BlackLine (BlackLine) Accounts Receivable

: $171.6 Mil (As of Dec. 2023)

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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. BlackLine's accounts receivables for the quarter that ended in Dec. 2023 was $171.6 Mil.

Accounts receivable can be measured by Days Sales Outstanding. BlackLine's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 100.55.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. BlackLine's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-8.24.

BlackLine Accounts Receivable Historical Data

The historical data trend for BlackLine's Accounts Receivable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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BlackLine Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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102.83

111.27

125.13

150.86

171.61

BlackLine Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable	Get a 7-Day Free Trial															150.86	120.42	129.80	130.48	171.61

BlackLine Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

BlackLine Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

BlackLine's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	171.608	/	155.73	*	91
=	100.55

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), BlackLine's accounts receivable are only considered to be worth 75% of book value:

BlackLine's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is calculated as:

	Net-Net Working Capital Per Share
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(1204.472	+	0.75 * 171.608	+	0.5 * 0	-	1809.821
-	0	-	30.063)	/	61.5151
=	-8.24

Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.

BlackLine Accounts Receivable Related Terms

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BlackLine (BlackLine) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » BlackLine Inc (NAS:BL) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

02B:Germany 02B:Germany

Address

21300 Victory Boulevard, 12th Floor, Woodland Hills, CA, USA, 91367

Website

https://www.blackline.com

BlackLine Inc is engaged in providing financial accounting close solutions delivered as Software as a Service (SaaS). The Company's solutions enable its customers to address various aspects of their financial close process including account reconciliations, variance analysis of account balances, journal entry capabilities, and certain types of data matching capabilities. The majority of the revenue of the company is earned in the United States.

Executives

Mark Woodhams	officer: Chief Revenue Officer	21300 VICTORY BLVD., 12TH FLOOR, WOODLAND HILLS CA 91367
Thomas Unterman	director	21300 VICTORY BLVD., 12TH FLOOR, WOODLAND HILLS CA 91367
Mika Yamamoto	director	21300 VICTORY BLVD.,, 12TH FLOOR, WOODLAND HILLS CA 91367
William Raymond Wagner	director	C/O VOCUS, INC., 4296 FORBES BOULEVARD, LANHAM MD 20706
Peter Hirsch	officer: Chief Technology Officer	C/O ELLIE MAE, INC., 4420 ROSEWOOD DRIVE, PLEASANTON CA 94588
Mark Partin	officer: Chief Financial Officer	21300 VICTORY BLVD., 12TH FLOOR, WOODLAND HILLS CA 91367
Marc Huffman	officer: Chief Operating Officer	C/O NETSUITE INC., 2955 CAMPUS DRIVE, SUITE 100, SAN MATEO CA 94403
Amit Yoran	director	C/O TENABLE HOLDINGS, INC., 6100 MERRIWEATHER DRIVE, COLUMBIA MD 21044
Brunilda Rios	director	C/O DELL TECHNOLOGIES INC., ONE DELL WAY, ROUND ROCK TX 78682
Owen Ryan	director	C/O BLACKLINE INC, 21300 VICTORY BOULEVARD 12TH FLOOR, WOODLAND HILLS CA 91367
Therese Tucker	director, 10 percent owner, officer: Chief Executive Officer	21300 VICTORY BLVD., 12TH FLOOR, WOODLAND HILLS CA 91367
Graham Smith	director	301 BRANNMAN ST, SAN FRANCISCO CA 94107
Barbara Whye	director	21300 VICTORY BLVD., 12TH FLOOR, WOODLAND HILLS CA 91367
Morgan Karole Prager	officer: Chief Legal Officer & Sec'y	C/O MCCLATCHY CO, 2100 Q STREET, SACRAMENTO CA 95816
Patrick Villanova	officer: Controller	21300 VICTORY BLVD., 12TH FLOOR, WOODLAND HILLS CA 91367