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.
Peer comparison
Mar 31, 2025