Blackline Inc (BL)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | — | — | — | — | — | |
| DOH | days | — | — | — | — | — |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
Based on the available data for Blackline Inc, the days of inventory on hand (DOH) for the years ending on December 31, 2020, 2021, 2022, 2023, and 2024 are not provided. Without this specific information, it is challenging to evaluate the efficiency of Blackline Inc's inventory management in terms of how many days the company holds inventory before it is sold or used in operations.
DOH is a crucial financial ratio that indicates the average number of days a company takes to convert its inventory into sales. A lower DOH generally signifies better efficiency in managing inventory levels, reducing carrying costs, and minimizing the risk of obsolete inventory.
In the absence of data on Blackline Inc's DOH over the specified years, further insights into the company's inventory turnover, operational performance, and working capital management cannot be determined. Monitoring and analyzing the DOH trend over time can provide valuable insights into the company's inventory management practices and overall financial health.
Peer comparison
Dec 31, 2024