Legg Mason (Legg Mason) Days Inventory : 0.00 (As of Jun. 2020)

View and export this data going back to 1983. Start your Free Trial

What is Legg Mason Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Legg Mason's Average Total Inventories for the three months ended in Jun. 2020 was $0 Mil. Legg Mason's Cost of Goods Sold for the three months ended in Jun. 2020 was $445 Mil. Hence, Legg Mason's Days Inventory for the three months ended in Jun. 2020 was 0.00.

The historical rank and industry rank for Legg Mason's Days Inventory or its related term are showing as below:

LM's Days Inventory is not ranked ^*
in the Asset Management industry.
Industry Median: 75.96
* Ranked among companies with meaningful Days Inventory only.

Legg Mason's Days Inventory stayed the same from Jun. 2019 (0.00) to Jun. 2020 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Legg Mason's Inventory-to-Revenue for the three months ended in Jun. 2020 was 0.00.

Legg Mason Days Inventory Historical Data

The historical data trend for Legg Mason's Days Inventory 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.

* Premium members only.

Legg Mason Days Inventory Chart

Legg Mason Annual Data

Trend

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Days Inventory

Get a 7-Day Free Trial

Legg Mason Quarterly Data
	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Legg Mason's Days Inventory

For the Asset Management subindustry, Legg Mason's Days Inventory, along with its competitors' market caps and Days Inventory 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.

Legg Mason's Days Inventory Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Legg Mason's Days Inventory distribution charts can be found below:

* The bar in red indicates where Legg Mason's Days Inventory falls into.

Legg Mason Days Inventory Calculation

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

Legg Mason's Days Inventory for the fiscal year that ended in Mar. 2020 is calculated as

	Days Inventory (A: Mar. 2020 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2019 )	+	Total Inventories (A: Mar. 2020 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2020 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	1850.115	*	365
=	0					/	1850.115	*	365
=	0.00

Legg Mason's Days Inventory for the quarter that ended in Jun. 2020 is calculated as:

	Days Inventory (Q: Jun. 2020 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2020 )	+	Total Inventories (Q: Jun. 2020 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2020 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	444.557	*	365 / 4
=	0					/	444.557	*	365 / 4
=	0.00

Legg Mason (NYSE:LM) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Legg Mason's Inventory Turnover for the three months ended in Jun. 2020 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	444.557	/	0
	=

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.

Legg Mason's Inventory to Revenue for the three months ended in Jun. 2020 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	666.186
	=	0.00

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Legg Mason Days Inventory Related Terms

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

Legg Mason (Legg Mason) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Legg Mason Inc (NYSE:LM) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 International Drive, Baltimore, MD, USA, 21202-1099

Website

https://www.leggmason.com

Legg Mason provides investment management services for institutional and individual investors. The firm had $783.4 billion in managed assets at the end of June, spread among its equity (25% of total AUM), fixed-income (57%), alternatives (9%), and money market (9%) investment platforms. Legg Mason uses a multiaffiliate business model, with its single- largest affiliate, Western Asset Management, accounting for more than 60% of managed assets. Other major affiliates include ClearBridge Investments (more than 15% of AUM), Brandywine (less than 10%), and Clarion Partners (less than 10%). The remaining affiliates--Martin Currie, Royce & Associates, EnTrustPermal, QS Investors, and RARE Infrastructure--each account for 2% or less of Legg Mason's managed assets.