GURUFOCUS.COM » STOCK LIST » Technology » Software » Broadridge Financial Solutions Inc (BSP:B1RF34) » Definitions » Change In Receivables

Broadridge Financial Solutions (BSP:B1RF34) Change In Receivables : R$3 Mil (TTM As of Dec. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Broadridge Financial Solutions Change In Receivables?

Broadridge Financial Solutions's change in receivables for the quarter that ended in Dec. 2023 was R$187 Mil. It means Broadridge Financial Solutions's Accounts Receivable declined by R$187 Mil from Sep. 2023 to Dec. 2023 .

Broadridge Financial Solutions's change in receivables for the fiscal year that ended in Jun. 2023 was R$95 Mil. It means Broadridge Financial Solutions's Accounts Receivable declined by R$95 Mil from Jun. 2022 to Jun. 2023 .

Broadridge Financial Solutions's Accounts Receivable for the quarter that ended in Dec. 2023 was R$4,372 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. Broadridge Financial Solutions's Days Sales Outstanding for the three months ended in Dec. 2023 was 57.95.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Broadridge Financial Solutions's liquidation value for the three months ended in Dec. 2023 was R$-24,430 Mil.


Broadridge Financial Solutions Change In Receivables Historical Data

The historical data trend for Broadridge Financial Solutions's Change In Receivables can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Broadridge Financial Solutions Change In Receivables Chart

Broadridge Financial Solutions Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -134.56 -173.81 -213.21 -431.07 95.13

Broadridge Financial Solutions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -24.65 -1,162.04 639.72 337.81 187.17

Broadridge Financial Solutions Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was R$3 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Broadridge Financial Solutions  (BSP:B1RF34) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Broadridge Financial Solutions's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4371.602/6884.219*91
=57.95

2. In Ben Graham's calculation of liquidation value, Broadridge Financial Solutions's accounts receivable are only considered to be worth 75% of book value:

Broadridge Financial Solutions's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1357.245-29066.104+0.75 * 4371.602+0.5 * 0
=-24,430

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Broadridge Financial Solutions Change In Receivables Related Terms

Thank you for viewing the detailed overview of Broadridge Financial Solutions's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.


Broadridge Financial Solutions (BSP:B1RF34) Business Description

Traded in Other Exchanges
Address
5 Dakota Drive, Suite 300, Lake Success, NY, USA, 11042
Broadridge Financial Solutions, which was spun off from ADP in 2007, is a leading provider of investor communications and technology-driven solutions to banks, broker/dealers, asset managers, wealth managers, and corporate issuers. Broadridge is composed of two segments: investor communication solutions, or ICS, and global technology and operations, or GTO.

Broadridge Financial Solutions (BSP:B1RF34) Headlines

No Headlines