Based on continuous wavelet transformation analysis, the daily solar mean magnetic field (SMMF) from 1975 May 16 to 2014 July 31 is analyzed to reveal its rotational behavior. Both the recurrent plot in Bartels form and the continuous wavelet transformation analysis show the existence of rotational modulation in the variation of the daily SMMF. The dependence of the rotational cycle lengths on solar cycle phase is also studied, which indicates that the yearly mean rotational cycle lengths generally seem to be longer during the rising phase of solar cycles and shorter during the declining phase. The mean rotational cycle length for the rising phase of all of the solar cycles in the considered time is 28.28 +/- 0.67 days, while for the declining phase it is 27.32 +/- 0.64 days. The difference of the mean rotational cycle lengths between the rising phase and the declining phase is 0.96 days. The periodicity analysis, through the use of an auto-correlation function, indicates that the rotational cycle lengths have a significant period of about 10.1 years. Furthermore, the cross-correlation analysis indicates that there exists a phase difference between the rotational cycle lengths and solar activity.