Dayforce Inc. (DAY)

Payables turnover

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Cost of revenue (ttm)	US$ in thousands	920,900	904,200	882,500	883,000	867,200	838,300	817,900	793,100	773,000	750,200	717,700	690,800	641,900	601,000	564,600	520,300	501,200	487,900	473,700	468,000
Payables	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Payables turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $920,900K ÷ $—K
= —

The payables turnover ratio for Dayforce Inc. is not available for the periods mentioned in the data provided. Without specific values for payables turnover, we are unable to assess how efficiently the company is managing its accounts payable and paying its suppliers. This ratio typically measures how many times a company pays off its average accounts payable balance during a specific period.

In evaluating a company's payables turnover ratio, a higher ratio often indicates that the company is efficiently settling its obligations to suppliers. Conversely, a lower ratio may suggest inefficiencies in managing payables or potential liquidity issues.

Given the absence of data on payables turnover for Dayforce Inc., it is challenging to draw conclusions about the company's payment practices and operational effectiveness in managing its trade payables. Additional information on this ratio would be necessary to provide a more comprehensive analysis of Dayforce Inc.'s financial health in terms of its payables management.