BlackRock (MIL:1BLK) Days Sales Outstanding : 75.10 (As of Jun. 2024)

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What is BlackRock Days Sales Outstanding?

BlackRock's average Accounts Receivable for the three months ended in Jun. 2024 was €3,674 Mil. BlackRock's Revenue for the three months ended in Jun. 2024 was €4,464 Mil. Hence, BlackRock's Days Sales Outstanding for the three months ended in Jun. 2024 was 75.10.

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

MIL:1BLK' s Days Sales Outstanding Range Over the Past 10 Years
Min: 64.6 Med: 70.83 Max: 76.4
Current: 76.4

During the past 13 years, BlackRock's highest Days Sales Outstanding was 76.40. The lowest was 64.60. And the median was 70.83.

MIL:1BLK's Days Sales Outstanding is ranked worse than
64.12% of 510 companies
in the Asset Management industry
Industry Median: 50.72 vs MIL:1BLK: 76.40

BlackRock's Days Sales Outstanding declined from Jun. 2023 (75.94) to Jun. 2024 (75.10).

BlackRock Days Sales Outstanding Historical Data

The historical data trend for BlackRock's Days Sales Outstanding 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 Sales Outstanding Chart

BlackRock Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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72.48

79.01

66.62

69.60

74.35

BlackRock Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial															75.94	77.04	77.70	75.89	75.10

Competitive Comparison of BlackRock's Days Sales Outstanding

For the Asset Management subindustry, BlackRock's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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 Sales Outstanding Distribution in the Asset Management Industry

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

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

BlackRock Days Sales Outstanding Calculation

Days Sales Outstanding measures 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.

Accounts Receivable can be measured by Days Sales Outstanding.

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

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (3081.216	+	3590.972)	/	2 )	/	16376.703	*	365
=	3336.094					/	16376.703	*	365
=	74.35

BlackRock's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding (Q: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2024 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (3644.12	+	3703.923)	/	2 )	/	4463.845	*	365 / 4
=	3674.0215					/	4463.845	*	365 / 4
=	75.10

BlackRock (MIL:1BLK) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

BlackRock Days Sales Outstanding Related Terms

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BlackRock Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » BlackRock Inc (MIL:1BLK) » Definitions » Days Sales Outstanding

Comparable Companies

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Address

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

Website

https://www.blackrock.com

BlackRock is the largest asset manager in the world, with $10.646 trillion in assets under management at the end of June 2024. Its product mix is fairly diverse, with 55% of managed assets in equity strategies, 26% in fixed income, 9% in multiasset 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.

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