Grid Dynamics Holdings Inc

NASDAQ GDYN

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Grid Dynamics Holdings Inc Working Capital To Sales Ratio 3 year CAGR for the Trailing 12 Months (TTM) ending March 31, 2024: -41.87%

Grid Dynamics Holdings Inc Working Capital To Sales Ratio 3 year CAGR is -41.87% for the Trailing 12 Months (TTM) ending March 31, 2024, a -245.60% change year over year. The working capital to sales ratio measures the proportion of working capital to revenue. It is calculated by dividing the difference between current assets and current liabilities by revenue. This ratio provides insights into the efficiency of working capital utilization relative to revenue generation. A higher ratio suggests better utilization of working capital to generate sales revenue. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

Grid Dynamics Holdings Inc Working Capital To Sales Ratio for the Trailing 12 Months (TTM) ending March 31, 2023 was 3.20, a 22.78% change year over year.
Grid Dynamics Holdings Inc Working Capital To Sales Ratio for the Trailing 12 Months (TTM) ending March 31, 2022 was 2.60, a -42.76% change year over year.
Grid Dynamics Holdings Inc Working Capital To Sales Ratio for the Trailing 12 Months (TTM) ending March 31, 2021 was 4.55, a 203.74% change year over year.
Grid Dynamics Holdings Inc Working Capital To Sales Ratio for the Trailing 12 Months (TTM) ending March 31, 2020 was 1.50, a 157.89% change year over year.

NASDAQ: GDYN

Grid Dynamics Holdings Inc

CEO	Mr. Leonard Livschitz
IPO Date	Oct. 30, 2018
Location	United States
Headquarters	5000 Executive Parkway, San Ramon, CA, United States, 94583
Employees	3,892
Sector	Technology
Industry	Information technology services

Description

Grid Dynamics Holdings, Inc., together with its subsidiaries, provides technology consulting, platform and product engineering, and analytics services in North America, Europe, and internationally. It offers cloud platform and product engineering services, such as architecting, designing, and building scalable and secure cloud-based platforms and business applications; and AI/machine learning and data platform engineering services that build platforms to facilitate batch and streaming data ingestion, quality governance, orchestration, semantic modeling, observability, and analysis at scale. The company provides digital engagement services, including digital ecosystem design and implementation; and supply chain, Internet of Thing, and advanced manufacturing, which focuses on transforming traditional operations into smart and connected ecosystems. It serves customers that operate in the tech, media, telecommunications, retail, consumer packaged goods, manufacturing, and finance industries. The company was formerly known as ChaSerg Technology Acquisition Corp. and changed its name to Grid Dynamics Holdings, Inc. Grid Dynamics Holdings, Inc. was founded in 2006 and is headquartered in San Ramon, California.

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