Paylocity Holding (FRA:0P7) Change In Inventory : €0 Mil (TTM As of Mar. 2024)

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What is Paylocity Holding Change In Inventory?

Paylocity Holding's change in inventory for the quarter that ended in Mar. 2024 was €0 Mil. It means Paylocity Holding's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Paylocity Holding's change in inventory for the fiscal year that ended in Jun. 2023 was €0 Mil. It means Paylocity Holding's inventory stayed the same from Jun. 2022 to Jun. 2023 .

Paylocity Holding's Total Inventories for the quarter that ended in Mar. 2024 was €0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Paylocity Holding's Days Inventory for the quarter that ended in Mar. 2024 was 0.00.

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

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. Paylocity Holding's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Paylocity Holding Change In Inventory Historical Data

The historical data trend for Paylocity Holding'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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Paylocity Holding Change In Inventory Chart

Paylocity Holding Annual Data

Trend

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Change In Inventory

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Paylocity Holding 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															-	-	-	-	-

Paylocity Holding 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 €0 Mil.

Paylocity Holding (FRA:0P7) Change In Inventory Explanation

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

Paylocity Holding's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0	/	106.705	*	365 / 4
	=	0.00

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	106.705	/	0
	=	N/A

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	369.179
	=	0.00

Paylocity Holding Change In Inventory Related Terms

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Paylocity Holding (FRA:0P7) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Paylocity Holding Corp (FRA:0P7) » Definitions » Change In Inventory

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PCTY:USA

Address

1400 American Lane, Schaumburg, IL, USA, 60173

Website

https://www.paylocity.com

Paylocity is a provider of payroll and human capital management, or HCM, solutions servicing small- to midsize clients in the United States. The company was founded in 1997 and targets businesses with 10 to 5,000 employees and services about 36,000 clients as of fiscal 2023. Alongside core payroll services, Paylocity offers HCM solutions such as time and attendance and recruiting software, as well workplace collaboration and communication tools.

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