Liveramp Holdings Inc (RAMP)

Payables 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
Payables US$ in thousands 81,202 86,568 83,197 39,955
Payables turnover 2.21 1.96 1.77 3.60

March 31, 2025 calculation

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

The payables turnover ratio for Liveramp Holdings Inc has exhibited fluctuations over the past few years. In March 2021, the payables turnover was 3.60 times, indicating that the company was able to efficiently manage its accounts payable during that period. However, there was a significant decline in the ratio to 1.77 times by March 2022, suggesting a potential deterioration in the company's ability to pay off its suppliers in a timely manner.

Subsequently, there was a slight improvement in the payables turnover ratio to 1.96 times by March 2023, although it remained below the 2021 level. By March 2024, the ratio further increased to 2.21 times, indicating a better management of accounts payable compared to the previous year.

Notably, the data for March 31, 2025 is not available (indicated by the dash), making it challenging to analyze the most recent performance. Overall, it is essential for Liveramp Holdings Inc to monitor its payables turnover ratio closely to ensure efficient utilization of its working capital and maintain healthy relationships with its suppliers.