Blend Labs's average Accounts Receivable for the
three
months ended in Mar. 2024 was $18.3 Mil. Blend Labs's Revenue for the
three
months ended in Mar. 2024 was $34.9 Mil.
Hence, Blend Labs's Days Sales Outstanding for the
three
months ended in Mar. 2024 was 47.68.
The historical rank and industry rank for Blend Labs's Days Sales Outstanding or its related term are showing as below:
BLND'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 20.91 Med: 38.18 Max: 47.78
Current: 46.01
During the past 5 years, Blend Labs's highest Days Sales Outstanding was 47.78. The lowest was 20.91. And the median was 38.18.
BLND's Days Sales Outstanding is ranked better than 70.05% of 2735
companies
in the Software industry
Industry Median: 61.83
vs BLND: 46.01
Blend Labs's Days Sales Outstanding
declined
from Mar. 2023 (52.07) to Mar. 2024 (47.68).
Blend Labs Days Sales Outstanding Historical Data
The historical data trend for Blend Labs'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.
Competitive Comparison of Blend Labs's Days Sales Outstanding
For the Software - Application subindustry, Blend Labs'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.
Blend Labs's Days Sales Outstanding Distribution in the Software Industry
For the Software industry and Technology sector, Blend Labs's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where Blend Labs's Days Sales Outstanding falls into.
Blend Labs 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.
* 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 Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Blend Labs Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of Blend Labs's Days Sales Outstanding 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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
BLND has been successfully added to your 