Dynatrace Holdings LLC (DT)

Payables turnover

Mar 31, 2025 Mar 31, 2024 Mar 31, 2023 Mar 31, 2022 Mar 31, 2021
Cost of revenue US$ in thousands 320,192 266,453 222,891 172,876 127,708
Payables US$ in thousands 27,286 21,410 21,953 22,715 9,621
Payables turnover 11.73 12.45 10.15 7.61 13.27

March 31, 2025 calculation

Payables turnover = Cost of revenue ÷ Payables
= $320,192K ÷ $27,286K
= 11.73

The payables turnover ratio for Dynatrace Holdings LLC has fluctuated over the last few years. In March 2021, the ratio was 13.27, indicating that the company paid its suppliers approximately 13.27 times during that year. However, by March 2022, the ratio had decreased to 7.61, suggesting a slower rate of paying off payables compared to the previous year.

In March 2023, the payables turnover ratio improved to 10.15, showing a more efficient management of payables. By March 2024, the ratio further increased to 12.45, indicating that the company was paying off its payables at a faster rate compared to the previous year.

It is important to note that there is missing data for March 31, 2025. Due to this missing data point, it is challenging to provide a complete trend analysis for that year. Overall, the varying payables turnover ratios suggest fluctuations in the company's ability to manage its accounts payable efficiently over the years, which may indicate changes in vendor relationships, payment terms, or cash flow management strategies.