Blackline Inc (BL)
Cash conversion cycle
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | — | — | — | — | — |
| Days of sales outstanding (DSO) | days | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — |
| Cash conversion cycle | days | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= — + — – —
= 0.00
Based on the provided data, Blackline Inc's cash conversion cycle has remained consistently at 0.00 days from December 31, 2020, to December 31, 2024. The cash conversion cycle measures the time it takes for a company to convert its investments in inventory and accounts receivable back into cash through sales. A lower or even negative cash conversion cycle indicates efficient management of working capital, as the company is able to quickly convert its assets back into cash. In the case of Blackline Inc, the consistent 0.00 days cash conversion cycle suggests that the company is effectively managing its working capital and efficiently turning its investments into cash without delays.
Peer comparison
Dec 31, 2024