Blackbaud Inc (BLKB)
Cash conversion cycle
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | — | — | 507.17 | 491.35 | 519.47 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — |
| Cash conversion cycle | days | 0.00 | 0.00 | 507.17 | 491.35 | 519.47 |
December 31, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= — + — – —
= 0.00
The cash conversion cycle for Blackbaud Inc has shown a slight improvement over the years, decreasing from 519.47 days at the end of 2020 to 491.35 days at the end of 2021. However, there was a slight increase to 507.17 days by the end of 2022. Interestingly, by the end of 2023 and 2024, the cash conversion cycle was reported as 0.00 days, which could indicate a potential anomaly or a change in reporting practices.
Overall, Blackbaud Inc's cash conversion cycle indicates the effectiveness of the company in managing its working capital and turning its resources into cash. It is essential to monitor this metric closely to ensure efficient operations and maintain liquidity levels.
Peer comparison
Dec 31, 2024