Broadridge Financial Solutions Inc (BR)
Days of sales outstanding (DSO)
| Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| DSO | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
June 30, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
Based on the data provided for Broadridge Financial Solutions Inc, the Days Sales Outstanding (DSO) ratio indicates the average number of days it takes for the company to collect its accounts receivable. However, without specific DSO values, it is challenging to analyze the trend and efficiency of Broadridge's accounts receivable management over the specified periods.
To conduct a more in-depth analysis, it would be necessary to calculate the DSO for each period by using the formula:
DSO = (Accounts Receivable / Total Credit Sales) x Number of Days in the Period
By comparing the DSO figures over multiple periods, analysts can assess changes in the company's collection efficiency and ascertain if there are any concerning trends in the accounts receivable turnover.
It is recommended for stakeholders to track the DSO ratio regularly and compare it against industry benchmarks to evaluate Broadridge Financial Solutions Inc's performance in managing its accounts receivable effectively.
Peer comparison
Jun 30, 2024