Broadridge Financial Solutions Inc (BR)
Working capital 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 |
| Total current assets | US$ in thousands | 1,817,100 | 1,540,900 | 1,392,500 | 1,328,400 | 1,261,300 |
| Total current liabilities | US$ in thousands | 1,861,300 | 1,421,800 | 2,397,800 | 1,313,400 | 1,288,000 |
| Working capital turnover | — | 54.63 | — | 380.61 | — |
June 30, 2025 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $6,889,100K ÷ ($1,817,100K – $1,861,300K)
= —
The analysis of Broadridge Financial Solutions Inc.'s working capital turnover ratio over the specified periods indicates notable fluctuations. During the fiscal year ending June 30, 2022, the company exhibited a substantial working capital turnover ratio of 380.61, reflecting a highly efficient utilization of working capital to generate revenue. Conversely, the data shows that there was no available ratio for the fiscal years ending June 30, 2021, 2023, and 2025, suggesting either insufficient data or the potential absence of comparable working capital figures for those periods.
In the fiscal year ending June 30, 2024, the ratio decreased significantly to 54.63, indicating a reduction in the efficiency of working capital utilization relative to the previous year's high. This notable decline could imply a strategic shift, operational changes, or alterations in working capital management practices that impacted the company's ability to convert working capital into revenue efficiently.
The absence of data for the other periods (June 30, 2021, 2023, and 2025) limits comprehensive trend analysis, but the observed figures for 2022 and 2024 suggest a peak followed by a decline in working capital turnover efficiency. A high ratio such as in 2022 denotes effective management during that period, whereas the decrease in 2024 warrants further investigation into underlying operational or financial strategies affecting working capital management.
Peer comparison
Jun 30, 2025