GURUFOCUS.COM » STOCK LIST » Technology » Software » Paylocity Holding Corp (FRA:0P7) » Definitions » Total Inventories

Paylocity Holding (FRA:0P7) Total Inventories : €0 Mil (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Paylocity Holding Total Inventories?

Paylocity Holding's total inventories for the quarter that ended in Mar. 2024 was €0 Mil. Paylocity Holding's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was €0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Paylocity Holding's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was €-54.39.

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 three months 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 Total Inventories Historical Data

The historical data trend for Paylocity Holding's Total Inventories 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.

Paylocity Holding Total Inventories Chart

Paylocity Holding Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Paylocity Holding Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Inventories 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 Premium Member Only Premium Member Only Premium Member Only - - - - -

Paylocity Holding Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Paylocity Holding  (FRA:0P7) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Paylocity Holding's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

Net-Net Working Capital Per Share (Q: Mar. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(453.279+0.75 * 31.017+0.5 * 0-3545.333
-0-0)/56.427
=-54.39

2. 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 three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=0/106.705*365 / 4
=0.00

3. 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 (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=106.705 / 0
=N/A

4. 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 (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=0 / 369.179
=0.00

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Paylocity Holding Total Inventories Related Terms

Thank you for viewing the detailed overview of Paylocity Holding's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Paylocity Holding (FRA:0P7) Business Description

Traded in Other Exchanges
Address
1400 American Lane, Schaumburg, IL, USA, 60173
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.

Paylocity Holding (FRA:0P7) Headlines

No Headlines