Broadridge Financial Solutions Inc (BR)

Receivables turnover

Jun 30, 2024 Jun 30, 2023 Jun 30, 2022 Jun 30, 2021 Jun 30, 2020
Revenue US$ in thousands 6,506,800 5,917,200 5,621,400 4,936,200 4,466,500
Receivables US$ in thousands -9,700 -7,200 -6,800 -9,300 -9,800
Receivables turnover — — — — —

June 30, 2024 calculation

Receivables turnover = Revenue ÷ Receivables
= $6,506,800K ÷ $-9,700K
= —

To calculate Broadridge Financial Solutions Inc's receivables turnover ratio for each year, we need to utilize the formula:

Receivables Turnover = Net Credit Sales / Average Accounts Receivable

Unfortunately, the data provided does not include net credit sales or average accounts receivable for the respective years, making it impossible to calculate the receivables turnover ratio. As a result, an in-depth analysis of Broadridge Financial Solutions Inc's receivables turnover cannot be conducted based on the information provided.