Liveramp Holdings Inc (RAMP)
Number of days of payables
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Payables turnover | 1.95 | 2.14 | 2.19 | 2.21 | 1.97 | 2.19 | 2.36 | 1.96 | 1.98 | 2.29 | 2.31 | 1.77 | 2.03 | 3.25 | 4.46 | 3.60 | 3.22 | 3.78 | 3.93 | 3.62 | |
Number of days of payables | days | 186.90 | 170.63 | 166.69 | 165.13 | 184.95 | 166.83 | 154.78 | 185.77 | 184.46 | 159.05 | 158.21 | 205.98 | 179.74 | 112.18 | 81.78 | 101.27 | 113.26 | 96.46 | 92.93 | 100.88 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 1.95
= 186.90
Liveramp Holdings Inc's number of days of payables has shown fluctuations over the past few years.
From March 31, 2020, to March 31, 2021, the number of days of payables remained relatively stable around the 100-day mark. However, there was a significant decrease in the number of days of payables to 81.78 days by June 30, 2021.
Subsequently, the number of days of payables saw a substantial increase, reaching 205.98 days by March 31, 2022. This could indicate a potential strain on the company's cash flow or possible changes in payment terms with suppliers.
Over the next few quarters, the number of days of payables fluctuated within a range between 150 to 190 days, with some slight variations. This suggests that Liveramp Holdings Inc may be managing its payables in a way to optimize cash flow and working capital efficiency.
As of December 31, 2024, the number of days of payables stood at 186.90 days, indicating the company takes approximately 6 months to pay off its suppliers on average. This metric can provide insights into Liveramp Holdings Inc's liquidity management and relationships with suppliers.
Peer comparison
Dec 31, 2024