Paycom Soft (PAYC)

Payables turnover

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cost of revenue	US$ in thousands	334,600	276,290	212,741	161,886	123,546
Payables	US$ in thousands	—	—	—	—	—
Payables turnover		—	—	—	—	—

December 31, 2024 calculation

Payables turnover = Cost of revenue ÷ Payables
= $334,600K ÷ $—K
= —

The data provided for Paycom Soft's payables turnover shows that the company's payables turnover ratio is not available for the years from December 31, 2020, to December 31, 2024. This may indicate that the company does not have enough information disclosed in its financial statements to calculate this ratio, or it could imply that Paycom Soft's payables turnover is either extremely high or extremely low, making it difficult to compute a meaningful ratio. Without specific values for the payables turnover, it is challenging to assess how efficiently Paycom Soft is managing its accounts payable relative to its purchases. Investors and stakeholders may need more detailed financial information or context to better understand the company's payables turnover performance.