Paycom Software (BSP:P1YC34) Change In Inventory : R$0 Mil (TTM As of Mar. 2024)

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What is Paycom Software Change In Inventory?

Paycom Software's change in inventory for the quarter that ended in Mar. 2024 was R$1 Mil. It means Paycom Software's inventory declined by R$1 Mil from Dec. 2023 to Mar. 2024 .

Paycom Software's change in inventory for the fiscal year that ended in Dec. 2023 was R$1 Mil. It means Paycom Software's inventory declined by R$1 Mil from Dec. 2022 to Dec. 2023 .

Paycom Software's Total Inventories for the quarter that ended in Mar. 2024 was R$9 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Paycom Software's Days Inventory for the quarter that ended in Mar. 2024 was 1.84.

Inventory Turnover measures how fast the company turns over its inventory within a year. Paycom Software's Inventory Turnover for the quarter that ended in Mar. 2024 was 49.65.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Paycom Software's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Paycom Software Change In Inventory Historical Data

The historical data trend for Paycom Software's Change In Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Paycom Software Change In Inventory Chart

Paycom Software Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-1.65

-0.21

2.72

-1.18

1.10

Paycom Software Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															2.01	-0.24	0.19	-0.74	0.91

Paycom Software Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R$0 Mil.

Paycom Software (BSP:P1YC34) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Paycom Software's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	7.887	/	391.566	*	365 / 4
	=	1.84

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Paycom Software's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	391.566	/	7.887
	=	49.65

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Paycom Software's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	7.887	/	2489.307
	=	0.00

Paycom Software Change In Inventory Related Terms

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Paycom Software (BSP:P1YC34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Paycom Software Inc (BSP:P1YC34) » Definitions » Change In Inventory

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Traded in Other Exchanges

PAYC:USA PAYC:Mexico

Address

7501 W. Memorial Road, Oklahoma, OK, USA, 73142

Website

https://www.paycom.com

Paycom is a fast-growing provider of payroll and human capital management, or HCM, software primarily targeting clients with 50-10,000 employees in the United States. Paycom was established in 1998 and services about 19,000 clients as of 2022, based on parent company grouping. Alongside its core payroll software, Paycom offers various HCM add-on modules, including time and attendance, talent management, and benefits administration.

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