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.
Peer comparison
Mar 31, 2025