Name: Working Capital Turnover

Definition: Working capital turnover shows how efficiently the company uses its short-term resources — like cash, inventory, and receivables — to generate sales. Higher turnover means the company squeezes more sales from its working capital. Lower turnover may indicate inefficient inventory, slow collections, or too much short-term capital tied up unnecessarily.

Interpretation:
• In '2021', BLKB's working capital turnover was -3.59, showing how efficiently working capital is deployed. Industry average for Computer Software: Prepackaged Software in '2021' stood at 1.38.
• In '2022', BLKB's working capital turnover was -3.71, showing how efficiently working capital is deployed. The decline from '2021' may indicate some operational or financial challenges. Industry average for Computer Software: Prepackaged Software in '2022' stood at 1.67. Industry average increased by 0.29 compared to previous year.
• In '2023', BLKB's working capital turnover was -3.82, showing how efficiently working capital is deployed. The decline from '2022' may indicate some operational or financial challenges. Industry average for Computer Software: Prepackaged Software in '2023' stood at 1.54. Industry average declined by 0.13 from previous year.
• In '2024', BLKB's working capital turnover was -4.25, showing how efficiently working capital is deployed. The decline from '2023' may indicate some operational or financial challenges. Industry average for Computer Software: Prepackaged Software in '2024' stood at 1.52. Industry average declined by 0.02 from previous year.
Overall, BLKB's working capital turnover has been volatile but showed a downward trend over the past 4 years.

Formula: Working Capital Turnover = Net Sales / Working Capital

Good Range: Ranges 5-20 depending on business.