Backblaze (Backblaze) Days Sales Outstanding : 4.43 (As of Dec. 2023)

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What is Backblaze Days Sales Outstanding?

Backblaze's average Accounts Receivable for the three months ended in Dec. 2023 was $1.4 Mil. Backblaze's Revenue for the three months ended in Dec. 2023 was $28.7 Mil. Hence, Backblaze's Days Sales Outstanding for the three months ended in Dec. 2023 was 4.43.

The historical rank and industry rank for Backblaze's Days Sales Outstanding or its related term are showing as below:

BLZE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.73 Med: 1.4 Max: 3.77
Current: 3.77

During the past 5 years, Backblaze's highest Days Sales Outstanding was 3.77. The lowest was 0.73. And the median was 1.40.

BLZE's Days Sales Outstanding is ranked better than
98.42% of 2726 companies
in the Software industry
Industry Median: 62.195 vs BLZE: 3.77

Backblaze's Days Sales Outstanding increased from Dec. 2022 (3.14) to Dec. 2023 (4.43).

Backblaze Days Sales Outstanding Historical Data

The historical data trend for Backblaze's Days Sales Outstanding 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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Backblaze Days Sales Outstanding Chart

Backblaze Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

0.73

0.98

1.40

2.50

2.96

Backblaze Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial											3.14	3.21	3.00	5.08	4.43

Competitive Comparison of Backblaze's Days Sales Outstanding

For the Software - Infrastructure subindustry, Backblaze's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, Backblaze's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Backblaze's Days Sales Outstanding falls into.

Backblaze Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Backblaze's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (0.856	+	0.8)	/	2 )	/	102.019	*	365
=	0.828					/	102.019	*	365
=	2.96

Backblaze's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (1.991	+	0.8)	/	2 )	/	28.737	*	365 / 4
=	1.3955					/	28.737	*	365 / 4
=	4.43

Backblaze (NAS:BLZE) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Backblaze Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Backblaze's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Backblaze (Backblaze) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Backblaze Inc (NAS:BLZE) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

N/A

Address

500 Ben Franklin Ct, San Mateo, CA, USA, 94401

Website

https://www.backblaze.com

Backblaze Inc provides cloud storage services. The company offers services such as Backblaze B2 Cloud Storage which enables customers to store data, developers to build applications, and partners to expand their use cases. It is offered as a consumption-based Infrastructure-as-a-Service (IaaS) and serves use cases including backups, multi-cloud, application development, and ransomware protection and Backblaze Computer Backup automatically backs up data from laptops and desktops for businesses and individuals. Geographically, it derives a majority of revenue from the United States.

Executives

Tina Cessna	officer: Senior VP, Engineering	500 BEN FRANKLIN CT., SAN MATEO CA 94401
Francis P Patchel	officer: Chief Financial Officer	500 BEN FRANKLIN CT, SAN MATEO CA 94401
Investments Plc Tmt	10 percent owner	13 CASTLE STREET, ST. HELIER Y9 JE1 1ES
Gleb Budman	director, 10 percent owner, officer: See Remarks	500 BEN FRANKLIN CT, SAN MATEO CA 94401
Timothy M Nufire	director, 10 percent owner, officer: Chief Cloud Officer	500 BEN FRANKLIN CT, SAN MATEO CA 94401
Brian K Wilson	director, 10 percent owner, officer: Chief Technology Officer	500 BEN FRANKLIN CT, SAN MATEO CA 94401
Charles J. Jones	10 percent owner	500 BEN FRANKLIN COURT, SAN MATEO CA 94401
Kwok Hang Ng	10 percent owner	500 BEN FRANKLIN COURT, SAN MATEO CA 94401
Clal Insurance Enterprises Holdings Ltd	10 percent owner	36 RAUL WALENBERG ST, TEL-AVIV L3 6136902
Whetstone Capital Advisors, Llc	10 percent owner	2001 SHAWNEE MISSION PARKWAY, SHAWNEE MISSION KS 66205
Jocelyn Carter-miller	director	3698 NW 15TH STREET, LAUDERHILL FL 33311
An Evelyn D	director	1301 NE 103RD STREET, MIAMI SHORES FL 33138
Earl E Fry	director	C/O INFORMATICA CORPORATION, 2100 SEAPORT BLVD., REDWOOD CITY CA 94063
Barbara H Nelson	director	C/O QUANTUM CORP, 501 SYCAORE DR, MILPITAS CA 95035