Dayforce Tax Provision from 2010 to 2024

DAY Stock   79.79  1.09  1.39%   
Dayforce Tax Provision yearly trend continues to be fairly stable with very little volatility. Tax Provision is likely to outpace its year average in 2024. Tax Provision is the amount set aside by Dayforce to cover any estimated taxes for the current period. It reflects Dayforce's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
11.3 M
Current Value
1.8 M
Quarterly Volatility
17.2 M
 
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 Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Dayforce over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Dayforce's Tax Provision 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.
Tax Provision10 Years Trend
Pretty Stable
   Tax Provision   
       Timeline  

Dayforce Tax Provision Regression Statistics

Arithmetic Mean4,480,000
Geometric Mean14,681,867
Coefficient Of Variation623.85
Mean Deviation18,389,333
Median8,600,000
Standard Deviation27,948,274
Sample Variance781.1T
Range101.4M
R-Value0.20
Mean Square Error808.3T
R-Squared0.04
Significance0.48
Slope1,235,000
Total Sum of Squares10935.5T

Dayforce Tax Provision History

202456.7 M
202354 M
202210.5 M
2021-14.9 M
2020-16 M
2019-44.4 M
20187.7 M

About Dayforce Financial Statements

Dayforce investors use historical fundamental indicators, such as Dayforce's Tax Provision, 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
Tax Provision54 M56.7 M

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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.