Liveramp Holdings Inc (RAMP)

Inventory turnover

		Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Cost of revenue	US$ in thousands	—	179,489	170,084	147,427	144,004
Inventory	US$ in thousands	—	2,604	0	0	8,900
Inventory turnover		—	68.93	—	—	16.18

March 31, 2025 calculation

Inventory turnover = Cost of revenue ÷ Inventory
= $—K ÷ $—K
= —

The inventory turnover ratio for Liveramp Holdings Inc exhibits significant fluctuations over the years. As of March 31, 2021, the inventory turnover stood at 16.18, indicating that the company was able to convert its inventory into sales 16.18 times during that period. However, there is missing data for the following years, March 31, 2022, and March 31, 2023.

The inventory turnover then notably increased to 68.93 as of March 31, 2024, suggesting a substantial improvement in the company's inventory management efficiency, with inventory being sold and replenished more frequently. This could indicate better demand forecasting, streamlined supply chain operations, or more effective inventory control measures being implemented.

Unfortunately, there is missing data for March 31, 2025, so we cannot further analyze the trend for that year. Overall, the significant fluctuations in inventory turnover ratios for Liveramp Holdings Inc signify variations in inventory management practices and the company's ability to optimize its inventory levels to meet demand and generate sales efficiently.