Broadridge Financial Solutions Inc (BR)

The number of days of payables for Broadridge Financial Solutions Inc demonstrates notable fluctuations over the specified period. As of June 30, 2021, the company settled its payables in approximately 25.44 days, indicating a relatively moderate accounts payable period. This figure decreased to around 21.71 days by June 30, 2022, suggesting that the company paid its suppliers more quickly during that year. The downward trend continued markedly into June 30, 2023, with the payables period reaching an even lower value of approximately 13.43 days, which may reflect improvements in cash flow management, increased liquidity, or strategic changes in payment policies.

However, this trend reversed in the subsequent year, with the number of payables days increasing back to roughly 25.06 days by June 30, 2024. This reversion could indicate a strategic shift towards extending payment terms, possibly to optimize cash retention or manage working capital more effectively. By June 30, 2025, the payables period decreased again to approximately 16.92 days, suggesting a partial reversion towards earlier payment practices but still remaining below the levels observed in 2021.

Overall, these variations in the days of payables reflect the company's evolving approach to managing its accounts payable cycle. The initial reduction may signal efforts to strengthen supplier relationships or improve liquidity position, while the subsequent increase indicates a potential preference for longer payment cycles. The fluctuations highlight the company's responsiveness to operational needs, liquidity considerations, and strategic priorities within the period analyzed.

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Jun 30, 2025