Paycor HCM (Paycor HCM) Accounts Receivable : $44.0 Mil (As of Mar. 2024)

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What is Paycor HCM Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Paycor HCM's accounts receivables for the quarter that ended in Mar. 2024 was $44.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Paycor HCM's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 21.46.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Paycor HCM's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-8.37.

Paycor HCM Accounts Receivable Historical Data

The historical data trend for Paycor HCM's Accounts Receivable 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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Paycor HCM Accounts Receivable Chart

Paycor HCM Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Receivable

7.99

10.02

16.47

21.51

30.82

Paycor HCM Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial												30.51	30.82	34.74	44.95	43.99

Paycor HCM Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

Paycor HCM Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of 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 receivables are being managed.

Paycor HCM's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	43.989	/	187.019	*	91
=	21.46

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Paycor HCM's accounts receivable are only considered to be worth 75% of book value:

Paycor HCM's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is calculated as:

	Net-Net Working Capital Per Share
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(90.098	+	0.75 * 43.989	+	0.5 * 0	-	1613.979
-	0	-	0)	/	178.03
=	-8.37

Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.

Paycor HCM Accounts Receivable Related Terms

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Paycor HCM (Paycor HCM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Paycor HCM Inc (NAS:PYCR) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

4811 Montgomery Road, Cincinnati, OH, USA, 45212

Website

https://www.paycor.com

Paycor HCM provides payroll and human capital management solutions to small and midsize clients in the United States via a software-as-a-service model. Alongside core payroll functionality, the firm's platform offers a suite of HCM solutions including talent management and time and attendance software, third-party integration capabilities, and industry-specific configurations. The firm targets customers with 10-1,000 employees and had over 30,000 customers as of June 2023.

Executives

Alice L Geene	officer: See Remarks	500 W MADISON ST STE 1000, CHICAGO IL 60661
Jonathan Corr	director	ELLIE MAE, INC., 4420 ROSEWOOD DRIVE, SUITE 500, PLEASANTON CA 94588
Pride Aggregator, Lp	10 percent owner	PRIDE GP, INC., C/O APAX PARTNERS, LP, 601 LEXINGTON AVE., 53RD FLOOR, NEW YORK NY 10022
Adam Brooks Ante	officer: Chief Financial Officer	4811 MONTGOMERY RD., CINCINNATI OH 45212
Scott David Miller	director	3576 SAINT CHARLES PLACE, CINCINNATI OH 45208
Whitney Marilinn Bouck	director	4811 MONTGOMERY RD., CINCINNATI OH 45212
Pride Gp, Inc.	10 percent owner	251 LITTLE FALLS DRIVE, WILMINGTON DE 19808
Jeremy Rishel	director	234 1ST STREET, SAN FRANCISCO CA 94105
Ryan Norman Bergstrom	officer: Chief Product Officer	4811 MONTGOMERY RD., CINCINNATI OH 45212
Raul Jr. Villar	director, officer: Chief Executive Officer	4811 MONTGOMERY RD., CINCINNATI OH 45212
Sarah Kathryn Haines	officer: Chief Accounting Officer	4811 MONTGOMERY RD., CINCINNATI OH 45212
Charles Steven Mueller	officer: Chief Revenue Officer	4811 MONTGOMERY RD., CINCINNATI OH 45212
Steven A Collins	director	20 N. MERIDIAN STREET, SUITE 200, INDIANAPOLIS IN 46204
Kathleen Ann Burke	director	4811 MONTGOMERY ROAD, CINCINNATI OH 45212
Umang Kajaria	director	C/O DUCK CREEK TECHNOLOGIES, INC., 22 BOSTON WHARF ROAD, FLOOR 10, BOSTON MA 02210