Paycom Soft (PAYC)

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	1,883,127	1,823,922	1,778,291	1,741,918	1,693,674	1,629,687	1,557,551	1,473,336	1,375,218	1,289,596	1,211,623	1,136,845	1,055,524	991,485	931,823	871,264	841,434	813,896	792,370	780,096
Receivables	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Receivables turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $1,883,127K ÷ $—K
= —

The data provided for Paycom Soft's receivables turnover ratio from March 31, 2020, to December 31, 2024, indicates that the exact turnover ratio values are not available or are not applicable ("—") for each period.

Receivables turnover is a critical financial ratio that measures how efficiently a company is managing its accounts receivable by evaluating how many times during a specific period the accounts receivable is collected and converted into cash. A higher receivables turnover ratio generally indicates better efficiency in collecting outstanding payments from customers.

The absence of specific data points for Paycom Soft's receivables turnover ratio limits the ability to assess the company's efficiency in collecting receivables over time. Ideally, a rising receivables turnover ratio would indicate improvements in the collection process and better management of accounts receivable.

In the absence of the actual turnover ratios, further analysis or additional information would be necessary to evaluate the effectiveness of Paycom Soft's accounts receivable management and its impact on the company's overall financial performance.