Liveramp Holdings Inc (RAMP)

Days of inventory on hand (DOH)

		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	Mar 31, 2020
Inventory turnover		—	—	—	68.93	7.23	—	10.73	—	—	13.11	11.71	—	5.99	7.27	6.77	16.18	11.69	9.73	6.00	10.31
DOH	days	—	—	—	5.30	50.52	—	34.02	—	—	27.84	31.16	—	60.91	50.19	53.90	22.56	31.23	37.51	60.80	35.41

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —

Liveramp Holdings Inc's days of inventory on hand (DOH) has varied over the years, indicating fluctuations in the company's inventory management efficiency.

- The DOH was 35.41 days on March 31, 2020, showing a reasonable level of inventory turnover.
- Subsequently, there was a significant increase in DOH to 60.80 days on June 30, 2020, suggesting a slowdown in inventory turnover, possibly due to increased inventory levels or slower sales.
- The DOH decreased to 31.23 days on December 31, 2020, indicating an improvement in inventory management efficiency.
- However, a substantial decrease to 22.56 days on March 31, 2021, suggests a more efficient inventory turnover, possibly due to better inventory control.
- The DOH increased again to 60.91 days on December 31, 2021, indicating a possible accumulation of excess inventory.
- There was a notable improvement to 5.30 days on March 31, 2024, indicating a significant enhancement in inventory turnover efficiency.

Overall, the company should aim to maintain a balance in managing its inventory levels to ensure optimal operations without tying up excessive working capital in inventory. Monitoring and optimizing the DOH metric can help Liveramp Holdings Inc improve its inventory management practices and enhance overall financial performance.