Dynatrace Holdings LLC (DT)

Payables turnover

		Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020
Cost of revenue (ttm)	US$ in thousands	320,192	312,426	297,734	284,317	271,908	254,145	242,100	233,437	222,891	211,242	199,878	185,841	172,876	160,295	148,955	137,999	127,708	123,510	119,095	127,930
Payables	US$ in thousands	27,286	8,552	17,298	3,895	21,410	13,230	15,842	6,065	21,953	14,687	4,587	4,795	22,715	22,256	16,013	3,431	9,621	12,146	8,185	3,767
Payables turnover		11.73	36.53	17.21	73.00	12.70	19.21	15.28	38.49	10.15	14.38	43.57	38.76	7.61	7.20	9.30	40.22	13.27	10.17	14.55	33.96

March 31, 2025 calculation

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

The payables turnover ratio for Dynatrace Holdings LLC has shown fluctuations over the analyzed periods. The ratio indicates how efficiently the company is managing its accounts payable by comparing the amount of purchases made on credit to the average accounts payable during a specific period.

The ratio has ranged from a low of 7.20 to a high of 73.00 over the period. A higher payables turnover ratio suggests that the company is paying off its suppliers more quickly, which may indicate strong liquidity or effective cash management. Conversely, a lower ratio may imply that the company is taking longer to pay its suppliers, which could potentially strain supplier relationships or signal inefficiencies in working capital management.

It is important for stakeholders to monitor changes in the payables turnover ratio over time to assess the company's ability to effectively manage its accounts payable and maintain good relationships with its suppliers. Further analysis, in conjunction with other financial metrics, can provide a more comprehensive understanding of Dynatrace Holdings LLC's financial performance and operational efficiency.