Liveramp Holdings Inc (RAMP)
Total asset turnover
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (ttm) | US$ in thousands | 728,708 | 707,165 | 681,553 | 659,661 | 636,435 | 621,181 | 608,409 | 596,583 | 589,682 | 571,671 | 551,862 | 528,657 | 506,107 | 485,256 | 462,627 | 443,026 | 429,552 | 412,016 | 397,498 | 380,572 |
Total assets | US$ in thousands | 1,253,210 | 1,118,410 | 1,206,260 | 1,231,440 | 1,224,740 | 1,180,520 | 1,163,930 | 1,172,700 | 1,166,480 | 1,188,500 | 1,234,260 | 1,333,740 | 1,342,540 | 1,282,370 | 1,249,900 | 1,288,320 | 1,259,500 | 1,238,640 | 1,233,930 | 1,301,890 |
Total asset turnover | 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 | 0.29 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $728,708K ÷ $1,253,210K
= 0.58
Liveramp Holdings Inc's total asset turnover has been gradually increasing over the past years, indicating an improved efficiency in generating sales relative to its total assets. The ratio has shown steady growth from 0.29 in March 2020 to 0.58 in December 2024. This implies that for every dollar of total assets invested in the company, sales have been increasing, reaching a peak of $0.63 of sales for every dollar of assets by September 30, 2024. Overall, the trend suggests that Liveramp Holdings Inc has been utilizing its assets more effectively to generate revenue and improve its operational efficiency over the period under review.
Peer comparison
Dec 31, 2024