Franklin Resources (Franklin Resources) Inventory Turnover

: 0.00 (As of Dec. 2023)

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Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Franklin Resources's Cost of Goods Sold for the three months ended in Dec. 2023 was $772 Mil. Franklin Resources's Average Total Inventories for the quarter that ended in Dec. 2023 was $0 Mil.

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 three months ended in Dec. 2023 was 0.00.

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 quarter that ended in Dec. 2023 was 0.00.

Franklin Resources Inventory Turnover Historical Data

The historical data trend for Franklin Resources's Inventory Turnover 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.

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Franklin Resources Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Inventory Turnover

Franklin Resources Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover																-	-	-	-	-

Franklin Resources Inventory Turnover Calculation

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

	Inventory Turnover (A: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Sep. 2023 )	/ (	(Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )
=	5107.1	/ (	(0	+	0)	/	1 )
=	5107.1	/	0
=	N/A

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

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	771.7	/ (	(0	+	0)	/	1 )
=	771.7	/	0
=	N/A

Franklin Resources (NYSE:BEN) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. 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 three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	0	/	771.7	*	365 / 4
	=	0.00

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 quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	0	/	1991.1
	=	0.00

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Franklin Resources Inventory Turnover Related Terms

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Franklin Resources (Franklin Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Franklin Resources Inc (NYSE:BEN) » Definitions » Inventory Turnover

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