BlackRock (XSWX:BLK) Change In Receivables: CHF-679 Mil (TTM As of Mar. 2026)

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Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XSWX:BLK BlackRock Inc XSWX:BLK
92 GF Score
Price CHF912.50
GF Value CHF945.75
Valuation Fairly Valued
! 8 Warning Signs
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What is BlackRock Change In Receivables?

BlackRock XSWX:BLK 92 Change In Receivables is CHF-679 Mil as of Mar. 2026. GuruFocus rates XSWX:BLK with a GF Score™ of 92/100 and a GF Value™ of CHF945.75 (Fairly Valued). The stock has 8 warning signs investors should review.

BlackRock's change in receivables for the quarter that ended in Mar. 2026 was CHF-87 Mil. It means BlackRock's Accounts Receivable increased by CHF87 Mil from Dec. 2025 to Mar. 2026 .

BlackRock's change in receivables for the fiscal year that ended in Dec. 2025 was CHF-493 Mil. It means BlackRock's Accounts Receivable increased by CHF493 Mil from Dec. 2024 to Dec. 2025 .

BlackRock's Accounts Receivable for the quarter that ended in Mar. 2026 was CHF4,109 Mil.

Days Sales Outstanding measures of 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. BlackRock's Days Sales Outstanding for the three months ended in Mar. 2026 was 71.10.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. BlackRock's liquidation value for the three months ended in Mar. 2026 was CHF-70,748 Mil.


BlackRock  (XSWX:BLK) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of 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.

BlackRock's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4108.919/5273.335*91
=71.10

2. In Ben Graham's calculation of liquidation value, BlackRock's accounts receivable are only considered to be worth 75% of book value:

BlackRock's liquidation value for the quarter that ended in Mar. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=10349.059-84178.903+0.75 * 4108.919+0.5 * 0
=-70,748

* 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 Change In Receivables Related Terms


BlackRock Change In Receivables Historical Data

* Premium members only.

The historical data trend for BlackRock's Change In Receivables 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.

BlackRock Change In Receivables Chart

BlackRock Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -296.56 387.55 -506.77 -394.98 -493.28

BlackRock Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -7.32 -301.72 -282.10 -87.39 0.00
XSWX:BLK
92GF Score
BlackRock Inc XSWX:BLK
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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BlackRock Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF-679 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of CHF-679 Mil mean?
BlackRock (XSWX:BLK) has a Change In Receivables of CHF-679 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for BlackRock and its competitors.
Is BlackRock's Change In Receivables too high?
BlackRock's current Change In Receivables is CHF-679 Mil. Overall, BlackRock has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does BlackRock's Change In Receivables compare to BX and KKR?
BlackRock's Change In Receivables of CHF-679 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for an Asset Management company?
A good Change In Receivables depends on the Asset Management industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for BlackRock and its competitors. BlackRock's current Change In Receivables is CHF-679 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlackRock stock overvalued right now?
Based on GuruFocus' analysis, BlackRock (XSWX:BLK) is currently considered Fairly Valued. The stock's GF Value™ is CHF945.75, compared to a current price of CHF912.50 — trading 3.5% below its estimated fair value. The current Change In Receivables is CHF-679 Mil. BlackRock's overall GF Score™ is 92/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For BlackRock (XSWX:BLK), the current Change In Receivables is CHF-679 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is BlackRock (XSWX:BLK) Overvalued in 2026?

Based on GuruFocus' analysis, BlackRock stock appears to be undervalued. The current stock price of CHF912.50 is trading 3.5% below its estimated GF Value™ of CHF945.75. GuruFocus considers BlackRock to be Fairly Valued.

Key valuation signals for XSWX:BLK:

  • Change In Receivables: CHF-679 Mil
  • GF Value™: CHF945.75 vs. price of CHF912.50 (3.5% below fair value)
  • GF Score™: 92/100 with 8 warning signs

No single metric tells the full story. See the XSWX:BLK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BlackRock Business Description

Address 50 Hudson Yards, New York, NY, USA, 10001
BlackRock is the largest asset manager in the world, with $14.041 trillion in assets under management at the end of December 2025. Its product mix is diverse, with 55% of managed assets in equity strategies, 23% in fixed income, 9% in multi-asset classes, 6% in money market funds, and 5% in alternatives. Passive strategies account for more than 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 geographically diverse, with clients in more than 100 countries and more than one-third of managed assets coming from investors domiciled outside the US and Canada.
92GF Score

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Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF912.50
Price
CHF945.75
GF Value