JPMorgan Chase & Co

NYSE JPM

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JPMorgan Chase & Co Days Sales Outstanding (DSO) 2 year CAGR for the year ending December 31, 2023: -27.33%

JPMorgan Chase & Co Days Sales Outstanding (DSO) 2 year CAGR is -27.33% for the year ending December 31, 2023, a -852.18% 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.
  • JPMorgan Chase & Co Days Sales Outstanding (DSO) for the year ending December 31, 2022 was 556.32, a 16.17% change year over year.
  • JPMorgan Chase & Co Days Sales Outstanding (DSO) for the year ending December 31, 2021 was 478.88, a -7.55% change year over year.
  • JPMorgan Chase & Co Days Sales Outstanding (DSO) for the year ending December 31, 2020 was 517.99, a 27.46% change year over year.
  • JPMorgan Chase & Co Days Sales Outstanding (DSO) for the year ending December 31, 2019 was 406.40, a -9.34% change year over year.
NYSE: JPM

JPMorgan Chase & Co

CEO Mr. James Dimon
IPO Date Oct. 6, 1978
Location United States
Headquarters 383 Madison Avenue, New York, NY, United States, 10179
Employees 311,921
Sector Financial Services
Industry Banks - diversified
Description

JPMorgan Chase & Co. operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment offers deposit, investment and lending products, cash management, and payments and services; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit cards, auto loans, leases, and travel services to consumers and small businesses through bank branches, ATMs, and digital and telephone banking. The CIB segment provides investment banking products and services, including corporate strategy and structure advisory, and equity and debt market capital-raising services, as well as loan origination and syndication; payments; and cash and derivative instruments, risk management solutions, prime brokerage, and research. This segment also offers securities services, including custody, fund accounting and administration, and securities lending products for asset managers, insurance companies, and public and private investment funds. The CB segment provides financial solutions, including lending, payments, investment banking, and asset management to small and midsized companies, local governments, nonprofit clients, and large corporations, as well as investors, developers, and owners of multifamily, office, retail, industrial, and affordable housing properties. The AWM segment offers multi-asset investment management solutions in equities, fixed income, alternatives, and money market funds to institutional clients and retail investors; and retirement products and services, brokerage, custody, estate planning, lending, deposits, and investment management products to high net worth clients. JPMorgan Chase & Co. was founded in 1799 and is headquartered in New York, New York.

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StockViz Staff

September 20, 2024

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