Blackline Inc (BL)
Inventory turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 161,965 | 146,793 | 129,385 | 97,871 | 68,972 |
| Inventory | US$ in thousands | — | — | 0 | — | — |
| Inventory turnover | — | — | — | — | — |
December 31, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $161,965K ÷ $—K
= —
Based on the provided data, it appears that Blackline Inc has not reported any specific figures for its inventory turnover ratio for the years ending December 31, 2020 through 2024. The lack of data may indicate that the company either does not disclose this information or that there may be an issue with inventory turnover that requires further investigation. Without the actual turnover ratios, it is challenging to assess the efficiency of the company's inventory management and its ability to convert inventory into sales. Monitoring and analyzing inventory turnover trends could provide valuable insights into the company's operating efficiency and overall financial health.
Peer comparison
Dec 31, 2024