Dayforce Inc. (DAY)

Receivables 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
Revenue (ttm) US$ in thousands 1,760,000 1,694,500 1,632,000 1,574,600 1,513,700 1,450,100 1,388,200 1,323,500 1,246,200 1,192,200 1,133,800 1,083,000 1,024,200 964,900 912,100 854,300 842,500 841,500 839,400 843,100
Receivables US$ in thousands
Receivables turnover

December 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $1,760,000K ÷ $—K
= —

The data provided for Dayforce Inc. receivables turnover ratio shows that the values are missing ("-") for all the periods from March 31, 2020, to December 31, 2024.

The receivables turnover ratio is a financial metric that measures how efficiently a company is able to collect its accounts receivable within a specific period. It is calculated by dividing the net credit sales by the average accounts receivable for the period.

However, without the specific values for net credit sales and accounts receivable for Dayforce Inc., it is not possible to calculate the receivables turnover ratio or analyze its trend over time.

In order to provide a comprehensive analysis of Dayforce Inc.'s receivables turnover, it would be necessary to have access to the detailed financial data for the relevant periods to calculate the ratio and assess its implications for the company's liquidity and operational efficiency.