Dayforce Fixed Asset Turnover from 2010 to 2024

DAY Stock   74.84  0.84  1.14%   
Dayforce Fixed Asset Turnover yearly trend continues to be fairly stable with very little volatility. Fixed Asset Turnover is likely to outpace its year average in 2024. During the period from 2010 to 2024, Dayforce Fixed Asset Turnover regression line of annual values had r-squared of  0.44 and arithmetic mean of  7.03. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
6.60427574
Current Value
7.21
Quarterly Volatility
0.94359123
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Dayforce financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Dayforce's main balance sheet or income statement drivers, such as Tax Provision of 56.7 M, Depreciation And Amortization of 76.5 M or Interest Expense of 44.8 M, as well as many indicators such as Price To Sales Ratio of 6.63, Dividend Yield of 0.0 or PTB Ratio of 3.3. Dayforce financial statements analysis is a perfect complement when working with Dayforce Valuation or Volatility modules.
  
Check out the analysis of Dayforce Correlation against competitors.
For more information on how to buy Dayforce Stock please use our How to Invest in Dayforce guide.

Latest Dayforce's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Dayforce over the last few years. It is Dayforce's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Dayforce's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Slightly volatile
   Fixed Asset Turnover   
       Timeline  

Dayforce Fixed Asset Turnover Regression Statistics

Arithmetic Mean7.03
Geometric Mean6.97
Coefficient Of Variation13.42
Mean Deviation0.74
Median7.21
Standard Deviation0.94
Sample Variance0.89
Range2.7306
R-Value(0.66)
Mean Square Error0.54
R-Squared0.44
Significance0.01
Slope(0.14)
Total Sum of Squares12.47

Dayforce Fixed Asset Turnover History

2024 7.21
2023 6.6
2022 6.26
2021 6.5
2020 5.13
2019 5.14
2018 7.09

About Dayforce Financial Statements

Dayforce investors use historical fundamental indicators, such as Dayforce's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Dayforce. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 6.60  7.21 

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Additional Tools for Dayforce Stock Analysis

When running Dayforce's price analysis, check to measure Dayforce's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dayforce is operating at the current time. Most of Dayforce's value examination focuses on studying past and present price action to predict the probability of Dayforce's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dayforce's price. Additionally, you may evaluate how the addition of Dayforce to your portfolios can decrease your overall portfolio volatility.