Paylocity Holdng

NASDAQ PCTY

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Paylocity Holdng Average Collection Period 3 year CAGR for the year ending June 30, 2023: -30.33%

Paylocity Holdng Average Collection Period 3 year CAGR is -30.33% for the year ending June 30, 2023, a -113.87% change year over year. The average collection period measures the average number of days it takes for a company to collect payments from its customers. It is calculated by dividing 365 by the ratio of revenue to the average of receivables and other current assets. A lower average collection period indicates a more efficient collection process and better cash flow management, while a higher period may suggest delayed payments and potential liquidity challenges. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Paylocity Holdng Average Collection Period for the year ending June 30, 2022 was 874.88, a 4,196.58% change year over year.
  • Paylocity Holdng Average Collection Period for the year ending June 30, 2021 was 20.36, a -26.32% change year over year.
  • Paylocity Holdng Average Collection Period for the year ending June 30, 2020 was 27.63, a 2.26% change year over year.
  • Paylocity Holdng Average Collection Period for the year ending June 30, 2019 was 27.02, a -95.50% change year over year.
NASDAQ: PCTY

Paylocity Holdng

CEO Mr. Steven R. Beauchamp
IPO Date March 19, 2014
Location United States
Headquarters 1400 American Lane, Schaumburg, IL, United States, 60173
Employees 6,100
Sector Technology
Industry Software - application
Description

Paylocity Holding Corporation provides cloud-based human capital management and payroll software solutions for workforce in the United States. The company offers Payroll and Tax Services solution to simplifies payroll, automates processes, and manages compliance requirements within one system; and expense management, on demand payment, and garnishment solutions. It provides human capital management and employee self-service solutions, document library, compliance dashboard, and HR edge; time and attendance solution; schedule tracking services; and time collection devices, including kiosks, time clocks, and mobile and web applications. In addition, the company offers talent management solutions comprising recruiting and onboarding, as well as learning, performance, and compensation management; and third-party administrative solutions; employee experiences solutions, including community, premium video, survey, and peer recognition; and insights and recommendations solutions, such as modern workforce index, data insights, and reporting. Further, it provides implementation and training, client, and tax and regulatory services. The company serves for-profit and non-profit organizations across industries, including business services, financial services, healthcare, manufacturing, restaurants, retail, technology, and others. It sells its products through sales representatives. Paylocity Holding Corporation was founded in 1997 and is headquartered in Schaumburg, Illinois.

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StockViz Staff

September 19, 2024

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