Dayforce Inc. (DAY)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,760,000 | 1,513,700 | 1,246,200 | 1,024,200 | 842,500 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $1,760,000K ÷ $—K
= —
Based on the data provided, the receivables turnover ratio for Dayforce Inc. is not available for the years ranging from December 31, 2020, to December 31, 2024. The lack of specific figures for this ratio indicates that there may be limited information or variability in the accounts receivable turnover during these periods. The receivables turnover ratio is a key indicator of how efficiently a company collects payments from its customers, and its absence in this case could suggest that there may be challenges or fluctuations in the company's accounts receivable management that need to be further investigated. It is important for Dayforce Inc. to closely monitor and analyze its receivables turnover to ensure healthy cash flow and effective credit management.
Peer comparison
Dec 31, 2024