Liveramp Holdings Inc (RAMP)

Activity ratios

Short-term

Turnover ratios

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
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
Receivables turnover 4.00 3.36 3.68 3.27 3.32 3.17 3.56 3.52 3.20 2.94 3.05 3.01 2.96 2.31 2.49 2.51 2.34 2.63 2.90 2.92
Payables turnover 1.92 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
Working capital turnover 1.82 1.77 1.85 1.72 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

Analysis of Liveramp Holdings Inc Activity Ratios:

1. Inventory Turnover:
- The Inventory Turnover ratio indicates how efficiently Liveramp Holdings Inc manages its inventory. The trend shows fluctuations with figures ranging from 5.99 to 16.18 over the past few years, indicating varying levels of inventory movement.
- A higher inventory turnover ratio is generally preferable as it suggests that the company is selling goods quickly. The company saw a peak in turnover in March 2021 followed by fluctuations in subsequent periods.

2. Receivables Turnover:
- The Receivables Turnover ratio reflects how quickly Liveramp Holdings Inc collects cash from its credit sales. The trend shows a gradual increase over the years, indicating improved efficiency in collecting receivables.
- A higher receivables turnover ratio implies that the company is efficient in collecting payments from customers. Liveramp's ratio has shown a positive trend over the years, indicating strong credit control.

3. Payables Turnover:
- The Payables Turnover ratio reflects how efficiently Liveramp Holdings Inc pays its suppliers. The trend shows fluctuations, suggesting varying payment patterns over the years.
- A higher payables turnover ratio indicates that the company is paying off its suppliers quickly. The ratio has fluctuated over the years, possibly reflecting changing payment terms or supplier relationships.

4. Working Capital Turnover:
- The Working Capital Turnover ratio evaluates how effectively Liveramp Holdings Inc utilizes its working capital to generate sales. The trend shows a generally increasing pattern over the years, indicating improved efficiency in generating sales relative to working capital.
- A higher working capital turnover ratio signifies efficient utilization of working capital to generate revenue. Liveramp's ratio has shown a positive trend, suggesting enhanced operational efficiency and revenue generation relative to working capital.

Overall, Liveramp Holdings Inc's activity ratios reflect varying efficiencies in managing inventory, collecting receivables, paying suppliers, and utilizing working capital over the years. The company has demonstrated improvements in some areas, such as receivables turnover and working capital turnover, while facing fluctuations in others, such as inventory turnover and payables turnover.

Average number of days

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
Days of inventory on hand (DOH) days — — — — 5.30 50.52 — 34.02 — — 27.84 31.16 — 60.91 50.19 53.90 22.56 31.23 37.51 60.80
Days of sales outstanding (DSO) days 91.14 108.79 99.13 111.52 110.02 115.00 102.65 103.84 113.97 124.11 119.83 121.40 123.38 158.31 146.70 145.69 155.74 138.99 125.74 125.11
Number of days of payables days 189.80 186.90 170.63 166.69 165.13 184.95 166.83 154.78 185.77 184.46 159.05 158.21 205.98 179.74 112.18 81.78 101.27 113.26 96.46 92.93

Liveramp Holdings Inc's days of inventory on hand (DOH) has fluctuated over the years, indicating changes in the efficiency of managing inventory. The company experienced a decrease in DOH from June 2020 to March 2024, suggesting a more efficient inventory turnover process. However, the DOH increased significantly in June 2024.

In terms of days of sales outstanding (DSO), Liveramp Holdings Inc has shown some volatility. The DSO peaked in March 2021 and then gradually decreased until March 2025, indicating a more efficient collection of accounts receivable over time.

The number of days of payables for Liveramp Holdings Inc has also fluctuated, with periods of increase and decrease. The trend shows that the company has been taking longer to pay its suppliers from June 2020 to March 2025, which may have implications for liquidity and supplier relationships.

Overall, analyzing Liveramp Holdings Inc's activity ratios suggests improvements in inventory management and accounts receivable collection efficiency, but a trend of longer payment cycles to suppliers. It is essential for the company to monitor and manage these ratios effectively to optimize working capital and maintain healthy relationships with suppliers and customers.

Long-term

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
Fixed asset turnover — — — — — — 19.08 100.48 84.20 66.94 51.78 42.31 45.85 47.81 47.12 43.55 37.05 31.77 27.07 23.23
Total asset turnover 0.59 0.58 0.63 0.57 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

Liveramp Holdings Inc's Fixed Asset Turnover ratio has shown a general increasing trend from June 30, 2020, to September 30, 2022, indicating the company has been more efficient in generating sales from its fixed assets over this period. However, there was a significant drop in Fixed Asset Turnover from September 30, 2022, to September 30, 2023, followed by a subsequent increase to 100.48 by June 30, 2023, suggesting a temporary fluctuation in the company's ability to utilize its fixed assets efficiently.

On the other hand, Liveramp's Total Asset Turnover ratio increased steadily from June 30, 2020, to June 30, 2023, implying that the company was generating more sales relative to its total assets during this period. However, there was a slight decline in the Total Asset Turnover ratio from June 30, 2023, to September 30, 2024, before a slight recovery by March 31, 2025.

Overall, the analysis of Liveramp Holdings Inc's long-term activity ratios suggests that the company has been effectively utilizing its assets to generate revenue, with some fluctuations observed in the efficiency of utilizing fixed assets and total assets during certain periods.