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Paycor HCM (Paycor HCM) Days Payable : 35.36 (As of Mar. 2024)


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What is Paycor HCM Days Payable?

Paycor HCM's average Accounts Payable for the three months ended in Mar. 2024 was $22.8 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 Payable for the three months ended in Mar. 2024 was 35.36.

The historical rank and industry rank for Paycor HCM's Days Payable or its related term are showing as below:

PYCR' s Days Payable Range Over the Past 10 Years
Min: 28.13   Med: 30.14   Max: 41.25
Current: 39.35

During the past 5 years, Paycor HCM's highest Days Payable was 41.25. The lowest was 28.13. And the median was 30.14.

PYCR's Days Payable is ranked worse than
57.21% of 2531 companies
in the Software industry
Industry Median: 50.36 vs PYCR: 39.35

Paycor HCM's Days Payable declined from Mar. 2023 (38.18) to Mar. 2024 (35.36). It may suggest that Paycor HCM accelerated paying its suppliers.


Paycor HCM Days Payable Historical Data

The historical data trend for Paycor HCM's Days Payable 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 Days Payable Chart

Paycor HCM Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Days Payable
- 31.92 28.36 28.13 41.25

Paycor HCM Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 38.18 46.46 43.24 37.95 35.36

Competitive Comparison of Paycor HCM's Days Payable

For the Software - Application subindustry, Paycor HCM's Days Payable, along with its competitors' market caps and Days Payable 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 Payable Distribution in the Software Industry

For the Software industry and Technology sector, Paycor HCM's Days Payable distribution charts can be found below:

* The bar in red indicates where Paycor HCM's Days Payable falls into.



Paycor HCM Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Paycor HCM's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

Days Payable (A: Jun. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2022 ) + Accounts Payable (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (13.945 + 28.35) / 2 ) / 187.14*365
=21.1475 / 187.14*365
=41.25

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

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (25.51 + 20.005) / 2 ) / 58.736*365 / 4
=22.7575 / 58.736*365 / 4
=35.36

* 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 Days Payable Related Terms

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Paycor HCM (Paycor HCM) Business Description

Traded in Other Exchanges
N/A
Address
4811 Montgomery Road, Cincinnati, OH, USA, 45212
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