Dynatrace Holdings LLC (DT)
Receivables turnover
Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
---|---|---|---|---|---|---|
Revenue | US$ in thousands | 1,470,110 | 1,154,900 | 931,945 | 707,409 | 550,303 |
Receivables | US$ in thousands | 613,578 | 446,064 | 391,389 | 283,954 | 204,547 |
Receivables turnover | 2.40 | 2.59 | 2.38 | 2.49 | 2.69 |
March 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $1,470,110K ÷ $613,578K
= 2.40
The receivables turnover for Dynatrace Holdings LLC has displayed a decreasing trend from 2.69 in March 2020 to 2.40 in March 2024. This indicates that the company's efficiency in collecting outstanding receivables has diminished over the last five years. A lower receivables turnover may suggest possible issues with credit policies, collection efforts, or an increase in the average collection period. However, it is essential to consider industry norms and company-specific factors when interpreting this trend further. Further analysis and comparison with competitors may provide additional insights into the effectiveness of Dynatrace Holdings LLC in managing its accounts receivable.
Peer comparison
Mar 31, 2024