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Paylocity Holding's average Accounts Receivable for the three months ended in Mar. 2024 was $33 Mil. Paylocity Holding's Revenue for the three months ended in Mar. 2024 was $401 Mil. Hence, Paylocity Holding's Days Sales Outstanding for the three months ended in Mar. 2024 was 7.53.
The historical rank and industry rank for Paylocity Holding's Days Sales Outstanding or its related term are showing as below:
During the past 13 years, Paylocity Holding's highest Days Sales Outstanding was 8.03. The lowest was 2.21. And the median was 2.84.
Paylocity Holding's Days Sales Outstanding increased from Mar. 2023 (6.98) to Mar. 2024 (7.53).
The historical data trend for Paylocity Holding's Days Sales Outstanding 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.
Paylocity Holding Annual Data | |||||||||||||||||||||
Trend | Jun14 | Jun15 | Jun16 | Jun17 | Jun18 | Jun19 | Jun20 | Jun21 | Jun22 | Jun23 | |||||||||||
Days Sales Outstanding | Get a 7-Day Free Trial | 3.05 | 3.02 | 3.21 | 4.71 | 6.35 |
Paylocity Holding Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Days Sales Outstanding | Get a 7-Day Free Trial | 6.98 | 7.77 | 7.93 | 8.75 | 7.53 |
For the Software - Application subindustry, Paylocity Holding's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the Software industry and Technology sector, Paylocity Holding's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where Paylocity Holding's Days Sales Outstanding falls into.
Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.
Accounts Receivable can be measured by Days Sales Outstanding.
Paylocity Holding's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as
Days Sales Outstanding (A: Jun. 2023 ) | |||||||||
= | Average Accounts Receivable | / | Revenue | * | Days in Period | ||||
= | ( (Accounts Receivable (A: Jun. 2022 ) | + | Accounts Receivable (A: Jun. 2023 )) | / | count ) | / | Revenue (A: Jun. 2023 ) | * | Days in Period |
= | ( (15.754 | + | 25.085) | / | 2 ) | / | 1174.598 | * | 365 |
= | 20.4195 | / | 1174.598 | * | 365 | ||||
= | 6.35 |
Paylocity Holding's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:
Days Sales Outstanding (Q: Mar. 2024 ) | |||||||||
= | Average Accounts Receivable | / | Revenue | * | Days in Period | ||||
= | ( (Accounts Receivable (A: Dec. 2023 ) | + | Accounts Receivable (A: Mar. 2024 )) | / | count ) | / | Revenue (A: Mar. 2024 ) | * | Days in Period |
= | ( (32.476 | + | 33.714) | / | 2 ) | / | 401.281 | * | 365 / 4 |
= | 33.095 | / | 401.281 | * | 365 / 4 | ||||
= | 7.53 |
* 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.
Paylocity Holding (NAS:PCTY) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Thank you for viewing the detailed overview of Paylocity Holding's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
Ryan Glenn | officer: CFO and Treasurer | 1400 AMERICAN LANE, SCHAUMBERG IL 60173 |
Katherine Ross | officer: Sr Vice President Operations | 1400 AMERICAN LANE, SCHAUMBURG IL 60173 |
Rachit Lohani | officer: Chief Technology Officer | 1400 AMERICAN LANE, SCHAUMBURG IL 60173 |
Steven I Sarowitz | director, 10 percent owner, officer: Executive Chairman | 3850 N. WILKE ROAD, ARLINGTON HEIGHTS IL 60004 |
Nicholas Rost | officer: VP & Chief Accounting Officer | 1400 AMERICAN LANE, SCHAUMBURG IL 60173 |
Joshua Scutt | officer: Senior Vice President Sales | 1400 AMERICAN LANE, SCHAUMBURG IL 60173 |
Linda M. Breard | director | 3600 136 PLACE SE, SUITE 300, BELLEVUE WA 98006 |
Jeffrey T Diehl | director, 10 percent owner | ONE NORTH WACKER DRIVE, SUITE 2200, CHICAGO IL 60606-2823 |
Toby J. Williams | officer: Chief Financial Officer | 3850 N. WILKE ROAD, ARLINGTON HEIGHTS IL 60004 |
Bernard Robinson Kenneth | director | 9417 FOX CREEK LANE, MASON OH 45040 |
Steven R Beauchamp | director, officer: President and CEO | 3850 N. WILKE ROAD, ARLINGTON HEIGHTS IL 60004 |
Ronald V Waters | director | 75 EAST ELM STREET, CHICAGO IL 60611 |
Mark S Kinsey | officer: Senior VP of Operations | 3850 N WILKE ROAD, ARLINGTON HEIGHTS IL 60004 |
Michael R Haske | officer: Senior VP of Sales & Marketing | 3850 N. WILKE ROAD, ARLINGTON HEIGHTS IL 60004 |
Andrew Cappotelli | officer: Chief Accounting Officer | 3850 N. WILKE RD, ARLINGTON HEIGHTS IL 60004 |
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