Franklin Resources (Franklin Resources) Days Inventory : 0.00 (As of Dec. 2023)

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

What is Franklin Resources Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Franklin Resources's Average Total Inventories for the three months ended in Dec. 2023 was $0 Mil. Franklin Resources's Cost of Goods Sold for the three months ended in Dec. 2023 was $772 Mil. Hence, Franklin Resources's Days Inventory for the three months ended in Dec. 2023 was 0.00.

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

BEN's Days Inventory is not ranked ^*
in the Asset Management industry.
Industry Median: 75.96
* Ranked among companies with meaningful Days Inventory only.

Franklin Resources'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. Franklin Resources's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.

Franklin Resources Days Inventory Historical Data

The historical data trend for Franklin Resources'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.

Franklin Resources Days Inventory Chart

Franklin Resources Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Inventory

Get a 7-Day Free Trial

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 Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Franklin Resources's Days Inventory

For the Asset Management subindustry, Franklin Resources'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.

Franklin Resources's Days Inventory Distribution in the Asset Management Industry

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

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

Franklin Resources Days Inventory Calculation

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

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

	Days Inventory (A: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	5107.1	*	365
=	0					/	5107.1	*	365
=	0.00

Franklin Resources'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 )	/	771.7	*	365 / 4
=	0					/	771.7	*	365 / 4
=	0.00

Franklin Resources (NYSE:BEN) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	771.7	/	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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	1991.1
	=	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.

Franklin Resources Days Inventory Related Terms

Thank you for viewing the detailed overview of Franklin Resources's Days Inventory 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 Inventory

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