Blackline Inc (BL)

Payables turnover

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
Cost of revenue (ttm) US$ in thousands 161,965 158,110 153,798 150,566 146,740 142,544 138,176 133,983 129,385 123,994 116,005 106,654 97,871 89,081 81,626 74,797 68,972 64,911 63,221 61,422
Payables US$ in thousands — — — — — — — — — — — — — — — — — — — —
Payables turnover — — — — — — — — — — — — — — — — — — — —

December 31, 2024 calculation

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

The data provided for Blackline Inc's payables turnover from March 31, 2020, to December 31, 2024, indicates that the payables turnover ratio is not available for any of the mentioned periods.

The payables turnover ratio is a financial metric used to evaluate how efficiently a company manages its accounts payable. It shows how many times a company pays off its average accounts payable balance during a specific period. A higher payables turnover ratio typically indicates that a company is paying its suppliers quickly.

In the case of Blackline Inc, the absence of data for the payables turnover ratio could suggest that the company's accounts payable management or payment practices may not be easily discernible from the available information. This could be due to various reasons such as the company not disclosing specific data or the nature of its operations.

It is important to note that without the payables turnover ratio data, it is challenging to make a comprehensive assessment of Blackline Inc's efficiency in managing its accounts payable. Additional information or context would be required to provide a more detailed analysis of the company's payables turnover performance.