Liveramp Holdings Inc (RAMP)

Activity ratios

Short-term

Turnover ratios

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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019
Inventory turnover 191.70 15.67 — 24.89 — — 40.02 35.19 — 18.28 22.02 20.78 49.11 35.18 29.87 18.06 31.02 17.05 14.14 52.55
Receivables turnover 3.32 3.17 3.56 3.52 3.20 2.94 3.05 3.01 2.96 2.31 2.49 2.51 2.46 2.63 2.90 2.92 2.90 3.37 3.19 3.40
Payables turnover 6.15 4.28 4.97 5.47 4.72 6.11 7.01 6.93 5.35 5.52 8.23 10.78 8.95 9.70 8.36 8.52 8.06 9.50 9.77 14.24
Working capital turnover 1.71 1.13 1.15 1.14 1.11 1.13 1.03 0.95 0.84 0.79 0.76 0.72 0.67 0.61 0.60 0.57 0.52 0.45 0.40 0.30

Liveramp Holdings Inc's inventory turnover has shown significant fluctuations over the past few quarters, ranging from a low of 14.14 to a high of 191.70. This indicates that the company's ability to manage and sell its inventory efficiently has varied widely during this period.

The receivables turnover ratio has been relatively stable, fluctuating between 2.31 and 3.56. This suggests that Liveramp is able to collect its accounts receivable at a consistent rate, with little variation in this aspect of its operational efficiency.

Meanwhile, the payables turnover ratio has also shown some fluctuations, varying from 4.28 to 14.24. This indicates changes in the company's payment practices and its ability to manage its accounts payable effectively over the periods covered.

Liveramp's working capital turnover has generally been on a decreasing trend, ranging from 0.30 to 1.71. This suggests that the company is generating less revenue relative to its working capital, which may indicate inefficiencies in its working capital management.

Overall, Liveramp Holdings Inc's activity ratios demonstrate mixed performance in terms of inventory management, receivables collection, payables management, and working capital efficiency over the periods analyzed. The company may benefit from focusing on improving its working capital turnover and stabilizing its inventory turnover for greater operational efficiency.

Average number of days

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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019
Days of inventory on hand (DOH) days 1.90 23.30 — 14.67 — — 9.12 10.37 — 19.97 16.57 17.56 7.43 10.37 12.22 20.21 11.77 21.41 25.81 6.95
Days of sales outstanding (DSO) days 110.02 115.00 102.65 103.84 113.97 124.11 119.83 121.40 123.38 158.31 146.70 145.69 148.28 138.99 125.74 125.11 125.76 108.37 114.52 107.28
Number of days of payables days 59.37 85.29 73.39 66.72 77.29 59.72 52.10 52.66 68.21 66.12 44.35 33.86 40.80 37.63 43.65 42.82 45.28 38.41 37.38 25.64

Days of Inventory on Hand (DOH) for Liveramp Holdings Inc has shown significant fluctuations over the past quarters. The ratio ranged from as low as 1.90 days to as high as 25.81 days, indicating inconsistent management of inventory levels. The company faced challenges in efficiently managing its inventory to meet demand while avoiding excess stock.

Days of Sales Outstanding (DSO) has also varied notably, ranging from 102.65 days to 158.31 days. This suggests that Liveramp Holdings Inc experienced fluctuations in the time taken to collect payments from customers, impacting its cash flow cycle. Higher DSO values indicate potential issues with credit policies or collection processes.

The Number of Days of Payables ranged from 33.86 days to 85.29 days, indicating changes in the time taken by Liveramp Holdings Inc to pay its suppliers. Lower values suggest a more aggressive approach to managing payables, which may risk supplier relationships, while higher values could indicate delaying payments to improve cash flow.

Overall, the activity ratios reflect fluctuations in how efficiently Liveramp Holdings Inc manages its inventory, collects receivables, and pays its suppliers. Consistent monitoring and improvement of these ratios are essential for optimizing working capital management and ensuring operational efficiency.

Long-term

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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019
Fixed asset turnover 80.63 77.60 111.44 100.48 84.20 66.94 51.78 42.31 45.85 47.81 47.12 43.55 37.05 31.77 27.07 23.23 19.69 17.32 15.64 12.42
Total asset turnover 0.54 0.52 0.53 0.52 0.51 0.51 0.48 0.45 0.40 0.38 0.38 0.37 0.34 0.34 0.33 0.32 0.29 0.26 0.24 0.21

Liveramp Holdings Inc has shown a consistently high fixed asset turnover ratio over the past few quarters, indicating that the company is generating significant revenue relative to its investment in fixed assets. This suggests efficient utilization of its long-term assets to drive sales.

On the other hand, the total asset turnover ratio has remained relatively stable but at a lower level compared to the fixed asset turnover ratio. This implies that Liveramp Holdings Inc may have a significant portion of assets, such as current assets, that are not directly contributing to revenue generation as effectively as its fixed assets.

Overall, the company's long-term activity ratios reflect a strong efficiency in generating revenue from its fixed assets, but there may be opportunities to improve the utilization of its total assets to enhance overall performance and profitability.