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.
Peer comparison
Dec 31, 2024