Blackbaud Inc (BLKB)

Working capital turnover

		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
Revenue (ttm)	US$ in thousands	1,068,830	1,046,797	1,032,026	1,030,820	1,029,119	1,010,722	982,508	948,272	912,853	909,423	896,896	904,135	913,219	908,452	914,571	908,214	900,423	883,802	872,214	860,252
Total current assets	US$ in thousands	929,757	579,406	1,044,570	579,322	918,643	547,537	726,992	507,112	850,971	457,981	691,008	465,284	819,060	412,715	667,104	428,622	734,539	445,945	600,141	413,883
Total current liabilities	US$ in thousands	1,197,140	937,600	1,361,130	863,863	1,230,640	871,022	994,319	758,932	1,109,630	660,126	877,627	646,134	1,013,400	620,268	858,885	622,779	988,837	677,438	790,544	601,075
Working capital turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2023 calculation

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

I'm sorry, but without the specific values for working capital turnover for Blackbaud Inc across the listed quarters, I am unable to provide a detailed analysis of this ratio. Working capital turnover is calculated by dividing a company's net sales by its average working capital, and it provides insights into how efficiently a company is managing its working capital to generate sales. Please provide the necessary data, so I can assist you further in analyzing Blackbaud Inc's working capital turnover.