Blackbaud Inc (BLKB)

Days of inventory on hand (DOH)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Inventory turnover		—	1.47	1.45	0.70	0.77
DOH	days	—	248.34	252.12	519.47	475.84

December 31, 2023 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —

In the provided data, the days of inventory on hand (DOH) for Blackbaud Inc are not explicitly mentioned for the years 2023, 2022, 2021, 2020, and 2019. The DOH ratio is a measure of how many days a company holds its average inventory before selling it.

Given the absence of specific DOH values, it is challenging to conduct a detailed analysis of Blackbaud Inc's inventory management efficiency or make comparisons over the years. However, a downward trend in the DOH ratio over multiple years would typically indicate that the company is selling its inventory more quickly, which can be a positive sign of operational efficiency.

To further assess Blackbaud Inc's inventory management performance using the DOH metric, it would be necessary to have the actual values for each year and compare them to industry benchmarks or previous performance to draw meaningful conclusions about the company's inventory turnover and efficiency.