Liveramp Holdings Inc (RAMP)

Days of inventory on hand (DOH)

		Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Inventory turnover		190.78	—	—	49.86	31.75
DOH	days	1.91	—	—	7.32	11.49

March 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 190.78
= 1.91

The days of inventory on hand (DOH) for Liveramp Holdings Inc has shown a fluctuating trend over the past five years. In particular:

- As of March 31, 2024, Liveramp Holdings Inc had 1.91 days of inventory on hand, indicating a very efficient management of inventory levels. This could suggest effective inventory control and optimization of production processes.

- The absence of data for March 31, 2023, and 2022 makes it difficult to provide a complete trend analysis. However, such gaps in information may indicate reporting inconsistencies or data availability issues.

- On March 31, 2021, the DOH was 7.32 days, showing an improvement from the previous year. This decrease may indicate enhanced inventory management practices or increased sales efficiency.

- In comparison, on March 31, 2020, the DOH was significantly higher at 11.49 days, suggesting a longer period of time that inventory is held before being sold. This could point towards challenges in inventory turnover or potential inefficiencies in the supply chain.

Overall, the decreasing trend in DOH from 11.49 days in 2020 to 1.91 days in 2024 reflects positive developments in Liveramp Holdings Inc's inventory management efficiency. Further context or additional financial indicators would be needed to provide a more comprehensive analysis of the company's overall inventory performance and operational effectiveness.