Dayforce Inventory from 2010 to 2024

DAY Stock   79.79  1.09  1.39%   
Dayforce Inventory yearly trend continues to be fairly stable with very little volatility. Inventory will likely drop to about 4 B in 2024. During the period from 2010 to 2024, Dayforce Inventory regression line of annual values had r-squared of  0.07 and arithmetic mean of  3,760,954,000. View All Fundamentals
 
Inventory  
First Reported
2016-12-31
Previous Quarter
B
Current Value
1
Quarterly Volatility
1.4 B
 
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 Inventory Growth Pattern

Below is the plot of the Inventory of Dayforce over the last few years. It is Dayforce's Inventory 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.
Inventory10 Years Trend
Pretty Stable
   Inventory   
       Timeline  

Dayforce Inventory Regression Statistics

Arithmetic Mean3,760,954,000
Geometric Mean3,730,894,184
Coefficient Of Variation12.72
Mean Deviation283,239,200
Median3,734,500,000
Standard Deviation478,410,212
Sample Variance228876.3T
Range2.2B
R-Value0.26
Mean Square Error229298.9T
R-Squared0.07
Significance0.34
Slope28,245,250
Total Sum of Squares3204268.6T

Dayforce Inventory History

2024B
20234.8 B
20224.2 B
20213.5 B
20203.8 B
20193.2 B
20182.6 B

Other Fundumenentals of Dayforce

About Dayforce Financial Statements

Dayforce investors use historical fundamental indicators, such as Dayforce's Inventory, 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
Inventory4.8 BB
Change To Inventory45.4 M26.1 M
Inventory Turnover 0.17  0.12 
Days Of Inventory On Hand2.3 K2.9 K
Days Of Inventory Outstanding2.3 K2.9 K

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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.