Broadridge Financial Solutions Inc (BR)

Receivables turnover

		Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Revenue	US$ in thousands	6,889,100	6,506,800	6,060,900	5,709,100	4,993,700
Receivables	US$ in thousands	1,077,100	1,065,600	974,000	946,900	820,300
Receivables turnover		6.40	6.11	6.22	6.03	6.09

June 30, 2025 calculation

Receivables turnover = Revenue ÷ Receivables
= $6,889,100K ÷ $1,077,100K
= 6.40

The receivables turnover ratios for Broadridge Financial Solutions Inc. over the specified periods indicate a generally stable yet modest fluctuation in the efficiency of collections related to accounts receivable.

In the fiscal year ending June 30, 2021, the receivables turnover was 6.09, reflecting a solid level of receivables collection relative to sales. This ratio experienced a slight decline in the subsequent year, decreasing to 6.03 by June 30, 2022, suggesting a marginal increase in the average number of days receivables remained outstanding or a slight slowdown in collection efficiency.

Toward the fiscal year ending June 30, 2023, the ratio marginally increased to 6.22, indicating a slight improvement in collection processes or sales dynamics. However, in the following year, the ratio slightly decreased again to 6.11 by June 30, 2024, reflecting a minor setback in collection efficiency.

Most notably, in the fiscal year ending June 30, 2025, the receivables turnover increased to 6.40. This upward movement suggests an improvement in the company's ability to collect receivables more frequently within the period, potentially indicating enhanced collection strategies, improved customer credit management, or favorable changes in sales composition.

Overall, the receivables turnover ratios across these years show a pattern of minor fluctuations around a relatively stable mean, with a slight upward trend emerging in the final year. This indicates that Broadridge Financial Solutions Inc. has sustained a consistent level of receivables collection efficiency over the period, with a modest improvement noted most recently.