BL (BlackLine) Inventory Turnover : 0.00 (As of Sep. 2024)

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What is BlackLine Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. BlackLine's Cost of Goods Sold for the three months ended in Sep. 2024 was $41.1 Mil. BlackLine's Average Total Inventories for the quarter that ended in Sep. 2024 was $0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. BlackLine's Days Inventory for the three months ended in Sep. 2024 was 0.00.

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. BlackLine's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.00.

BlackLine Inventory Turnover Historical Data

The historical data trend for BlackLine's Inventory Turnover 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 Inventory Turnover Chart

BlackLine Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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BlackLine Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

BlackLine Inventory Turnover Calculation

BlackLine's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	146.793	/ (	(0	+	0)	/	1 )
=	146.793	/	0
=	N/A

BlackLine's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	41.106	/ (	(0	+	0)	/	1 )
=	41.106	/	0
=	N/A

BlackLine (NAS:BL) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

BlackLine's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	0	/	41.106	*	365 / 4
	=	0.00

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.

BlackLine's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	0	/	165.909
	=	0.00

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

BlackLine Inventory Turnover Related Terms

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BlackLine Business Description

Industry

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

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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

Mika Yamamoto	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
Mark Partin	officer: Chief Financial Officer	21300 VICTORY BLVD., 12TH FLOOR, WOODLAND HILLS CA 91367
Mark Woodhams	officer: Chief Revenue Officer	21300 VICTORY BLVD., 12TH FLOOR, WOODLAND HILLS CA 91367
Barbara Whye	director	21300 VICTORY BLVD., 12TH FLOOR, WOODLAND HILLS CA 91367
Owen Ryan	director	C/O BLACKLINE INC, 21300 VICTORY BOULEVARD 12TH FLOOR, WOODLAND HILLS CA 91367
Kevin B Thompson	director	C/O RED HAT, INC, 1801 VARSITY DRIVE, RALEIGH NC 27606
Thomas Unterman	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
Marc Huffman	officer: Chief Operating Officer	C/O NETSUITE INC., 2955 CAMPUS DRIVE, SUITE 100, SAN MATEO CA 94403
Brunilda Rios	director	C/O DELL TECHNOLOGIES INC., ONE DELL WAY, ROUND ROCK TX 78682
Amit Yoran	director	C/O TENABLE HOLDINGS, INC., 6100 MERRIWEATHER DRIVE, COLUMBIA MD 21044
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