Liveramp Holdings Inc (RAMP)

Days of sales outstanding (DSO)

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019
Receivables turnover		3.32	3.17	3.56	3.52	3.20	2.94	3.05	3.01	2.96	2.31	2.49	2.51	2.46	2.63	2.90	2.92	2.90	3.37	3.19	3.40
DSO	days	110.02	115.00	102.65	103.84	113.97	124.11	119.83	121.40	123.38	158.31	146.70	145.69	148.28	138.99	125.74	125.11	125.76	108.37	114.52	107.28

March 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 3.32
= 110.02

The days of sales outstanding (DSO) for Liveramp Holdings Inc have shown fluctuations over the past few quarters. DSO represents the average number of days it takes for the company to collect revenue after making a sale. A lower DSO indicates faster collection of revenue, while a higher DSO suggests slower collections.

Analyzing the data provided, we can observe that DSO has ranged from a low of 102.65 days in September 2023 to a high of 158.31 days in March 2022. It is noteworthy that there is some variability in the DSO numbers from quarter to quarter, indicating potential changes in the company's credit policies, payment terms, or the efficiency of its account receivables management.

The latest DSO figure of 110.02 days as of March 31, 2024, is lower compared to the previous quarter (115.00 days as of December 31, 2023), which could suggest an improvement in the company's collection process. However, it is vital to assess trends over multiple periods to get a more accurate picture of the company's performance in managing its receivables effectively.

In conclusion, Liveramp Holdings Inc should continue to monitor its DSO metric closely and work towards maintaining a reasonable balance between collecting revenue promptly and maintaining healthy customer relationships.