Liveramp Holdings Inc (RAMP)

Total asset turnover

		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
Revenue (ttm)	US$ in thousands	745,580	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
Total assets	US$ in thousands	1,259,370	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
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

March 31, 2025 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $745,580K ÷ $1,259,370K
= 0.59

Liveramp Holdings Inc's total asset turnover has been steadily increasing over the past few years, indicating an improvement in the company's efficiency in generating sales from its assets. The ratio has increased from 0.32 as of June 30, 2020, to 0.59 as of March 31, 2025.

The increasing trend in total asset turnover suggests that Liveramp Holdings Inc is using its assets more effectively to generate revenue. A higher total asset turnover ratio indicates that the company is generating more revenue per dollar of assets employed. This can be a positive sign for investors as it shows that the company is efficiently utilizing its resources to drive sales.

Overall, the improving total asset turnover ratio for Liveramp Holdings Inc reflects positively on the company's operational efficiency and ability to generate sales from its assets.