Blackbaud Inc (BLKB)

Days of inventory on hand (DOH)

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Inventory turnover		—	2.77	1.31	2.73	1.40	2.77	2.03	3.11	1.38	2.11	1.40	2.06	0.70	2.09	1.01	1.83	0.77	1.67	1.13	1.79
DOH	days	—	131.85	277.79	133.66	260.35	131.70	179.93	117.37	264.01	173.26	261.01	176.90	519.47	174.90	359.69	199.93	475.84	218.95	324.26	203.77

December 31, 2023 calculation

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

Based on the provided information, the days of inventory on hand (DOH) for Blackbaud Inc is not available for the specified quarters. Therefore, without the DOH data available for analysis, it is not possible to assess the efficiency of Blackbaud Inc in managing its inventory levels over the past eight quarters.