Broadridge Financial Solutions Inc

NYSE BR

Download Data

Broadridge Financial Solutions Inc Inventory Turnover Ratio 2 year CAGR for the quarter ending December 31, 2023: 446,890.45%

Broadridge Financial Solutions Inc Inventory Turnover Ratio 2 year CAGR is 446,890.45% for the quarter ending December 31, 2023. The inventory turnover ratio measures the efficiency of a company's inventory management by assessing how quickly it sells and replaces its inventory. It is calculated by dividing the cost of revenue by the average inventory value. This ratio indicates the number of times the company's inventory is sold and replaced within a specific period. A higher turnover ratio suggests efficient inventory management, while a lower ratio may indicate slow sales or excess inventory. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Broadridge Financial Solutions Inc Inventory Turnover Ratio for the quarter ending March 31, 2023 was 1,137,700,000.00.
NYSE: BR

Broadridge Financial Solutions Inc

CEO Mr. Timothy C. Gokey
IPO Date April 2, 2007
Location United States
Headquarters 5 Dakota Drive, Lake Success, NY, United States, 11042
Employees 14,000
Sector Technology
Industry Information technology services
Description

Broadridge Financial Solutions, Inc. provides investor communications and technology-driven solutions for the financial services industry. The company's Investor Communication Solutions segment processes and distributes proxy materials to investors in equity securities and mutual funds, as well as facilitates related vote processing services; and distributes regulatory reports, class action, and corporate action/reorganization event information, as well as tax reporting solutions. It also offers ProxyEdge, an electronic proxy delivery and voting solution; data-driven solutions and an end-to-end platform for content management, composition, and omni-channel distribution of regulatory, marketing, and transactional information, as well as mutual fund trade processing services; solutions for public corporations and mutual funds; data and analytics solutions; SEC filing and capital markets transaction services; registrar, stock transfer, and record-keeping services; and omni-channel customer communications solutions, as well as operates Broadridge Communications Cloud platform that creates, delivers, and manages communications and customer engagement activities. Its Global Technology and Operations segment provides solutions that automate the front-to-back transaction lifecycle of equity, mutual fund, fixed income, foreign exchange and exchange-traded derivatives, order capture and execution, trade confirmation, margin, cash management, clearing and settlement, reference data management, reconciliations, securities financing and collateral management, asset servicing, compliance and regulatory reporting, portfolio accounting, and custody-related services. This segment also offers business process outsourcing services; technology solutions, such portfolio management, compliance, fee billing, and operational support solutions; and capital market and wealth and investment management solutions. The company was founded in 1962 and is headquartered in Lake Success, New York.

Similar companies

CACI

CACI International Inc

NA

NA

CDW

CDW Corp

NA

NA

JKHY

Jack Henry & Associates Inc

NA

NA

FIS

Fidelity National Information Services Inc

NA

NA

WNS

WNS Holdings Ltd

NA

NA

PRFT

Perficient Inc

NA

NA

SAIC

Science Applications International Corporation Common Stock

NA

NA

LDOS

Leidos Holdings Inc

NA

NA

INFY

Infosys Ltd ADR

NA

NA

StockViz Staff

September 19, 2024

Any question? Send us an email