Liveramp Holdings Inc (RAMP)

Working capital turnover

Mar 31, 2025 Mar 31, 2024 Mar 31, 2023 Mar 31, 2022 Mar 31, 2021
Revenue US$ in thousands 745,580 659,661 596,583 528,657 443,026
Total current assets US$ in thousands 656,189 602,032 714,559 815,834 825,715
Total current liabilities US$ in thousands 247,518 216,576 174,829 184,566 165,249
Working capital turnover 1.82 1.71 1.11 0.84 0.67

March 31, 2025 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $745,580K ÷ ($656,189K – $247,518K)
= 1.82

The working capital turnover for Liveramp Holdings Inc has shown an increasing trend over the past few years, indicating a more efficient utilization of its working capital to generate sales. The ratio has improved from 0.67 as of March 31, 2021, to 1.71 as of March 31, 2024. This implies that the company is able to generate $1.71 in sales for every $1 of working capital invested, showcasing improved operational efficiency and liquidity management. However, it is worth noting that the data for March 31, 2025, is not available (indicated by "—"), so a precise assessment for that period cannot be made. Overall, the upward trend in working capital turnover reflects positively on Liveramp Holdings Inc's ability to efficiently manage its working capital resources.