The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Paylocity Holding's Revenue for the
three
months ended in Mar. 2026 was $502 Mil. Paylocity Holding's average Accounts Receivable for the
three
months ended in Mar. 2026 was $48 Mil.
Hence, Paylocity Holding's Receivables Turnover for the
three
months ended in Mar. 2026 was 10.53.
An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.
Paylocity Holding Receivables Turnover Related Terms
Paylocity Holding Receivables Turnover Historical Data
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The historical data trend for Paylocity Holding's Receivables Turnover 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.
PCTY vs DUOL, NAVN, CVLT: Receivables Turnover Comparison
For the Software - Application subindustry, Paylocity Holding's Receivables Turnover, along with its competitors' market caps and Receivables Turnover 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.
Paylocity Holding Receivables Turnover vs Software Industry
For the Software industry and Technology sector, Paylocity Holding's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Paylocity Holding's Receivables Turnover falls into.
* 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.
Paylocity Holding (PCTY) has a Receivables Turnover of 10.53 as of Mar. 2026. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Paylocity Holding and its competitors. According to the industry distribution chart, Paylocity Holding ranks #92 out of 2771 companies in the Software industry, placing it in the top 3.3%.
Is Paylocity Holding's Receivables Turnover too high?
Paylocity Holding's current Receivables Turnover is 10.53. The Software industry median Receivables Turnover is 5.69. Paylocity Holding's value of 10.53 is 85.1% above this industry median. Based on the distribution chart, Paylocity Holding ranks #92 out of 2771 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Paylocity Holding has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Paylocity Holding's Receivables Turnover compare to DUOL and NAVN?
According to the Software industry distribution chart, Paylocity Holding ranks #92 out of 2771 companies for Receivables Turnover. This places Paylocity Holding in the top 3% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.69. Paylocity Holding's value of 10.53 is 85.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Software company?
The median Receivables Turnover among Software companies is 5.69, based on 2,771 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Paylocity Holding's current Receivables Turnover of 10.53 is 85.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Paylocity Holding and its competitors. For the Software industry, the median Receivables Turnover is 5.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Paylocity Holding's current Receivables Turnover is 10.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paylocity Holding stock overvalued right now?
Based on GuruFocus' analysis, Paylocity Holding (PCTY) is currently considered Possible Value Trap. The stock's GF Value™ is $226.40, compared to a current price of $118.52 — trading 47.7% below its estimated fair value. The current Receivables Turnover is 10.53 and 85.1% above the Software industry median of 5.69. Paylocity Holding's overall GF Score™ is 75/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Paylocity Holding (PCTY), the current Receivables Turnover is 10.53 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Paylocity Holding (PCTY) Overvalued in 2026?
Based on GuruFocus' analysis, Paylocity Holding stock appears to be undervalued.
The current stock price of $118.52 is trading 47.7% below its estimated GF Value™ of $226.40.
GuruFocus considers Paylocity Holding to be Possible Value Trap.
Key valuation signals for PCTY:
Receivables Turnover: 10.53
GF Value™: $226.40 vs. price of $118.52 (47.7% below fair value)
Industry Position: 85.1% above the Software median (#92 of 2771)
No single metric tells the full story. See the PCTY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Paylocity is a cloud-based human capital management provider offering payroll, compliance, and human resources management solutions. With the addition of expense and IT management modules, Paylocity unifies back-office operations spanning HR, finance, and IT on a single platform and bills customers on a subscription basis. The firm's customer base skews toward the midmarket and is primarily based in the US. As of fiscal 2025, Paylocity has nearly 42,000 customers.
75GF Score
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