Blackline Inc (BL)
Days of inventory on hand (DOH)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 554.79 | — | — | |
| DOH | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 0.66 | — | — |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The Days of Inventory on Hand (DOH) ratio for Blackline Inc provides insight into how efficiently the company manages its inventory. From the data provided, we observe fluctuations in the DOH ratio over the quarters analyzed.
As of September 30, 2020, Blackline Inc had a DOH of 0.66 days, indicating that the company had a very low level of inventory on hand, suggesting efficient inventory management practices. A low DOH ratio typically signifies quicker turnover of inventory, reducing the risk of obsolete stock and minimizing carrying costs.
The absence of specific DOH values for the subsequent quarters suggests that inventory turnover information is either not disclosed or not applicable for those periods. However, this dearth of data may not necessarily imply poor inventory management; it could be a result of the industry dynamics or specific circumstances during those quarters.
In conclusion, based on the available data, as of September 30, 2020, Blackline Inc demonstrated efficient inventory management with a low DOH ratio. The analysis suggests that the company may be effectively controlling its inventory levels to optimize operational efficiency and financial performance.
Peer comparison
Dec 31, 2024