Blackline Inc (BL)

Payables 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
Payables US$ in thousands
Payables turnover

December 31, 2024 calculation

Payables turnover = Cost of revenue ÷ Payables
= $161,965K ÷ $—K
= —

Based on the provided data, Blackline Inc's payables turnover ratio is not available for the years 2020 to 2024. The absence of specific figures for this ratio may indicate that the company has not disclosed or calculated this metric during the given period. Payables turnover ratio is a key indicator of how efficiently a company is managing its accounts payable. Without this information, it is challenging to assess the company's performance in terms of its ability to effectively manage its payables in relation to its purchases or cost of goods sold. It is recommended to monitor this ratio in the future to gain insights into Blackline Inc's liquidity and operational efficiency.