Paycom Software (Paycom Software) Days Sales Outstanding

: 3.36 (As of Dec. 2023)

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Paycom Software's average Accounts Receivable for the three months ended in Dec. 2023 was $16 Mil. Paycom Software's Revenue for the three months ended in Dec. 2023 was $435 Mil. Hence, Paycom Software's Days Sales Outstanding for the three months ended in Dec. 2023 was 3.36.

The historical rank and industry rank for Paycom Software's Days Sales Outstanding or its related term are showing as below:

PAYC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.23 Med: 3.61 Max: 5.44
Current: 3.83

During the past 13 years, Paycom Software's highest Days Sales Outstanding was 5.44. The lowest was 1.23. And the median was 3.61.

PAYC's Days Sales Outstanding is ranked better than
98.35% of 2726 companies
in the Software industry
Industry Median: 62.27 vs PAYC: 3.83

Paycom Software's Days Sales Outstanding declined from Dec. 2022 (4.65) to Dec. 2023 (3.36).

Paycom Software Days Sales Outstanding Historical Data

The historical data trend for Paycom Software'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.

* Premium members only.

Paycom Software Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

3.14

4.00

3.22

4.29

4.23

Paycom Software Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding																4.65	4.11	3.87	3.56	3.36

Competitive Comparison

For the Software - Application subindustry, Paycom Software'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.

Paycom Software Days Sales Outstanding Distribution

For the Software industry and Technology sector, Paycom Software's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Paycom Software's Days Sales Outstanding falls into.

Paycom Software Days Sales Outstanding Calculation

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.

Paycom Software's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (22.843	+	16.442)	/	2 )	/	1693.674	*	365
=	19.6425					/	1693.674	*	365
=	4.23

Paycom Software's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (15.548	+	16.442)	/	2 )	/	434.595	*	365 / 4
=	15.995					/	434.595	*	365 / 4
=	3.36

Paycom Software (NYSE:PAYC) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Paycom Software Days Sales Outstanding Related Terms

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Paycom Software (Paycom Software) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Paycom Software Inc (NYSE:PAYC) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

PAYC:Mexico P1YC34:Brazil

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.

Executives

Chad R. Richison	director, 10 percent owner, officer: President and CEO	7501 W. MEMORIAL ROAD, OKLAHOMA CITY OK 73142
Jason D. Clark	director	7501 W. MEMORIAL ROAD, OKLAHOMA CITY OK 73142
Watts J C Jr	director
Christopher Gene Thomas	officer: SEVP of Operations	7501 W. MEMORIAL ROAD, OKLAHOMA CITY OK 73142
Peters Frederick C Ii	director	BRYN MAWR BANK CORP, 801 LANCASTER AVE, BRYN MAWR PA 19010
Holly Faurot	officer: Chief Sales Officer	7501 W. MEMORIAL ROAD, OKLAHOMA CITY OK 73142
Justin Devon Long	officer: EVP of Operations	7501 W. MEMORIAL ROAD, OKLAHOMA CITY OK 73142
Bradley Scott Smith	officer: Chief Information Officer	7501 W. MEMORIAL ROAD, OKLAHOMA CITY OK 73142
Craig E. Boelte	officer: Chief Financial Officer	7501 W. MEMORIAL ROAD, OKLAHOMA CITY OK 73142
Felicia Williams	director	C/O MACY'S, INC., 151 WEST 34TH STREET, NEW YORK NY 10001
Sharen J Turney	director	THREE LIMITED PARKWAY, COLUMBUS OH 43230
Jon Evans	officer: Chief Operating Officer	7501 W. MEMORIAL ROAD, OKLAHOMA CITY OK 73142
Jeffrey D. York	officer: Chief Sales Officer	7501 W. MEMORIAL ROAD, OKLAHOMA CITY OK 73142
Robert J Levenson	director	300 SEMINOLE AVENUE, P.H. 6B, PALM BEACH FL 33480
Kathy Oden-hall	officer: See Remarks	7501 W. MEMORIAL ROAD, OKLAHOMA CITY OK 73142