Broadridge Financial Solutions Inc (BR)
Days of sales outstanding (DSO)
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | — | — | — | — | — | |
| DSO | days | — | — | — | — | — |
June 30, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
To analyze Broadridge Financial Solutions Inc's Days Sales Outstanding (DSO) over the past five years, we need to compare the DSO figures for each year. DSO measures the average number of days it takes for a company to collect payment after making a sale.
A decreasing trend in DSO indicates that the company is collecting payments more efficiently, while an increasing trend may suggest issues with accounts receivable management or potential collection difficulties.
Unfortunately, without specific data for each year, we cannot perform a detailed analysis of Broadridge Financial Solutions Inc's DSO performance. It is crucial to monitor DSO regularly to ensure efficient cash flow management and timely collection of revenues.
To provide a more in-depth analysis and assess the company's effectiveness in managing its accounts receivable, we would need access to the specific DSO figures for each year and compare them against industry benchmarks and historical trends.
Peer comparison
Jun 30, 2024