BlackRock (WBO:BLK) Days Inventory : 0.00 (As of Sep. 2024)

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What is BlackRock Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). BlackRock's Average Total Inventories for the three months ended in Sep. 2024 was €0 Mil. BlackRock's Cost of Goods Sold for the three months ended in Sep. 2024 was €2,289 Mil. Hence, BlackRock's Days Inventory for the three months ended in Sep. 2024 was 0.00.

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

WBO:BLK's Days Inventory is not ranked ^*
in the Asset Management industry.
Industry Median: 78.21
* Ranked among companies with meaningful Days Inventory only.

BlackRock's Days Inventory stayed the same from Sep. 2023 (0.00) to Sep. 2024 (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 Sep. 2024 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 Days Inventory Chart

BlackRock Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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BlackRock Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of BlackRock's Days Inventory

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's Days Inventory Distribution in the Asset Management Industry

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 )	/	8474.914	*	365
=	0					/	8474.914	*	365
=	0.00

BlackRock's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

	Days Inventory (Q: Sep. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	2288.54	*	365 / 4
=	0					/	2288.54	*	365 / 4
=	0.00

BlackRock (WBO: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 Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2288.54	/	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 Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	4682.497
	=	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

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BlackRock Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

BLK:USA BLK:Mexico 1BLK:Italy 0QZZ:UK UU2:Germany UU2:Germany UU2:Germany UU2:Germany BLK:Canada BLAK34:Brazil

Address

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

Website

https://www.blackrock.com

BlackRock is the largest asset manager in the world, with $11.475 trillion in assets under management at the end of September 2024. Its product mix is fairly diverse, with 55% of managed assets in equity strategies, 26% in fixed income, 9% in multi-asset classes, 7% 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 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.