Days Inventory is also known as Days Sales of Inventory (DSI). Paycor HCM's Average Total Inventories for the
three
months ended in Mar. 2024 was $0.0 Mil. Paycor HCM's Cost of Goods Sold for the
three
months ended in Mar. 2024 was $58.7 Mil.
Hence, Paycor HCM's Days Inventory for the
three
months ended in Mar. 2024 was 0.00.
The historical rank and industry rank for Paycor HCM's Days Inventory or its related term are showing as below:
PYCR's Days Inventory is not ranked *
in the Software industry.
Industry Median: 19.5 * Ranked among companies with meaningful Days Inventory only.
Paycor HCM's Days Inventory
stayed the same
from Mar. 2023 (0.00) to Mar. 2024 (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.
Paycor HCM's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.00.
Paycor HCM Days Inventory Historical Data
The historical data trend for Paycor HCM's Days 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.
Competitive Comparison of Paycor HCM's Days Inventory
For the Software - Application subindustry, Paycor HCM's Days Inventory, along with its competitors' market caps and Days Inventory 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.
Paycor HCM's Days Inventory Distribution in the Software Industry
For the Software industry and Technology sector, Paycor HCM's Days Inventory distribution charts can be found below:
* The bar in red indicates where Paycor HCM's Days Inventory falls into.
Paycor HCM Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Paycor HCM's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as
* 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.
Paycor HCM (NAS:PYCR) Days Inventory Explanation
Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:
1. Inventory Turnover measures how fast the company turns over its inventory within a year.
Paycor HCM's Inventory Turnover for the
three
months ended in Mar. 2024 is calculated as
2. 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.
Paycor HCM's Inventory to Revenue for the
three
months ended in Mar. 2024 is calculated as
* 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.
Be Aware
A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.
Paycor HCM Days Inventory Related Terms
Thank you for viewing the detailed overview of Paycor HCM's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
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