Liveramp Holdings Inc (RAMP)

Working capital 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 current assets US$ in thousands 643,807 582,120 585,037 602,032 769,662 727,846 706,046 714,559 696,194 704,796 724,854 815,834 821,780 774,594 771,459 825,715 858,653 832,006 825,272 896,393
Total current liabilities US$ in thousands 231,624 199,468 189,638 216,576 208,752 186,697 172,377 174,829 175,777 150,198 143,045 184,566 184,036 136,249 130,183 165,249 157,332 141,167 125,884 161,382
Working capital turnover 1.77 1.85 1.72 1.71 1.13 1.15 1.14 1.11 1.13 1.03 0.95 0.84 0.79 0.76 0.72 0.67 0.61 0.60 0.57 0.52

December 31, 2024 calculation

Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $728,708K ÷ ($643,807K – $231,624K)
= 1.77

Liveramp Holdings Inc's working capital turnover has shown a positive trend over the past few years, increasing from 0.52 as of March 31, 2020, to 1.77 as of December 31, 2024. This indicates that the company is efficiently utilizing its working capital to generate revenue. The increasing trend suggests that Liveramp Holdings Inc is becoming more efficient in managing its working capital over time. A higher working capital turnover ratio is generally seen as favorable as it implies that the company is generating more revenue per unit of working capital invested. Monitoring this ratio can provide valuable insights into the company's operational efficiency and financial health.