Blackbaud Inc (BLKB)

Working capital turnover

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	US$ in thousands	1,068,830	1,029,700	912,853	913,219	900,423
Total current assets	US$ in thousands	929,757	918,643	850,971	819,060	734,539
Total current liabilities	US$ in thousands	1,197,140	1,230,640	1,109,630	1,013,400	988,837
Working capital turnover		—	—	—	—	—

December 31, 2023 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $1,068,830K ÷ ($929,757K – $1,197,140K)
= —

Working capital turnover is an important financial ratio that indicates how effectively a company is utilizing its working capital to generate revenues. Unfortunately, the specific data for Blackbaud Inc's working capital turnover is not available in the provided table for the years 2019 to 2023.

To calculate the working capital turnover ratio, the formula is as follows:
Working Capital Turnover = Net Sales / Average Working Capital

Given that the working capital turnover data is missing, it is not possible to provide a detailed analysis of Blackbaud Inc's efficiency in managing its working capital to generate revenue. For a comprehensive assessment of the company's liquidity and operational efficiency, it would be necessary to have access to the specific financial figures for working capital and net sales for each year.