DoubleVerify Holdings Inc (DV)
Activity ratios
Short-term
Turnover ratios
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Inventory turnover | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
| Working capital turnover | 1.44 | 1.27 | 1.20 | 1.07 | 2.26 |
The analysis of DoubleVerify Holdings Inc's activity ratios reveals the following insights:
1. Inventory Turnover: The company did not provide inventory turnover data for the years 2020 to 2024. Inventory turnover ratio indicates how many times a company's inventory is sold and replaced over a period. Without this data, it is difficult to assess the efficiency of managing inventory.
2. Receivables Turnover: The company did not disclose receivables turnover data for the years 2020 to 2024. Receivables turnover ratio shows how efficiently a company is collecting on its credit sales. Without this information, it is challenging to evaluate the effectiveness of the company's credit management.
3. Payables Turnover: There is no information available on payables turnover for the years 2020 to 2024. Payables turnover ratio helps in assessing how quickly a company pays its suppliers. The absence of this data makes it challenging to gauge the company's payment practices.
4. Working Capital Turnover: The working capital turnover for DoubleVerify Holdings Inc shows a decreasing trend from 2.26 in 2020 to 1.44 in 2024. This ratio measures how efficiently a company utilizes its working capital to generate sales. The decreasing trend may indicate that the company's ability to generate revenue from its working capital has declined over the years.
Overall, the absence of inventory turnover, receivables turnover, and payables turnover ratios limits the complete assessment of DoubleVerify Holdings Inc's operational efficiency and liquidity management. However, the trend in working capital turnover suggests a decrease in the company's efficiency in utilizing working capital to generate sales over the years.
Average number of days
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | — | — | — | — | — |
| Days of sales outstanding (DSO) | days | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — |
The provided data for DoubleVerify Holdings Inc does not include specific values for the days of inventory on hand (DOH), days of sales outstanding (DSO), and number of days of payables for the years ending December 31, 2020 to December 31, 2024. As a result, a detailed analysis of the activity ratios cannot be conducted without the actual numerical values for these ratios. These activity ratios are crucial in assessing the efficiency of the company in managing its inventory, collecting receivables, and paying its payables.
To evaluate the company's operational efficiency effectively, it would be necessary to have the actual numerical data for the DOH, DSO, and number of days of payables for the respective years. These ratios indicate how quickly the company is selling inventory, collecting payments from customers, and managing its payables, which are essential for understanding the company's liquidity position and overall operational performance. Without this key information, a comprehensive analysis of DoubleVerify Holdings Inc's activity ratios cannot be provided.
Long-term
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Fixed asset turnover | — | — | 9.62 | 18.93 | 13.47 |
| Total asset turnover | 0.51 | 0.46 | 0.44 | 0.37 | 0.48 |
The Fixed Asset Turnover ratio measures the efficiency of a company in generating sales from its investments in fixed assets. DoubleVerify Holdings Inc showed a significant increase in Fixed Asset Turnover from 13.47 in 2020 to 18.93 in 2021, indicating that the company was able to generate more revenue per dollar invested in fixed assets during that period. However, the ratio decreased to 9.62 in 2022, suggesting a decline in the efficiency of utilizing fixed assets to generate sales.
On the other hand, the Total Asset Turnover ratio measures how effectively a company is able to generate sales from its total assets. DoubleVerify Holdings Inc experienced a decrease in Total Asset Turnover from 0.48 in 2020 to 0.37 in 2021, indicating a decline in the company's ability to generate revenue relative to its total asset base during that period. However, the ratio improved to 0.44 in 2022 and further increased to 0.51 in 2024, showing a positive trend in generating sales from total assets over the years.
Overall, while the Fixed Asset Turnover ratio exhibited some fluctuations, the Total Asset Turnover ratio showed a positive trend in the ability of DoubleVerify Holdings Inc to generate sales from both fixed and total assets, indicating improvements in asset utilization efficiency over the analyzed period.