Blackline Inc (BL)

Inventory turnover

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Cost of revenue (ttm)	US$ in thousands	505,808	391,557	392,410	385,730	376,033	488,489	445,131	424,862	400,493	378,575	371,331	353,083	330,711	314,027	307,891	297,953	284,029	272,431	257,697	249,358
Inventory	US$ in thousands	—	—	—	—	0	—	0	—	—	—	—	—	—	117	—	—	—	—	—	—
Inventory turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	2,683.99	—	—	—	—	—	—

December 31, 2023 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $505,808K ÷ $—K
= —

The inventory turnover ratio for Blackline Inc was not provided for the periods ending December 31, 2023, September 30, 2023, June 30, 2023, March 31, 2023, December 31, 2022, September 30, 2022, June 30, 2022, March 31, 2022, December 31, 2021, September 30, 2021, June 30, 2021, March 31, 2021, and prior. However, for the period ending June 30, 2020, the inventory turnover ratio was 2,683.99.

The inventory turnover ratio indicates how efficiently a company manages its inventory by measuring the number of times it sells and replaces its inventory during a specific period. A high inventory turnover ratio suggests that the company is effectively selling its products and not overstocking, while a low ratio may indicate poor sales, overstocking, or obsolete inventory.

Due to the lack of data for the recent periods, it is not possible to assess the trend or current status of Blackline Inc's inventory turnover efficiency. This ratio should be monitored over time to evaluate the company's inventory management practices and operational efficiency.