Blackline Inc (BL)
Activity ratios
Short-term
Turnover ratios
| 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 | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Working capital turnover | 0.97 | 1.01 | 1.06 | 0.77 | 0.77 | 0.81 | 0.60 | 0.62 | 0.59 | 0.58 | 0.56 | 0.54 | 0.42 | 0.39 | 0.38 | 0.36 | 0.82 | 0.61 | 0.60 | 0.59 |
The activity ratios of Blackline Inc provide insights into how efficiently the company manages its assets and liabilities to generate sales and cash flow.
1. Inventory Turnover Ratio: The inventory turnover ratio indicates how many times a company's inventory is sold and replaced within a specific period. Blackline Inc had no data available for most periods, except for September 2020 when the ratio was 554.79. The lack of data for other periods suggests a limited ability to analyze inventory management efficiency over time.
2. Receivables Turnover Ratio: This ratio measures how effectively a company collects cash from its customers. Blackline Inc did not provide data for this ratio across the periods, indicating a lack of visibility into the company's accounts receivable collection efficiency.
3. Payables Turnover Ratio: The payables turnover ratio evaluates how quickly a company pays its suppliers. Similar to the receivables turnover ratio, Blackline Inc did not disclose data for the payables turnover ratio, making it difficult to assess the company's payment practices.
4. Working Capital Turnover Ratio: The working capital turnover ratio demonstrates how efficiently a company utilizes its working capital to generate sales. Blackline Inc's working capital turnover ratio increased gradually from 0.59 in March 2020 to 0.97 in December 2024. The rising trend suggests that the company's ability to generate sales from its working capital improved over the period, indicating stronger operational efficiency.
In summary, while the working capital turnover ratio shows a positive trend indicating improved efficiency in utilizing working capital, the lack of data for inventory turnover, receivables turnover, and payables turnover ratios limits a comprehensive analysis of Blackline Inc's overall activity performance.
Average number of days
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 0.66 | — | — |
| Days of sales outstanding (DSO) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Based on the provided data for Blackline Inc, the activity ratios can provide insights into the efficiency of the company's operations:
1. Days of Inventory on Hand (DOH): The data indicates that as of September 30, 2020, Blackline Inc had 0.66 days of inventory on hand, which suggests that the company efficiently manages its inventory by quickly selling or converting it into finished goods or services.
2. Days of Sales Outstanding (DSO): The information shows that there are no specific values provided for DSO over the given periods. This lack of data limits our ability to assess how effectively Blackline Inc is collecting its accounts receivable in a timely manner.
3. Number of Days of Payables: Similar to DSO, there are no specific values available for the number of days of payables during the periods specified. Consequently, it is challenging to determine how well Blackline Inc is managing its payables and utilizing trade credit effectively to support its working capital.
Overall, while the data provides some insight into Blackline Inc's inventory management efficiency, the absence of specific values for DSO and payables days limits a comprehensive analysis of the company's overall activity ratios and operational effectiveness.
Long-term
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fixed asset turnover | — | — | — | — | — | 16.30 | 32.79 | 28.58 | 15.15 | 13.88 | 13.27 | 27.98 | 13.06 | 30.84 | 19.93 | 29.44 | 26.60 | 31.21 | 14.29 | 12.50 |
| Total asset turnover | 0.36 | 0.38 | 0.33 | 0.29 | 0.28 | 0.28 | 0.28 | 0.28 | 0.27 | 0.27 | 0.25 | 0.24 | 0.23 | 0.23 | 0.22 | 0.22 | 0.32 | 0.32 | 0.31 | 0.30 |
The Fixed Asset Turnover ratio for Blackline Inc has fluctuated over the years, ranging from a low of 12.50 in March 2020 to a peak of 32.79 in June 2023. This ratio measures how efficiently the company is utilizing its fixed assets to generate sales revenue. An increasing trend generally indicates improved efficiency in utilizing fixed assets.
On the other hand, the Total Asset Turnover ratio has shown a gradual increase from 0.30 in March 2020 to 0.36 in December 2024. This ratio reflects the company's ability to generate sales in relation to its total assets. A higher total asset turnover ratio signifies that the company is generating more revenue per dollar of assets it owns.
Overall, the trend in both ratios suggests that Blackline Inc has been effectively managing its assets to generate sales revenue, with improvements in asset utilization and revenue generation efficiency over the years.