Blackbaud Inc (BLKB)

Payables turnover

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 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
Cost of revenue (ttm) US$ in thousands 518,098 516,848 511,097 506,970 502,972 501,836 501,007 505,139 505,389 493,965 480,709 463,172 443,195 438,712 429,716 426,585 428,065 425,026 428,138 424,006
Payables US$ in thousands
Payables turnover

December 31, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $518,098K ÷ $—K
= —

The payables turnover ratio for Blackbaud Inc is not available for the period spanning from March 31, 2020, to December 31, 2024, as indicated by the data provided.

The payables turnover ratio is typically used to assess how efficiently a company is managing its trade payables by measuring the number of times a company pays off its average accounts payable balance over a specific period. A higher payables turnover ratio generally indicates that the company is efficiently managing its payables by paying its suppliers in a timely manner.

Without the specific payables turnover values for Blackbaud Inc, it is challenging to provide a detailed analysis of how the company is managing its accounts payable over time.