Liveramp Holdings Inc (RAMP)

Days of sales outstanding (DSO)

		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
Receivables turnover		3.36	3.68	3.27	3.32	3.17	3.56	3.52	3.20	2.94	3.05	3.01	2.96	2.31	2.49	2.51	2.34	2.63	2.90	2.92	2.73
DSO	days	108.79	99.13	111.52	110.02	115.00	102.65	103.84	113.97	124.11	119.83	121.40	123.38	158.31	146.70	145.69	155.74	138.99	125.74	125.11	133.70

December 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 3.36
= 108.79

The Days Sales Outstanding (DSO) is a measure that indicates how efficiently a company is managing its accounts receivable. A lower DSO value signifies that the company is collecting its accounts receivable faster, which is generally seen as positive.

Based on the data provided for Liveramp Holdings Inc, we observe fluctuations in the DSO over the quarters. The DSO was 133.70 days as of March 31, 2020, indicating that on average, it took the company around 133 days to collect its outstanding sales.

There was a decreasing trend in the DSO over the subsequent quarters until March 31, 2023, where it reached its lowest value of 113.97 days. This improvement suggests that Liveramp Holdings Inc was becoming more efficient in collecting its receivables.

However, from March 31, 2023, there was an uptick in the DSO, with the value increasing to 110.02 days by December 31, 2024. This rise may indicate a potential delay in collecting receivables, which could impact the company's cash flow and liquidity position.

Overall, while there were periods of improvement in DSO, it is essential for Liveramp Holdings Inc to monitor and manage its accounts receivable effectively to ensure efficient cash flow management and sustainable financial performance.