Paylocity Holdng (PCTY)
Number of days of payables
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 28.72 | 51.14 | 59.65 | 34.27 | 51.84 | |
| Number of days of payables | days | 12.71 | 7.14 | 6.12 | 10.65 | 7.04 |
June 30, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 28.72
= 12.71
The number of days of payables for Paylocity Holding has exhibited variability over the period from June 30, 2021, to June 30, 2025. On June 30, 2021, the company maintained a payables period of 7.04 days, indicating that, on average, it took approximately one week to settle its accounts payable obligations. This period increased significantly by June 30, 2022, reaching 10.65 days, which suggests a lengthening of the company's payment cycle, possibly reflecting strategic changes in payment policies or cash flow management. Subsequently, the payables period decreased to 6.12 days by June 30, 2023, indicating a return to a more prompt payment cycle. However, by June 30, 2024, the days of payables rose again to 7.14 days, aligning closely with the 2021 levels, before increasing markedly to 12.71 days by June 30, 2025. This upward trend in 2025 implies a protracted payment cycle, potentially highlighting alterations in supplier agreements, liquidity management strategies, or operational considerations. Overall, the company's payables period has experienced fluctuations, with notable peaks in 2022 and 2025, reflecting changes in the company's payment practices over this period.
Peer comparison
Jun 30, 2025