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.