BlackRock Payables Turnover from 2010 to 2024

BLK Stock  USD 1,044  10.10  0.96%   
BlackRock Payables Turnover yearly trend continues to be quite stable with very little volatility. Payables Turnover may rise above 10.86 this year. Payables Turnover is a liquidity ratio that shows how quickly BlackRock pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
10.33972912
Current Value
10.86
Quarterly Volatility
2.71188148
 
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Yuan Drop
 
Covid
Check BlackRock financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among BlackRock's main balance sheet or income statement drivers, such as Depreciation And Amortization of 405.6 M, Interest Expense of 306.6 M or Selling General Administrative of 1.5 B, as well as many indicators such as Price To Sales Ratio of 4.18, Dividend Yield of 0.0165 or PTB Ratio of 3.58. BlackRock financial statements analysis is a perfect complement when working with BlackRock Valuation or Volatility modules.
  
Check out the analysis of BlackRock Correlation against competitors.
For more information on how to buy BlackRock Stock please use our How to buy in BlackRock Stock guide.

Latest BlackRock's Payables Turnover Growth Pattern

Below is the plot of the Payables Turnover of BlackRock over the last few years. It is a liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable. BlackRock's Payables Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in BlackRock's overall financial position and show how it may be relating to other accounts over time.
Payables Turnover10 Years Trend
Slightly volatile
   Payables Turnover   
       Timeline  

BlackRock Payables Turnover Regression Statistics

Arithmetic Mean6.39
Geometric Mean5.55
Coefficient Of Variation42.42
Mean Deviation2.17
Median6.35
Standard Deviation2.71
Sample Variance7.35
Range10.1659
R-Value0.95
Mean Square Error0.75
R-Squared0.91
Slope0.58
Total Sum of Squares102.96

BlackRock Payables Turnover History

2024 10.86
2023 10.34
2022 7.56
2021 7.92
2020 8.85
2019 8.16
2018 7.35

About BlackRock Financial Statements

BlackRock investors utilize fundamental indicators, such as Payables Turnover, to predict how BlackRock Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Payables Turnover 10.34  10.86 

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When determining whether BlackRock is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if BlackRock Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Blackrock Stock. Highlighted below are key reports to facilitate an investment decision about Blackrock Stock:
Check out the analysis of BlackRock Correlation against competitors.
For more information on how to buy BlackRock Stock please use our How to buy in BlackRock Stock guide.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BlackRock. If investors know BlackRock will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BlackRock listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.023
Dividend Share
5
Earnings Share
40.51
Revenue Per Share
130.415
Quarterly Revenue Growth
0.149
The market value of BlackRock is measured differently than its book value, which is the value of BlackRock that is recorded on the company's balance sheet. Investors also form their own opinion of BlackRock's value that differs from its market value or its book value, called intrinsic value, which is BlackRock's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BlackRock's market value can be influenced by many factors that don't directly affect BlackRock's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BlackRock's value and its price as these two are different measures arrived at by different means. Investors typically determine if BlackRock is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackRock's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.