Blackbaud Inc (BLKB)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | — | — | 0.72 | 0.74 | 0.70 | |
| DOH | days | — | — | 507.17 | 491.35 | 519.47 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The days of inventory on hand (DOH) measures how many days, on average, a company holds its inventory before selling it. Looking at the data for Blackbaud Inc, we see a fluctuating trend in the DOH over the years.
As of December 31, 2020, Blackbaud Inc had 519.47 days of inventory on hand, indicating that the company held a significant amount of inventory relative to its sales level. By December 31, 2021, the DOH decreased to 491.35 days, which suggests a slight improvement in managing inventory levels.
Moving on to December 31, 2022, the DOH increased slightly to 507.17 days, indicating a trend towards holding inventory for a longer period. Unfortunately, the data for December 31, 2023, and December 31, 2024, is not available ("— days"), making it challenging to assess the recent trend in inventory management.
Overall, the trend in Blackbaud Inc's DOH shows fluctuations, with potential implications for cash flow management, inventory control, and operational efficiency. Further analysis would be required to understand the underlying reasons for these changes and their impact on the company's overall performance.
Peer comparison
Dec 31, 2024