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.