Dayforce Net Working Capital from 2010 to 2024

DAY Stock   74.84  0.84  1.14%   
Dayforce Net Working Capital yearly trend continues to be fairly stable with very little volatility. Net Working Capital will likely drop to about 332.1 M in 2024. During the period from 2010 to 2024, Dayforce Net Working Capital regression line of annual values had r-squared of  0.73 and arithmetic mean of  186,328,095. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
620.3 M
Current Value
332.1 M
Quarterly Volatility
178.3 M
 
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 Net Working Capital Growth Pattern

Below is the plot of the Net Working Capital of Dayforce over the last few years. It is Dayforce's Net Working Capital 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.
Net Working Capital10 Years Trend
Slightly volatile
   Net Working Capital   
       Timeline  

Dayforce Net Working Capital Regression Statistics

Arithmetic Mean186,328,095
Geometric Mean118,475,727
Coefficient Of Variation95.71
Mean Deviation147,713,714
Median49,900,000
Standard Deviation178,334,601
Sample Variance31803.2T
Range570.4M
R-Value0.85
Mean Square Error9399.5T
R-Squared0.73
Significance0.000056
Slope33,966,964
Total Sum of Squares445245.2T

Dayforce Net Working Capital History

2024332.1 M
2023620.3 M
2022360.5 M
2021402.2 M
2020258.7 M
2019252 M
2018169.9 M

About Dayforce Financial Statements

Dayforce investors use historical fundamental indicators, such as Dayforce's Net Working Capital, 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
Net Working Capital620.3 M332.1 M

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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.