Liveramp Holdings Inc (RAMP)

Fixed asset turnover

		Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	US$ in thousands	745,580	659,661	596,583	528,657	443,026
Property, plant and equipment	US$ in thousands	—	—	7,085	11,531	11,957
Fixed asset turnover		—	—	84.20	45.85	37.05

March 31, 2025 calculation

Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $745,580K ÷ $—K
= —

Liveramp Holdings Inc has shown a consistent improvement in its fixed asset turnover ratio over the past few years. The ratio increased from 37.05 in March 31, 2021, to 45.85 in March 31, 2022, demonstrating that the company was able to generate more revenue relative to its fixed assets during this period. However, the most significant improvement occurred in the following year, with the ratio jumping to 84.20 by March 31, 2023, indicating a substantial increase in efficiency in utilizing its fixed assets to generate sales.

It is important to note that there is missing data for the fixed asset turnover ratio for March 31, 2024, and March 31, 2025, denoted by "--" in the dataset. This missing information could be due to various reasons, such as changes in reporting practices or the unavailability of relevant data.

Overall, the trend of increasing fixed asset turnover ratios over the years suggests that Liveramp Holdings Inc has been effectively utilizing its fixed assets to drive revenue growth. This improvement reflects positively on the company's operational efficiency and asset management capabilities.