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.