Blend Labs (Blend Labs) Change In Working Capital

: $-4.3 Mil (TTM As of Dec. 2023)

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Blend Labs's change in working capital for the quarter that ended in Dec. 2023 was $-2.7 Mil.

Blend Labs's change in working capital for the fiscal year that ended in Dec. 2023 was $-4.3 Mil.

It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement. Not by calculating the number changes in each periods' working capital (Total Current Assets minus Total Current Liabilities).

Blend Labs Change In Working Capital Historical Data

The historical data trend for Blend Labs's Change In Working Capital 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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Blend Labs Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Working Capital

4.06

-11.23

-13.07

-4.48

-4.25

Blend Labs Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Working Capital	Get a 7-Day Free Trial												2.20	1.35	-8.20	5.27	-2.67

Blend Labs Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.3 Mil.

Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities.

Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement.

Use Wal-Mart Stores Inc (Jan 2014, Annual Data) as an example: Source: Wal-Mart Stores Inc 2014-01-31 10-K from SEC

Consolidated Statements of Cash Flows	Fiscal Years Ended	January 31,	(Amounts in millions)
Cash flows from operating activities:	2014	2013	2012
Changes in certain assets and liabilities, net of effects of acquisitions:
Receivables, net	(566)	(614)	(796)
Inventories	(1,667)	(2,759)	(3,727)
Accounts payable	531	1,061	2,687
Accrued liabilities	103	271	(935)
Accrued income taxes	(1,224)	981	994

For 2014-01-31, add all the items under 2014 collum together, Change in Working Capital was (566) + (1,667) + 531 + 103 + (1,224) = $ (2,823) Mil.

Blend Labs Change In Working Capital Related Terms

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Blend Labs (Blend Labs) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

415 Kearny Street, San Francisco, CA, USA, 94108

Website

https://www.blend.com

Blend Labs Inc is a cloud-based platform software platform that powers the digital interface between financial services firms and consumers. It supports and simplifies applications for mortgages, consumer loans, and deposit accounts. Its operating segments are 1) Blend Platform comprises a suite of products that power the entire origination process from back-end workflows to consumer experience. 2) Title365 enables customers to streamline the title, settlement, and closing process at scale for mortgages, home equity lines of credit, and home equity loans. The majority of revenue is earned from the blend platform segment.

Executives

Amir Jafari	officer: Head of Finance and Admin.	415 KEARNY STREET, SAN FRANCISCO CA 94108
Nima Ghamsari	director, officer: Chief Executive Officer	415 KEARNY STREET, SAN FRANCISCO CA 94108
Oxana Tkach	officer: Principal Accounting Officer	415 KEARNY STREET, SAN FRANCISCO CA 94108
Winnie Ling	officer: Head of Legal	415 KEARNY STREET, SAN FRANCISCO CA 94108
Dean Klinger	officer: Head of Go-To-Market	415 KEARNY STREET, SAN FRANCISCO CA 94108
Crystal Sumner	officer: Head of Legal, Compliance,Risk	415 KEARNY STREET, SAN FRANCISCO CA 94108
Erin N Lantz	director	2343 42ND AVE EAST, SEATTLE WA 98112
Marc S. Greenberg	officer: Head of Finance	415 KEARNY STREET, SAN FRANCISCO CA 94108
Manish K. Gupta	officer: Principal Accounting Officer	415 KEARNY STREET, SAN FRANCISCO CA 94108
Timothy J Mayopoulos	director, officer: President	C/O FANNIE MAE, 1100 15TH STREET, NW, WASHINGTON DC 20005
Jonathan Y. Chan	officer: Principal Accounting Officer	415 KEARNY STREET, SAN FRANCISCO CA 94108
Ciara Burnham	director	3110 MAIN STREET, SUITE 400, SANTA MONICA CA 90405
Ossa Investments Pte. Ltd.	10 percent owner	60B ORCHARD ROAD #06-18 TOWER 2, THE ATRIUM@ORCHARD, SINGAPORE U0 238891
Gerald C. Chen	director	415 KEARNY STREET, SAN FRANCISCO CA 94108
Erin James Collard	director	415 KEARNY STREET, SAN FRANCISCO CA 94108