BLZE (Backblaze) Receivables Turnover: 8.97 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BLZE Backblaze Inc BLZE
40 GF Score
Price $19.26
GF Value $5.81
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Backblaze Receivables Turnover?

Backblaze BLZE +2.39% 40 Receivables Turnover is 8.97 as of Jun. 2026. GuruFocus rates BLZE with a GF Score™ of 40/100 and a GF Value™ of $5.81 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,782 Software companies, Backblaze ranks better than 96.33% on this metric.

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Backblaze's Revenue for the three months ended in Jun. 2026 was $42.7 Mil. Backblaze's average Accounts Receivable for the three months ended in Jun. 2026 was $4.8 Mil. Hence, Backblaze's Receivables Turnover for the three months ended in Jun. 2026 was 8.97.


Backblaze  (NAS:BLZE) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


Backblaze Receivables Turnover Related Terms


Backblaze Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Backblaze's Receivables 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.

Backblaze Receivables Turnover Chart

Backblaze Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial 260.54 146.19 123.21 97.02 54.90

Backblaze Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.49 11.26 11.04 9.99 8.97

BLZE vs CCSI, SABR, RPD: Receivables Turnover Comparison

For the Software - Infrastructure subindustry, Backblaze's Receivables Turnover, along with its competitors' market caps and Receivables Turnover 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.


Backblaze Receivables Turnover vs Software Industry

For the Software industry and Technology sector, Backblaze's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Backblaze's Receivables Turnover falls into.


BLZE
40GF Score
Backblaze Inc BLZE
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Backblaze Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Backblaze's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=145.835 / ((1.831 + 3.482) / 2 )
=145.835 / 2.6565
=54.90

Backblaze's Receivables Turnover for the quarter that ended in Jun. 2026 is calculated as

Receivables Turnover (Q: Jun. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2026 ) / ((Accounts Receivable (Q: Mar. 2026 ) + Accounts Receivable (Q: Jun. 2026 )) / count )
=42.713 / ((4.261 + 5.266) / 2 )
=42.713 / 4.7635
=8.97

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 8.97 mean?
Backblaze (BLZE) has a Receivables Turnover of 8.97 as of Jun. 2026. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Backblaze and its competitors. According to the industry distribution chart, Backblaze ranks #102 out of 2782 companies in the Software industry, placing it in the top 3.7%.
Is Backblaze's Receivables Turnover too high?
Backblaze's current Receivables Turnover is 8.97. The Software industry median Receivables Turnover is 5.95. Backblaze's value of 8.97 is 50.9% above this industry median. Based on the distribution chart, Backblaze ranks #102 out of 2782 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Backblaze has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Backblaze's Receivables Turnover compare to CCSI and SABR?
According to the Software industry distribution chart, Backblaze ranks #102 out of 2782 companies for Receivables Turnover. This places Backblaze in the top 4% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.95. Backblaze's value of 8.97 is 50.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Software company?
The median Receivables Turnover among Software companies is 5.95, based on 2,782 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Backblaze's current Receivables Turnover of 8.97 is 50.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Backblaze and its competitors. For the Software industry, the median Receivables Turnover is 5.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Backblaze's current Receivables Turnover is 8.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Backblaze stock overvalued right now?
Based on GuruFocus' analysis, Backblaze (BLZE) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.81, compared to a current price of $19.26 — trading 231.5% above its estimated fair value. The current Receivables Turnover is 8.97 and 50.9% above the Software industry median of 5.95. Backblaze's overall GF Score™ is 40/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Backblaze (BLZE), the current Receivables Turnover is 8.97 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Backblaze (BLZE) Overvalued in 2026?

Based on GuruFocus' analysis, Backblaze stock appears to be overvalued. The current stock price of $19.26 is trading 231.5% above its estimated GF Value™ of $5.81. GuruFocus considers Backblaze to be Significantly Overvalued.

Key valuation signals for BLZE:

  • Receivables Turnover: 8.97
  • GF Value™: $5.81 vs. price of $19.26 (231.5% above fair value)
  • GF Score™: 40/100 with 5 warning signs
  • Industry Position: 50.9% above the Software median (#102 of 2782)

No single metric tells the full story. See the BLZE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Backblaze Business Description

Address 2261 Market Street, Suite 81006, San Francisco, CA, USA, 94114
Backblaze Inc offers a cloud storage platform designed to help businesses and consumers store, use, and protect their data. The company delivers its services through the Backblaze Storage Cloud platform, a purpose-built, web-scale software architecture operating on commodity hardware. Backblaze's offerings include B2 Cloud Storage, an Infrastructure-as-a-Service (IaaS) solution, and Computer Backup, a Software-as-a-Service (SaaS) solution. Its customer base includes individuals, developers, MSPs, small and medium-sized businesses, and large enterprises across industries, academic institutions, government agencies, and other enterprises. Geographically, the company generates maximum revenue from its business in the United States, followed by the United Kingdom, Canada, and other markets.
40GF Score

Get the complete analysis for BLZE

Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$19.26
Price
$5.81
GF Value