DoubleVerify Holdings Inc (DV)
Activity ratios
Short-term
Turnover ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Working capital turnover | 1.44 | 1.30 | 1.28 | 1.24 | 1.27 | 1.35 | 1.18 | 1.19 | 1.20 | 1.22 | 1.17 | 1.11 | 1.07 | 0.79 | 0.72 | 2.21 | 2.26 | 2.96 | — |
DoubleVerify Holdings Inc's activity ratios show the company's efficiency in managing its operations:
1. Inventory Turnover: The data provided does not include information on the inventory turnover ratio for the company throughout the periods specified. This ratio helps in assessing how quickly inventory is sold or used up during a specific period.
2. Receivables Turnover: Similar to the inventory turnover ratio, the data lacks details on the receivables turnover ratio for DoubleVerify Holdings Inc over the given periods. This ratio reflects how efficiently the company collects payments from its customers.
3. Payables Turnover: The information does not include the payables turnover ratio, which indicates how efficiently a company pays its suppliers during a given period.
4. Working Capital Turnover: The working capital turnover ratio measures how effectively a company utilizes its working capital to generate revenue. From the available data, we observe that the ratio fluctuated over the periods shown, with a peak of 2.96 on September 30, 2020, and varying between 1.11 to 1.44 from March 31, 2022, to December 31, 2024. This suggests changes in how efficiently DoubleVerify Holdings Inc utilized its working capital to generate revenue over time.
In conclusion, while the information provided offers insights into DoubleVerify Holdings Inc's working capital turnover efficiency, a comprehensive analysis of all activity ratios, including inventory turnover, receivables turnover, and payables turnover, would provide a more complete picture of the company's operational performance and financial management.
Average number of days
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Days of sales outstanding (DSO) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Based on the provided data, unfortunately, the specific values for the Days of Inventory on Hand (DOH), Days of Sales Outstanding (DSO), and Number of Days of Payables for DoubleVerify Holdings Inc are not available for analysis from June 30, 2020, to December 31, 2024.
Without the actual figures for these activity ratios, it is challenging to provide a detailed assessment of DoubleVerify's efficiency in managing inventory, collecting receivables, and paying off its liabilities. These ratios are crucial for evaluating the company's operational performance and financial health.
For a more comprehensive analysis of the company's efficiency and liquidity, it would be necessary to have access to the specific values of DOH, DSO, and Number of Days of Payables across the indicated dates.
Long-term
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fixed asset turnover | — | — | — | — | — | 4.55 | 4.28 | 9.79 | 9.62 | 9.98 | 15.83 | 18.90 | 18.93 | 18.32 | 16.15 | 13.74 | 13.47 | 12.71 | — |
| Total asset turnover | 0.51 | 0.49 | 0.48 | 0.47 | 0.46 | 0.45 | 0.46 | 0.45 | 0.44 | 0.42 | 0.40 | 0.37 | 0.37 | 0.38 | 0.36 | 0.51 | 0.48 | 0.47 | — |
The fixed asset turnover ratio for DoubleVerify Holdings Inc has shown a decreasing trend over the long-term, starting at a high of 18.93 in December 2021 and declining to 4.55 in September 2023. This ratio measures the efficiency of the company in generating sales from its investment in fixed assets. The decreasing trend indicates that the company may be facing challenges in utilizing its fixed assets effectively to generate revenue.
On the other hand, the total asset turnover ratio of the company shows a fluctuating pattern over the same period, ranging from 0.36 in June 2021 to 0.51 in December 2024. This ratio indicates how efficiently the company is utilizing all its assets to generate revenue. The fluctuating pattern suggests varying levels of productivity in generating sales from the total assets of the company.
Overall, the analysis of long-term activity ratios for DoubleVerify Holdings Inc indicates a need for the company to focus on improving the efficiency of its asset utilization, particularly its fixed assets, to enhance its revenue generation capabilities and overall financial performance.