Liveramp Holdings Inc (RAMP)

Inventory turnover

		Mar 31, 2025	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
Cost of revenue (ttm)	US$ in thousands	215,910	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
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
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

March 31, 2025 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $215,910K ÷ $—K
= —

The inventory turnover ratio for Liveramp Holdings Inc has shown fluctuations over the past few years. It increased steadily from June 2020 to March 2021, indicating that the company was effectively managing its inventory turnover and selling its inventory more frequently during this period.

However, from June 2021 to December 2021, there was a decline in the inventory turnover ratio, suggesting that the company may have been holding onto its inventory for longer periods or experiencing challenges in selling its inventory efficiently.

The ratio improved again in June 2022 and September 2022, reaching levels similar to those observed in 2021. This uptrend indicates that Liveramp Holdings Inc may have implemented strategies to enhance its inventory management processes and sales effectiveness.

The inventory turnover ratio dropped significantly in March 2024, surging to 68.93, which could be an anomaly or due to specific circumstances such as a decrease in sales or an increase in average inventory levels.

Overall, the inventory turnover ratio for Liveramp Holdings Inc has displayed variability in recent periods, suggesting the company's inventory management practices and sales performance have been inconsistent. It would be essential for the company to monitor and improve its inventory turnover to maintain stable and efficient operations.