Paycom Soft (PAYC)
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 | 402,476 | 393,433 | 374,021 | 322,576 | 276,290 | 260,672 | 246,835 | 229,489 | 212,741 | 200,193 | 187,769 | 174,097 | 161,886 | 148,393 | 136,625 | 129,773 | 123,546 | 119,314 | 114,794 | 110,475 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $402,476K ÷ $—K
= —
The Payables turnover ratio for Paycom Soft has been constant at a value of "—", indicating that the company has not provided data for this ratio for the periods reported. Payables turnover ratio measures how efficiently a company is managing its short-term obligations to suppliers and vendors by analyzing how many times payables are paid within a specific period.
Without specific values for the payables turnover ratio, it is difficult to assess Paycom Soft's ability to manage its trade payables effectively. Companies typically aim for a balance in managing their payables turnover to maintain good relationships with suppliers while optimizing their working capital management.
It is important for investors and stakeholders to have access to this ratio over time to evaluate Paycom Soft's liquidity, working capital efficiency, and vendor management practices. The company's future disclosures of this ratio will provide valuable insights into its financial health and operational performance.
Peer comparison
Dec 31, 2024