Dayforce Change In Working Capital from 2010 to 2024

DAY Stock   77.17  0.36  0.46%   
Dayforce Change In Working Capital yearly trend continues to be fairly stable with very little volatility. Change In Working Capital is likely to outpace its year average in 2024. Change In Working Capital is the difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities. View All Fundamentals
 
Change In Working Capital  
First Reported
2016-12-31
Previous Quarter
8.7 M
Current Value
73.1 M
Quarterly Volatility
34 M
 
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 Change In Working Capital Growth Pattern

Below is the plot of the Change In Working Capital of Dayforce over the last few years. It is the difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities. Dayforce's Change In 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.
Change In Working Capital10 Years Trend
Slightly volatile
   Change In Working Capital   
       Timeline  

Dayforce Change In Working Capital Regression Statistics

Arithmetic Mean(62,270,667)
Coefficient Of Variation(62.54)
Mean Deviation29,019,733
Median(42,100,000)
Standard Deviation38,941,077
Sample Variance1516.4T
Range120.5M
R-Value(0.60)
Mean Square Error1045.4T
R-Squared0.36
Significance0.02
Slope(5,223,286)
Total Sum of Squares21229.7T

Dayforce Change In Working Capital History

2024-118.6 M
2023-124.8 M
2022-42.1 M
2021-41 M
2020-161.1 M
2019-61.5 M
2018-48.5 M

About Dayforce Financial Statements

Dayforce investors use historical fundamental indicators, such as Dayforce's Change In 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
Change In Working Capital-124.8 M-118.6 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.