Liveramp Holdings Inc (RAMP)

Inventory turnover

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
Cost of revenue (ttm) US$ in thousands 205,703 195,639 185,617 179,489 175,239 173,592 174,684 170,084 166,088 161,358 154,133 147,427 145,508 144,036 143,854 144,004 143,299 144,180 150,743 152,704
Inventory US$ in thousands — — — 2,604 24,254 — 16,283 0 0 12,308 13,160 0 24,283 19,807 21,245 8,900 12,260 14,815 25,109 14,815
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

December 31, 2024 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $205,703K ÷ $—K
= —

The inventory turnover ratio is a measure of how efficiently a company manages its inventory by calculating how many times the company's inventory is sold and replaced over a period.

Based on the data provided for Liveramp Holdings Inc, we observe fluctuations in the inventory turnover ratio over multiple quarters. The inventory turnover ratio has varied from a low of 5.99 in December 31, 2021, to a high of 68.93 in March 31, 2024.

A higher inventory turnover ratio indicates that the company is selling its inventory more frequently, which can be a positive sign of efficiency. Conversely, a lower ratio may suggest excessive inventory levels or difficulties in selling products.

It is important to note that a very high or very low inventory turnover ratio may not always be favorable and would need to be analyzed in conjunction with other financial metrics to provide a comprehensive understanding of Liveramp Holdings Inc's operational performance and inventory management.