Dynatrace Holdings LLC (DT)
Working capital 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (ttm) | US$ in thousands | 1,698,683 | 1,634,366 | 1,563,293 | 1,496,864 | 1,430,530 | 1,364,157 | 1,296,517 | 1,224,143 | 1,158,530 | 1,096,640 | 1,039,950 | 986,978 | 929,445 | 873,364 | 815,509 | 757,741 | 703,509 | 657,582 | 617,969 | 578,761 |
Total current assets | US$ in thousands | 1,931,460 | 1,575,230 | 1,483,580 | 1,424,440 | 1,506,360 | 1,286,660 | 1,101,590 | 1,074,430 | 1,118,180 | 830,897 | 851,278 | 859,802 | 948,422 | 812,320 | 652,710 | 638,046 | 680,282 | 574,504 | 461,139 | 441,936 |
Total current liabilities | US$ in thousands | 1,381,290 | 1,048,570 | 1,047,900 | 1,051,230 | 1,258,550 | 958,588 | 856,366 | 899,953 | 1,037,040 | 831,017 | 708,913 | 749,380 | 865,599 | 713,155 | 594,093 | 598,872 | 647,911 | 550,303 | 451,535 | 441,189 |
Working capital turnover | 3.09 | 3.10 | 3.59 | 4.01 | 5.77 | 4.16 | 5.29 | 7.02 | 14.28 | — | 7.30 | 8.94 | 11.22 | 8.81 | 13.91 | 19.34 | 21.73 | 27.17 | 64.34 | 774.78 |
March 31, 2025 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $1,698,683K ÷ ($1,931,460K – $1,381,290K)
= 3.09
Based on the provided data, Dynatrace Holdings LLC's working capital turnover has exhibited a declining trend over the reporting periods, starting at 774.78 on June 30, 2020, and decreasing to 3.09 on March 31, 2025. This trend suggests that the efficiency with which the company is utilizing its working capital to generate sales has been decreasing over time.
A high working capital turnover ratio indicates that the company is efficiently using its working capital to support its sales activities. In contrast, a decreasing ratio may signal inefficiencies in managing working capital or challenges in generating sales with the available working capital.
It is essential for Dynatrace Holdings LLC to closely monitor its working capital turnover ratio and the underlying factors contributing to the trend to ensure optimal utilization of resources and maintain financial health. Additional analysis and proactive management strategies may be necessary to address any inefficiencies revealed by the decreasing trend in the working capital turnover ratio.
Peer comparison
Mar 31, 2025