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.