Warner Music Group (HAM:WA4) Inventory Turnover: 14.97 (As of Mar. 2026)


HAM:WA4 Warner Music Group Corp HAM:WA4
78 GF Score
Price €24.80
GF Value €30.63
! 2 Warning Signs
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What is Warner Music Group Inventory Turnover?

Warner Music Group HAM:WA4 +4.03% 78 Inventory Turnover is 14.97 as of Mar. 2026. GuruFocus rates HAM:WA4 with a GF Score™ of 78/100 and a GF Value™ of €30.63. The stock has 2 warning signs investors should review.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Warner Music Group's Cost of Goods Sold for the three months ended in Mar. 2026 was €804 Mil. Warner Music Group's Average Total Inventories for the quarter that ended in Mar. 2026 was €54 Mil. Warner Music Group's Inventory Turnover for the quarter that ended in Mar. 2026 was 14.97.

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 three months ended in Mar. 2026 was 6.09.

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 quarter that ended in Mar. 2026 was 0.04.

Warner Music Group  (HAM:WA4) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. 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 three months ended in Mar. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=53.7325/804.45*365 / 4
=6.09

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 quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=53.7325 / 1498.18
=0.04

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Warner Music Group Inventory Turnover Related Terms

Warner Music Group Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Warner Music Group's Inventory Turnover 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 Inventory Turnover Chart

Warner Music Group Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.83 32.20 26.21 29.17 43.58

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
Inventory Turnover 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 9.05 9.37 12.55 16.20 14.97
HAM:WA4
78GF Score
Warner Music Group Corp HAM:WA4
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Warner Music Group Inventory Turnover Calculation

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

Inventory Turnover (A: Sep. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Sep. 2025 ) / ((Total Inventories (A: Sep. 2024 ) + Total Inventories (A: Sep. 2025 )) / count )
=3094.464 / ((89.199 + 52.824) / 2 )
=3094.464 / 71.0115
=43.58

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

Inventory Turnover (Q: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2026 ) / ((Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=804.45 / ((51.24 + 56.225) / 2 )
=804.45 / 53.7325
=14.97

* 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 Inventory Turnover →
What does a Inventory Turnover of 14.97 mean?
Warner Music Group (HAM:WA4) has a Inventory Turnover of 14.97 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Warner Music Group and its competitors.
Is Warner Music Group's Inventory Turnover too high?
Warner Music Group's current Inventory Turnover is 14.97. 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 Inventory Turnover compare to NWSA and TKO?
Warner Music Group's Inventory Turnover of 14.97 can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Media - Diversified company?
A good Inventory Turnover depends on the Media - Diversified industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Warner Music Group and its competitors. Warner Music Group's current Inventory Turnover is 14.97. 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 Inventory Turnover of 14.97. The stock's GF Value™ is €30.63, compared to a current price of €24.80 — trading 19% below its estimated fair value. The current Inventory Turnover is 14.97. 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 Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Warner Music Group (HAM:WA4), the current Inventory Turnover is 14.97 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 €24.80 is trading 19% below its estimated GF Value™ of €30.63.

Key valuation signals for HAM:WA4:

  • Inventory Turnover: 14.97
  • GF Value™: €30.63 vs. price of €24.80 (19% below fair value)
  • GF Score™: 78/100 with 2 warning signs

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

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

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