Dayforce Income Quality from 2010 to 2024

DAY Stock   79.79  1.09  1.39%   
Dayforce Income Quality yearly trend continues to be fairly stable with very little volatility. Income Quality is likely to outpace its year average in 2024. Income Quality is an assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure. View All Fundamentals
 
Income Quality  
First Reported
2010-12-31
Previous Quarter
4.00547445
Current Value
4.21
Quarterly Volatility
2.46226013
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Dayforce financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Dayforce's main balance sheet or income statement drivers, such as Tax Provision of 56.7 M, Depreciation And Amortization of 76.5 M or Interest Expense of 44.8 M, as well as many indicators such as Price To Sales Ratio of 6.63, Dividend Yield of 0.0 or PTB Ratio of 3.3. Dayforce financial statements analysis is a perfect complement when working with Dayforce Valuation or Volatility modules.
  
Check out the analysis of Dayforce Correlation against competitors.
For more information on how to buy Dayforce Stock please use our How to Invest in Dayforce guide.

Latest Dayforce's Income Quality Growth Pattern

Below is the plot of the Income Quality of Dayforce over the last few years. It is an assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure. Dayforce's Income Quality historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Dayforce's overall financial position and show how it may be relating to other accounts over time.
Income Quality10 Years Trend
Slightly volatile
   Income Quality   
       Timeline  

Dayforce Income Quality Regression Statistics

Arithmetic Mean1.30
Coefficient Of Variation189.87
Mean Deviation1.92
Median0.17
Standard Deviation2.46
Sample Variance6.06
Range9.3565
R-Value0.39
Mean Square Error5.54
R-Squared0.15
Significance0.15
Slope0.21
Total Sum of Squares84.88

Dayforce Income Quality History

2024 4.21
2023 4.01
2022 -1.81
2021 -0.65
2020 7.55
2019 0.64
2018 -0.16

About Dayforce Financial Statements

Dayforce investors use historical fundamental indicators, such as Dayforce's Income Quality, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Dayforce. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Quality 4.01  4.21 

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Additional Tools for Dayforce Stock Analysis

When running Dayforce's price analysis, check to measure Dayforce's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dayforce is operating at the current time. Most of Dayforce's value examination focuses on studying past and present price action to predict the probability of Dayforce's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dayforce's price. Additionally, you may evaluate how the addition of Dayforce to your portfolios can decrease your overall portfolio volatility.