Days Inventory is also known as Days Sales of Inventory (DSI). Blend Labs's Average Total Inventories for the
three
months ended in Dec. 2023 was $0.0 Mil. Blend Labs's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $16.4 Mil.
Hence, Blend Labs's Days Inventory for the
three
months ended in Dec. 2023 was 0.00.
The historical rank and industry rank for Blend Labs's Days Inventory or its related term are showing as below:
BLND's Days Inventory is not ranked *
in the Software industry.
Industry Median: 19.71 * Ranked among companies with meaningful Days Inventory only.
Blend Labs's Days Inventory
stayed the same
from Dec. 2022 (0.00) to Dec. 2023 (0.00).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Blend Labs's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.00.
Blend Labs Days Inventory Historical Data
The historical data trend for Blend Labs's Days Inventory 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.
Competitive Comparison of Blend Labs's Days Inventory
For the Software - Application subindustry, Blend Labs's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Blend Labs's Days Inventory Distribution in the Software Industry
For the Software industry and Technology sector, Blend Labs's Days Inventory distribution charts can be found below:
* The bar in red indicates where Blend Labs's Days Inventory falls into.
Blend Labs Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Blend Labs's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Blend Labs (NYSE:BLND) Days Inventory Explanation
Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:
1. Inventory Turnover measures how fast the company turns over its inventory within a year.
Blend Labs's Inventory Turnover for the
three
months ended in Dec. 2023 is calculated as
2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Blend Labs's Inventory to Revenue for the
three
months ended in Dec. 2023 is calculated as
* 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.
Be Aware
A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.
Blend Labs Days Inventory Related Terms
Thank you for viewing the detailed overview of Blend Labs's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
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