BlackRock (BlackRock) Days Inventory

: 0.00 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). BlackRock's Average Total Inventories for the three months ended in Dec. 2023 was $0 Mil. BlackRock's Cost of Goods Sold for the three months ended in Dec. 2023 was $2,391 Mil. Hence, BlackRock's Days Inventory for the three months ended in Dec. 2023 was 0.00.

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

BLK's Days Inventory is not ranked ^*
in the Asset Management industry.
Industry Median: 76.365
* Ranked among companies with meaningful Days Inventory only.

BlackRock's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (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. BlackRock's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.

BlackRock Days Inventory Historical Data

The historical data trend for BlackRock'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.

BlackRock Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

BlackRock Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory																-	-	-	-	-

Competitive Comparison

For the Asset Management subindustry, BlackRock'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.

BlackRock Days Inventory Distribution

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

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

BlackRock Days Inventory Calculation

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

BlackRock's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	9431	*	365
=	0					/	9431	*	365
=	0.00

BlackRock's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	2391	*	365 / 4
=	0					/	2391	*	365 / 4
=	0.00

BlackRock (NYSE:BLK) 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.

BlackRock's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2391	/	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.

BlackRock's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	4631
	=	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.

BlackRock Days Inventory Related Terms

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

BlackRock (BlackRock) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » BlackRock Inc (NYSE:BLK) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

BLK:Peru BLK:Mexico 1BLK:Italy BLQAd:UK BLQA:Germany BLQA:Germany BLQA:Germany BLQA:Germany BLAK34:Brazil BLK:Austria

Address

50 Hudson Yards, New York, NY, USA, 10001

Website

https://www.blackrock.com

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.

Executives

Laurence Fink	director, officer: Chairman and CEO	BLACKROCK, INC., 50 HUDSON YARDS, NEW YORK NY 10001
Mark Wiedman	officer: Senior Managing Director	50 HUDSON YARDS, NEW YORK NY 10001
Amin H. Nasser	director	50 HUDSON YARDS, NEW YORK NY 10001
J. Richard Kushel	officer: Senior Managing Director	BLACKROCK, INC., 50 HUDSON YARDS, NEW YORK NY 10001
Martin Small	officer: CFO & Senior Managing Director	50 HUDSON YARDS, NEW YORK NY 10001
Marc D. Comerchero	officer: Principal Accounting Officer	BLACKROCK, INC., 50 HUDSON YARDS, NEW YORK NY 10001
Stephen Cohen	officer: Senior Managing Director	55 EAST 52ND STREET, NEW YORK NY 10055
Caroline Heller	officer: Senior Managing Director	50 HUDSON YARDS, NEW YORK NY 10001
Manish Mehta	officer: Senior Managing Director	55 EAST 52ND STREET, NEW YORK NY 10055
Rachel Lord	officer: Senior Managing Director	55 EAST 52ND STREET, NEW YORK NY 10055
Mark Mccombe	officer: Senior Managing Director	BLACKROCK, INC., 55 EAST 52ND STREET, NEW YORK NY 10055
Robert Kapito	director, officer: President	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
William E Ford	director	55 EAST 52ND STREET, 32ND FLOOR, NEW YORK NY 10055
Kristin C Peck	director	C/O ZOETIS INC., 10 SYLVAN WAY, PARSIPPANY NJ 07054
Beth Ford	director	C/O CORPORATE SECRETARY SCHOLASTIC CORP, 557 BROADWAY, NEW YORK NY 10012