 6.81 to a high of 13.44. The Media - Diversified industry median Days Inventory is 28.70. Warner Music Group's value of 6.09 is 78.8% below this industry median. Based on the distribution chart, Warner Music Group ranks #169 out of 665 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Warner Music Group has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Warner Music Group's Days Inventory compare to NWSA and TKO?
According to the Media - Diversified industry distribution chart, Warner Music Group ranks #169 out of 665 companies for Days Inventory. This puts Warner Music Group in the upper half of its industry. The industry median Days Inventory is 28.70. Warner Music Group's value of 6.09 is 78.8% below this benchmark. Historically, Warner Music Group's own Days Inventory has ranged from 6.81 to 13.44 over the past decade. While the company's 10-year median is 10.36 vs. the industry median of 28.70, Warner Music Group has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Media - Diversified company?
The median Days Inventory among Media - Diversified companies is 28.70, based on 665 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Warner Music Group's current Days Inventory of 6.09 is 78.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Warner Music Group and its competitors. For the Media - Diversified industry, the median Days Inventory is 28.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Warner Music Group's current Days Inventory is 6.09, which is 41% below median its own 10-year median of 10.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Warner Music Group stock overvalued right now?
Warner Music Group (HAM:WA4) has a current Days Inventory of 6.09. The stock's GF Value™ is €30.95, compared to a current price of €24.93 — trading 19.5% below its estimated fair value. The current Days Inventory is 6.09, which is 41% below median its 10-year median of 10.36 and 78.8% below the Media - Diversified industry median of 28.70. Warner Music Group's overall GF Score™ is 78/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Warner Music Group (HAM:WA4), the current Days Inventory is 6.09 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Warner Music Group (HAM:WA4) Overvalued in 2026?

Based on GuruFocus' analysis, Warner Music Group stock appears to be undervalued. The current stock price of €24.93 is trading 19.5% below its estimated GF Value™ of €30.95.

Key valuation signals for HAM:WA4:

  • Days Inventory: 6.09 (41% below median its 10-year median of 10.36)
  • GF Value™: €30.95 vs. price of €24.93 (19.5% below fair value)
  • GF Score™: 78/100 with 2 warning signs
  • Industry Position: 78.8% below the Media - Diversified median (#169 of 665)

No single metric tells the full story. See the HAM:WA4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Warner Music Group Business Description

Address 1633 Broadway, New York, NY, USA, 10019
Warner Music is the third-largest of the three major record companies. Recorded music accounts for most of the firm's revenue, with the segment housing notable record labels including Atlantic Records, Warner Records, Elektra Records. Some of the most successful current artists signed to record deals with Warner include Ed Sheeran, Bruno Mars, Cardi B, and Dua Lipa. Warner's remaining revenue comes from its publishing business, where Warner Chappell represents more than 180,000 songwriters and composers, some of whom are also Warner recording artists but many of whom are not recording artists or are attached to other labels. Warner Chappell controls more than 1 million musical compositions. Access Industries controls 98% of Warner's voting rights, while holding a 72% economic interest.
78GF Score

Get the complete analysis for HAM:WA4

Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€24.93
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GF Value