BlackRock Payables Turnover from 2010 to 2024

BYM Stock  USD 11.71  0.11  0.95%   
BlackRock Municipal Payables Turnover yearly trend continues to be very stable with very little volatility. Payables Turnover is likely to drop to 0.83. Payables Turnover is a liquidity ratio that shows how quickly BlackRock Municipal Income pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
0.87748254
Current Value
0.83
Quarterly Volatility
0.87698188
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check BlackRock Municipal financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among BlackRock Municipal's main balance sheet or income statement drivers, such as Interest Expense of 5.9 M, Selling General Administrative of 3 M or Total Revenue of 17.8 M, as well as many indicators such as Price To Sales Ratio of 14.91, Dividend Yield of 0.0419 or PTB Ratio of 1.01. BlackRock financial statements analysis is a perfect complement when working with BlackRock Municipal Valuation or Volatility modules.
  
Check out the analysis of BlackRock Municipal Correlation against competitors.

Latest BlackRock Municipal's Payables Turnover Growth Pattern

Below is the plot of the Payables Turnover of BlackRock Municipal Income 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 Municipal's Payables Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in BlackRock Municipal'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 Mean2.43
Geometric Mean2.17
Coefficient Of Variation36.10
Mean Deviation0.68
Median2.85
Standard Deviation0.88
Sample Variance0.77
Range2.3358
R-Value(0.69)
Mean Square Error0.44
R-Squared0.47
Significance0
Slope(0.13)
Total Sum of Squares10.77

BlackRock Payables Turnover History

2024 0.83
2023 0.88
2022 0.52

About BlackRock Municipal Financial Statements

BlackRock Municipal 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 0.88  0.83 

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When determining whether BlackRock Municipal is a strong investment it is important to analyze BlackRock Municipal's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact BlackRock Municipal's future performance. For an informed investment choice regarding BlackRock Stock, refer to the following important reports:
Check out the analysis of BlackRock Municipal Correlation against competitors.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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 Municipal. 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 Municipal 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
(0.33)
Dividend Share
0.572
Earnings Share
0.53
Revenue Per Share
0.874
Quarterly Revenue Growth
(0.01)
The market value of BlackRock Municipal 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 Municipal's value that differs from its market value or its book value, called intrinsic value, which is BlackRock Municipal'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 Municipal's market value can be influenced by many factors that don't directly affect BlackRock Municipal'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 Municipal's value and its price as these two are different measures arrived at by different means. Investors typically determine if BlackRock Municipal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackRock Municipal'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.