Franklin Resources (Franklin Resources) Days Sales Outstanding

: 64.57 (As of Dec. 2023)

View and export this data going back to 1986. Start your Free Trial

Franklin Resources's average Accounts Receivable for the three months ended in Dec. 2023 was $1,409 Mil. Franklin Resources's Revenue for the three months ended in Dec. 2023 was $1,991 Mil. Hence, Franklin Resources's Days Sales Outstanding for the three months ended in Dec. 2023 was 64.57.

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

BEN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 41.05 Med: 54.36 Max: 67.93
Current: 62.61

During the past 13 years, Franklin Resources's highest Days Sales Outstanding was 67.93. The lowest was 41.05. And the median was 54.36.

BEN's Days Sales Outstanding is ranked worse than
58.9% of 511 companies
in the Asset Management industry
Industry Median: 49.92 vs BEN: 62.61

Franklin Resources's Days Sales Outstanding increased from Dec. 2022 (59.30) to Dec. 2023 (64.57).

Franklin Resources Days Sales Outstanding Historical Data

The historical data trend for Franklin Resources'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.

* Premium members only.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 54.30 [6] => 67.93 [7] => 57.64 [8] => 59.39 [9] => 60.76 )

Franklin Resources Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Sales Outstanding

54.30

67.93

57.64

59.39

60.76

Franklin Resources Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding																59.30	61.38	61.24	61.80	64.57

Competitive Comparison

For the Asset Management subindustry, Franklin Resources'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.

Franklin Resources Days Sales Outstanding Distribution

For the Asset Management industry and Financial Services sector, Franklin Resources's Days Sales Outstanding distribution charts can be found below:

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

Franklin Resources 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.

Franklin Resources's Days Sales Outstanding for the fiscal year that ended in Sep. 2023 is calculated as

	Days Sales Outstanding (A: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (1264.8	+	1348.4)	/	2 )	/	7849.4	*	365
=	1306.6					/	7849.4	*	365
=	60.76

Franklin Resources'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
=	( (1348.4	+	1469.6)	/	2 )	/	1991.1	*	365 / 4
=	1409					/	1991.1	*	365 / 4
=	64.57

Franklin Resources (NYSE:BEN) Days Sales Outstanding Explanation

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

Franklin Resources Days Sales Outstanding Related Terms

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

Franklin Resources (Franklin Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Franklin Resources Inc (NYSE:BEN) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

FRK:Germany FRK:Germany

Address

One Franklin Parkway, San Mateo, CA, USA, 94403

Website

https://www.franklinresources.com

Franklin Resources provides investment services for individual and institutional investors. At the end of October 2023, Franklin had $1.335 trillion in managed assets, composed primarily of equity (31%), fixed-income (35%), multi-asset/balanced (11%) funds, alternatives (19%) and money market funds (4%). Distribution tends to be weighted equally between retail investors (50% of AUM) and institutional accounts (48%), with high-net-worth clients accounting for the remainder. Franklin is one of the more global of the U.S.-based asset managers we cover, with more than a third of its assets under management invested in global/international strategies and 29% of managed assets sourced from clients domiciled outside the United States.

Executives

Alok Sethi	officer: Reg. S-K Executive Officer	ONE FRANKLING PARKWAY, SAN MATEO CA 94403
Mariann H Byerwalter	director	C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY 920/2, SAN MATEO CA 94403
Terrence Murphy	officer: Section 16 Officer	CITIGROUP ASSET MANAGEMENT, 300 FIRST STAMFORD PLACE, 4TH FLOOR, STAMFORD CT 06902
Jennifer M Johnson	officer: Senior Vice President	C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403-1906
Jed A. Plafker	officer: Reg. S-K Executive Officer	ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Thomas C Merchant	officer: EVP, General Counsel	LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
Gwen L Shaneyfelt	officer: Chief Accounting Officer	ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Karen Matsushima King	director	C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
John Y Kim	director	51 MADISON AVENUE, NEW YORK NY 10010
John W Thiel	director	C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Alexander S Friedman	director	C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Adam Benjamin Spector	officer: EVP, Global Advisory Services	620 EIGHTH AVENUE, 49TH FLOOR, NEW YORK NY 10018
Craig Steven Tyle	officer: Exec VP and General Counsel	ONE FRANKLIN PARKWAY, SAN MATEO CA 94403-1906
Anthony Noto	director	C/O SOFI TECHNOLOGIES, INC., 234 1ST STREET, SAN FRANCISCO CA 94105
Johnson Rupert H Jr	director, 10 percent owner, officer: Vice Chairman	C/O FRANKLIN RESOURCES INC, ONE FRANKLIN PARKWAY, SAN MATEO CA 94403