Dayforce Receivables Turnover from 2010 to 2024

DAY Stock   79.79  1.09  1.39%   
Dayforce Receivables Turnover yearly trend continues to be fairly stable with very little volatility. Receivables Turnover is likely to outpace its year average in 2024. During the period from 2010 to 2024, Dayforce Receivables Turnover regression line of annual values had r-squared of  0.40 and arithmetic mean of  9.60. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
6.61582168
Current Value
9.86
Quarterly Volatility
1.7256524
 
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 Receivables Turnover Growth Pattern

Below is the plot of the Receivables Turnover of Dayforce over the last few years. It is Dayforce's Receivables Turnover 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.
Receivables Turnover10 Years Trend
Slightly volatile
   Receivables Turnover   
       Timeline  

Dayforce Receivables Turnover Regression Statistics

Arithmetic Mean9.60
Geometric Mean9.44
Coefficient Of Variation17.97
Mean Deviation1.49
Median10.71
Standard Deviation1.73
Sample Variance2.98
Range4.9757
R-Value(0.64)
Mean Square Error1.91
R-Squared0.40
Significance0.01
Slope(0.25)
Total Sum of Squares41.69

Dayforce Receivables Turnover History

2024 9.86
2023 6.62
2022 6.92
2021 7.0
2020 8.33
2019 10.25
2018 11.59

About Dayforce Financial Statements

Dayforce investors use historical fundamental indicators, such as Dayforce's Receivables Turnover, 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
Receivables Turnover 6.62  9.86 

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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.