Blackbaud Inc (BLKB)
Activity ratios
Short-term
Turnover ratios
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Inventory turnover | — | — | 0.72 | 0.74 | 0.70 |
| Receivables turnover | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
| Working capital turnover | — | — | — | — | — |
Based on the provided data, Blackbaud Inc's activity ratios can be analyzed as follows:
1. Inventory Turnover:
- The inventory turnover ratio indicates how many times a company's inventory is sold and replaced over a specific period.
- Blackbaud Inc's inventory turnover has been relatively stable over the years, ranging from 0.70 to 0.74.
- This suggests that the company is efficiently managing its inventory levels, turning over its inventory less than once a year, which could indicate a slow-moving or seasonal product line.
2. Receivables Turnover:
- The receivables turnover ratio measures how efficiently a company collects on its credit sales.
- The data provided shows that there is no information available for receivables turnover for all the years.
- As a result, it is difficult to assess Blackbaud Inc's effectiveness in collecting on its credit sales based on this data.
3. Payables Turnover:
- The payables turnover ratio evaluates how quickly a company pays its suppliers.
- Similar to receivables turnover, there is no data available for payables turnover for the years provided.
- Without this information, it is challenging to assess Blackbaud Inc's payment practices to its suppliers.
4. Working Capital Turnover:
- The working capital turnover ratio assesses how effectively a company utilizes its working capital to generate sales.
- Once again, the data does not provide any information on the working capital turnover for Blackbaud Inc for the years specified.
- Without this ratio, it is challenging to evaluate the efficiency of Blackbaud Inc in utilizing its working capital.
In conclusion, while the inventory turnover ratio indicates some insight into Blackbaud Inc's inventory management efficiency, the lack of data for receivables turnover, payables turnover, and working capital turnover limits a comprehensive assessment of the company's overall activity and efficiency in managing its current assets and liabilities.
Average number of days
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | — | — | 507.17 | 491.35 | 519.47 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — |
Based on the data provided, Blackbaud Inc's activity ratios can be analyzed as follows:
1. Days of Inventory on Hand (DOH):
- December 31, 2020: 519.47 days
- December 31, 2021: 491.35 days
- December 31, 2022: 507.17 days
- December 31, 2023: Not available
- December 31, 2024: Not available
The DOH measures the number of days it takes for a company to sell its inventory. A decreasing DOH over the years indicates that Blackbaud Inc has been managing its inventory more effectively, as it is taking fewer days to sell its inventory.
2. Days of Sales Outstanding (DSO):
- December 31, 2020: Not available
- December 31, 2021: Not available
- December 31, 2022: Not available
- December 31, 2023: Not available
- December 31, 2024: Not available
The DSO ratio shows the average number of days it takes for a company to collect payment after making a sale. The lack of data for DSO indicates that information on the efficiency of Blackbaud Inc's accounts receivable management is not available.
3. Number of Days of Payables:
- December 31, 2020: Not available
- December 31, 2021: Not available
- December 31, 2022: Not available
- December 31, 2023: Not available
- December 31, 2024: Not available
The number of days of payables ratio represents the average number of days a company takes to pay its suppliers. The absence of data implies that details regarding Blackbaud Inc's accounts payable turnover are not provided.
In conclusion, based on the available data, it appears that Blackbaud Inc has been improving its inventory management efficiency, but information on accounts receivable and accounts payable management is not provided for a comprehensive analysis of all activity ratios.
Long-term
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Fixed asset turnover | — | — | 9.85 | 5.61 | 8.68 |
| Total asset turnover | 0.46 | 0.38 | 0.35 | 0.31 | 0.45 |
The fixed asset turnover ratio of Blackbaud Inc has shown a decreasing trend over the past few years, indicating a decline in the company's ability to generate sales from its fixed assets. In 2020, the fixed asset turnover ratio was 8.68, which decreased to 5.61 in 2021, before rebounding to 9.85 in 2022. However, data for 2023 and 2024 are not available.
On the other hand, the total asset turnover ratio of Blackbaud Inc has been fluctuating over the same period. It stood at 0.45 in 2020, decreased to 0.31 in 2021, slightly improved to 0.35 in 2022, further increased to 0.38 in 2023, and rose to 0.46 in 2024.
Overall, these ratios suggest that the company may have faced challenges in efficiently utilizing its fixed assets to generate revenue, as reflected in the decreasing fixed asset turnover ratio. However, the total asset turnover ratio indicates some improvement in the company's overall asset utilization efficiency, albeit with fluctuations in performance over the years.