Bank of New York Mellon

NYSE BK

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Bank of New York Mellon Days Sales Outstanding (DSO) 3 year CAGR for the year ending December 31, 2023: 97.70%

Bank of New York Mellon Days Sales Outstanding (DSO) 3 year CAGR is 97.70% for the year ending December 31, 2023, a 762.81% change year over year. The days sales outstanding ratio measures the average number of days it takes for a company to collect payment from its customers. It is calculated by dividing receivables by revenue and then multiplying by 365. This ratio indicates the average collection period for accounts receivable and provides insights into the effectiveness of the company's credit and collection policies. A shorter period indicates faster collection and better cash flow management. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

Bank of New York Mellon Days Sales Outstanding (DSO) for the year ending December 31, 2022 was 19.53, a -85.83% change year over year.
Bank of New York Mellon Days Sales Outstanding (DSO) for the year ending December 31, 2021 was 137.82, a 1,045.53% change year over year.
Bank of New York Mellon Days Sales Outstanding (DSO) for the year ending December 31, 2020 was 12.03, a -15.02% change year over year.
Bank of New York Mellon Days Sales Outstanding (DSO) for the year ending December 31, 2019 was 14.16, a -12.58% change year over year.

NYSE: BK

Bank of New York Mellon

CEO	Mr. Robin Antony Vince
IPO Date	May 3, 1973
Location	United States
Headquarters	240 Greenwich Street, New York, NY, United States, 10286
Employees	52,100
Sector	Financial Services
Industry	Asset management

Description

The Bank of New York Mellon Corporation provides a range of financial products and services in the United States and internationally. The company operates through Securities Services, Market and Wealth Services, Investment and Wealth Management, and other segments. The Securities Services segment offers custody, trust and depositary, accounting, exchange-traded funds, middle-office solutions, transfer agency, services for private equity and real estate funds, foreign exchange, securities lending, liquidity/lending services, and data analytics. This segment also provides trustee, paying agency, fiduciary, escrow and other financial, issuer, and support services for brokers and investors. The Market and Wealth Services segment offers clearing and custody, investment, wealth and retirement solutions, technology and enterprise data management, trading, and prime brokerage services. This segment also provides integrated cash management solutions, including payments, foreign exchange, liquidity management, receivables processing and payables management, and trade finance and processing services. The Investment and Wealth Management segment offers investment management strategies and distribution of investment products, investment management, custody, wealth and estate planning, private banking, investment, and information management services. The Other segment engages in the provision of leasing, corporate treasury, derivative and other trading, corporate and bank-owned life insurance, renewable energy investment, and business exit services. It serves central banks and sovereigns, financial institutions, asset managers, insurance companies, corporations, local authorities and high net-worth individuals, and family offices. The Bank of New York Mellon Corporation was founded in 1784 and is headquartered in New York, New York.

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