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Waddell & Reed Financial (Waddell & Reed Financial) Days Inventory : 0.00 (As of Mar. 2021)


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What is Waddell & Reed Financial Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Waddell & Reed Financial's Average Total Inventories for the three months ended in Mar. 2021 was $0 Mil. Waddell & Reed Financial's Cost of Goods Sold for the three months ended in Mar. 2021 was $237 Mil. Hence, Waddell & Reed Financial's Days Inventory for the three months ended in Mar. 2021 was 0.00.

The historical rank and industry rank for Waddell & Reed Financial's Days Inventory or its related term are showing as below:

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

Waddell & Reed Financial's Days Inventory stayed the same from Mar. 2020 (0.00) to Mar. 2021 (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. Waddell & Reed Financial's Inventory-to-Revenue for the three months ended in Mar. 2021 was 0.00.


Waddell & Reed Financial Days Inventory Historical Data

The historical data trend for Waddell & Reed Financial'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.

Waddell & Reed Financial Days Inventory Chart

Waddell & Reed Financial Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Days Inventory
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Waddell & Reed Financial Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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Competitive Comparison of Waddell & Reed Financial's Days Inventory

For the Asset Management subindustry, Waddell & Reed Financial'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.


Waddell & Reed Financial's Days Inventory Distribution in the Asset Management Industry

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

* The bar in red indicates where Waddell & Reed Financial's Days Inventory falls into.



Waddell & Reed Financial Days Inventory Calculation

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

Waddell & Reed Financial's Days Inventory for the fiscal year that ended in Dec. 2020 is calculated as

Days Inventory (A: Dec. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2019 ) + Total Inventories (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (0 + 0) / 1 ) / 757.289*365
=0 / 757.289*365
=0.00

Waddell & Reed Financial's Days Inventory for the quarter that ended in Mar. 2021 is calculated as:

Days Inventory (Q: Mar. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2020 ) + Total Inventories (Q: Mar. 2021 )) / count ) / Cost of Goods Sold (Q: Mar. 2021 )*Days in Period
=( (0 + 0) / 1 ) / 237.19*365 / 4
=0 / 237.19*365 / 4
=0.00

* 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.


Waddell & Reed Financial  (NYSE:WDR) 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.

Waddell & Reed Financial's Inventory Turnover for the three months ended in Mar. 2021 is calculated as

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.

Waddell & Reed Financial's Inventory to Revenue for the three months ended in Mar. 2021 is calculated as

* 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.


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.


Waddell & Reed Financial Days Inventory Related Terms

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


Waddell & Reed Financial (Waddell & Reed Financial) Business Description

Traded in Other Exchanges
N/A
Address
6300 Lamar Avenue, Overland Park, KS, USA, 66202
Waddell & Reed is a midsize asset manager that had $74.8 billion in assets under management at the end of 2020. The firm provides investment services for individual and institutional investors. Retail distribution, which accounts for 95% of managed assets, is handled through the company's own registered investment advisors (58% of AUM) and third-party broker/dealers and advisors (37%) in the wholesale channel. Equity-driven strategies account for an estimated 80% of total AUM, with fixed-income (18%) and money market (2%) offerings accounting for the remainder. The company has no discernible reach outside the United States.
Executives
Daniel P Hanson officer: SVP & CIO 6300 LAMAR AVENUE OVERLAND PARK KS 66202
Mark P. Buyle officer: SVP, GC, CLO and Secretary 6300 LAMAR AVENUE OVERLAND PARK KS 66202
Shawn M. Mihal officer: SVP - Wealth Management 6300 LAMAR AVENUE OVERLAND PARK KS 66202
Amy J. Scupham officer: SVP - Distribution 6300 LAMAR AVENUE OVERLAND PARK KS 66202
Christopher W. Rackers officer: SVP and CAO 6300 LAMAR AVENUE OVERLAND PARK KS 66202
Benjamin R Clouse officer: SVP & CFO 11440 TOMAHAWK CREEK PARKWAY, LEAWOOD KS 66211
Michael John Daley officer: VP - Chief Acct Off,IR & Treas 11440 TOMAHAWK CREEK PARKWAY, LEAWOOD KS 66211
Brent K Bloss officer: President 6300 LAMAR AVE OVERLAND PARK KS 66202
Philip James Sanders director, officer: CEO 6300 LAMAR AVENUE, OVERLAND PARK KS 66202
Kline Katherine M. A. director 100 PIER 1 PLACE, FORT WORTH TX 76102
Weaver Constance K director 2900 ESPERANZA CROSSING, 2ND FLOOR, AUSTIN TX 78758
Sharilyn S Gasaway director ONE ALLIED DRIVE, LITTLE ROCK AR 72202
James A. Jessee director 6300 LAMAR AVENUE OVERLAND PARK KS 66202
Alan W Kosloff director 6300 LAMAR AVE OVERLAND PARK KS 66202
Thomas C Godlasky director 6300 LAMAR AVENUE OVERLAND PARK KS 66202

Waddell & Reed Financial (Waddell & Reed Financial) Headlines

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