BlackRock's average Accounts Receivable for the
three
months ended in Dec. 2023 was $3,901 Mil. BlackRock's Revenue for the
three
months ended in Dec. 2023 was $4,631 Mil.
Hence, BlackRock's Days Sales Outstanding for the
three
months ended in Dec. 2023 was 76.87.
The historical rank and industry rank for BlackRock's Days Sales Outstanding or its related term are showing as below:
BLK'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 64.6 Med: 70.83 Max: 75.61
Current: 73.43
During the past 13 years, BlackRock's highest Days Sales Outstanding was 75.61. The lowest was 64.60. And the median was 70.83.
BLK's Days Sales Outstanding is ranked worse than 64.06% of 512
companies
in the Asset Management industry
Industry Median: 49.845
vs BLK: 73.43
BlackRock's Days Sales Outstanding
increased
from Dec. 2022 (69.69) to Dec. 2023 (76.87).
BlackRock Days Sales Outstanding Historical Data
The historical data trend for BlackRock'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 BlackRock's Days Sales Outstanding
For the Asset Management subindustry, BlackRock'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.
BlackRock's Days Sales Outstanding Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, BlackRock's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where BlackRock's Days Sales Outstanding falls into.
BlackRock 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.
BlackRock (NYSE:BLK) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
BlackRock Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of BlackRock's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
BlackRock is the largest asset manager in the world, with $9.101 trillion in AUM at the end of September 2023. Product mix is fairly diverse, with 52% of the firm's managed assets in equity strategies, 28% in fixed income, 9% in multi-asset class, 8% in money market funds, and 3% in alternatives. Passive strategies account for around two thirds of long-term AUM, with the company's ETF platform maintaining a leading market share domestically and on a global basis. Product distribution is weighted more toward institutional clients, which by our calculations account for around 80% of AUM. BlackRock is also geographically diverse, with clients in more than 100 countries and more than one third of managed assets coming from investors domiciled outside the U.S. and Canada.
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