Liveramp Holdings Inc (RAMP)

Total asset turnover

Mar 31, 2025 Mar 31, 2024 Mar 31, 2023 Mar 31, 2022 Mar 31, 2021
Revenue US$ in thousands 659,661 596,583 528,657 443,026
Total assets US$ in thousands 1,231,440 1,172,700 1,333,740 1,288,320
Total asset turnover 0.54 0.51 0.40 0.34

March 31, 2025 calculation

Total asset turnover = Revenue ÷ Total assets
= $—K ÷ $—K
= —

The total asset turnover ratio measures how effectively a company is utilizing its assets to generate revenue. Liveramp Holdings Inc's total asset turnover has shown a positive trend over the past few years, increasing steadily from 0.34 in March 31, 2021, to 0.54 in March 31, 2024. This indicates that the company has been more efficient in generating sales in relation to its total assets during this period.

However, it is important to note that the data for March 31, 2025 is missing (denoted as "—"), so the trend for that year cannot be determined. Nonetheless, the overall improvement in total asset turnover up to 2024 suggests that Liveramp Holdings Inc has been managing its assets effectively to drive sales growth. Further analysis and comparison with industry standards would be necessary to fully assess the company's performance in this aspect.