Dayforce Inc - Understand $day stock

$DAY Market Cap: $12.1 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$1.695B

TTM

Gross Margin

44.99%

TTM

Net Earnings

$52.90M

TTM

Current Assets

$4.904B

Q3 2024

Current Liabilities

$4.278B

Q3 2024

Current Ratio

114.63%

Q3 2024

Total Assets

$8.117B

Q3 2024

Total Liabilities

$5.561B

Q3 2024

Book Value

$2.556B

Q3 2024

Cash

$494.1M

Q3 2024

P/E

228.8

Nov 14, 2024 EST

Free Cash Flow

$181.1M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Revenue	$1.514B	$1.246B	$1.024B	$842.5M	$824.1M	$740.7M	$676.2M	$630.1M	$693.9M
YoY Change	21.47%	21.68%	21.57%	2.23%	11.26%	9.54%	7.32%	-9.19%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Revenue	$1.514B	$1.246B	$1.024B	$842.5M	$824.1M	$740.7M	$676.2M	$630.1M	$693.9M
Cost Of Revenue	$867.2M	$773.0M	$641.9M	$501.2M	$455.9M	$425.8M	$406.7M	$395.8M	$413.1M
Gross Profit	$646.5M	$473.2M	$382.3M	$341.3M	$368.2M	$314.9M	$269.5M	$227.0M	$280.8M
Gross Profit Margin	42.71%	37.97%	37.33%	40.51%	44.68%	42.51%	39.86%	36.03%	40.47%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Selling, General & Admin	$513.4M	$499.0M	$417.8M	$333.5M	$295.9M	$258.8M	$214.1M	$225.3M	$245.5M
YoY Change	2.89%	19.44%	25.28%	12.71%	14.34%	20.88%	-4.97%	-8.23%
% of Gross Profit	79.41%	105.45%	109.29%	97.71%	80.36%	82.18%	79.44%	99.25%	87.43%
Research & Development	$112.0M	$92.30M	$81.10M	$39.60M	$34.10M	$29.60M	$19.00M	$13.00M
YoY Change	21.34%	13.81%	104.8%	16.13%	15.2%	55.79%	46.15%
% of Gross Profit	17.32%	19.51%	21.21%	11.6%	9.26%	9.4%	7.05%	5.73%
Depreciation & Amortization	$72.00M	$58.10M	$53.60M	$48.00M	$40.90M	$38.10M	$35.30M	$34.80M	$56.00M
YoY Change	23.92%	8.4%	11.67%	17.36%	7.35%	7.93%	1.44%	-37.86%
% of Gross Profit	11.14%	12.28%	14.02%	14.06%	11.11%	12.1%	13.1%	15.33%	19.94%
Operating Expenses	$625.4M	$591.3M	$498.9M	$373.1M	$330.0M	$288.4M	$233.1M	$238.3M	$245.5M
YoY Change	5.77%	18.52%	33.72%	13.06%	14.42%	23.72%	-2.18%	-2.93%
Operating Profit	$133.1M	-$25.80M	-$35.50M	$7.800M	$72.30M	$56.10M	$55.40M	$19.20M	$35.30M
YoY Change	-615.89%	-27.32%	-555.13%	-89.21%	28.88%	1.26%	188.54%	-45.61%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Interest Expense	$36.10M	$28.60M	$35.90M	$25.10M	$32.40M	$83.20M	$87.10M	$87.40M	-$92.60M
YoY Change	26.22%	-20.33%	43.03%	-22.53%	-61.06%	-4.48%	-0.34%	-194.38%
% of Operating Profit	27.12%			321.79%	44.81%	148.31%	157.22%	455.21%	-262.32%
Other Income/Expense, Net	-$1.000M	-$8.500M	-$18.90M	-$2.700M	-$5.600M	$200.0K	-$8.800M	-$15.90M
YoY Change	-88.24%	-55.03%	600.0%	-51.79%	-2900.0%	-102.27%	-44.65%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Pretax Income	$96.00M	-$62.90M	-$90.30M	-$20.00M	$34.30M	-$26.90M	-$40.50M	-$84.10M	-$80.30M
YoY Change	-252.62%	-30.34%	351.5%	-158.31%	-227.51%	-33.58%	-51.84%	4.73%
Income Tax	$41.20M	$10.50M	-$14.90M	-$16.00M	-$44.40M	$8.400M	-$48.50M	$7.700M	$8.600M
% Of Pretax Income	42.92%				-129.45%
Net Earnings	$54.80M	-$73.40M	-$75.40M	-$4.000M	$78.70M	-$60.60M	$3.300M	-$79.40M	-$104.7M
YoY Change	-174.66%	-2.65%	1785.0%	-105.08%	-229.87%	-1936.36%	-104.16%	-24.16%
Net Earnings / Revenue	3.62%	-5.89%	-7.36%	-0.47%	9.55%	-8.18%	0.49%	-12.6%	-15.09%
Basic Earnings Per Share	$0.35	-$0.48	-$0.50	-$0.03	$0.55	-$0.60	-$0.26
Diluted Earnings Per Share	$0.35	-$0.48	-$0.50	-$0.03	$0.53	-$0.60	-$0.26	-$697.4K	-$786.0K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Cash & Short-Term Investments	$570.3M	$431.9M	$367.5M	$188.2M	$281.3M	$217.8M	$99.60M	$131.4M
YoY Change	32.04%	17.52%	95.27%	-33.1%	29.16%	118.67%	-24.2%
Cash & Equivalents	$570.3M	$431.9M	$367.5M	$188.2M	$281.3M	$217.8M	$99.60M	$131.4M
Short-Term Investments
Other Short-Term Assets	$5.157B	$4.282B	$3.631B	$3.839B	$3.268B	$2.652B	$4.143B	$3.736B
YoY Change	20.43%	17.95%	-5.42%	17.48%	23.19%	-35.98%	10.91%
Inventory
Prepaid Expenses
Receivables	$227.9M	$180.1M	$146.1M	$95.70M	$74.90M	$63.90M	$79.90M	$78.10M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$5.955B	$4.894B	$4.144B	$4.123B	$3.624B	$2.934B	$4.322B	$3.945B
YoY Change	21.68%	18.1%	0.52%	13.77%	23.5%	-32.12%	9.57%
Property, Plant & Equipment	$229.2M	$199.2M	$157.6M	$164.3M	$160.3M	$104.4M	$103.8M	$86.90M
YoY Change	15.06%	26.4%	-4.08%	2.5%	53.54%	0.58%	19.45%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$302.4M	$262.4M	$208.4M	$187.6M	$150.3M	$94.40M	$4.000M	$3.200M
YoY Change	15.24%	25.91%	11.09%	24.82%	59.22%	2260.0%	25.0%
Total Long-Term Assets	$3.056B	$3.023B	$3.022B	$2.579B	$2.462B	$2.314B	$2.408B	$2.381B
YoY Change	1.08%	0.04%	17.19%	4.74%	6.41%	-3.9%	1.11%
Total Assets	$9.011B	$7.917B	$7.166B	$6.701B	$6.086B	$5.248B	$6.730B	$6.326B
YoY Change
Accounts Payable	$66.70M	$54.30M	$51.70M	$38.90M	$43.20M	$41.50M	$48.80M	$46.40M
YoY Change	22.84%	5.03%	32.9%	-9.95%	4.1%	-14.96%	5.17%
Accrued Expenses	$130.3M	$131.4M	$113.3M	$95.60M	$98.60M	$78.40M	$101.4M	$124.9M
YoY Change	-0.84%	15.98%	18.51%	-3.04%	25.77%	-22.68%	-18.82%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$7.600M	$7.800M	$8.300M	$7.200M	$10.80M	$6.800M	$0.00	$2.300M
YoY Change	-2.56%	-6.02%	15.28%	-33.33%	58.82%		-100.0%
Total Short-Term Liabilities	$5.335B	$4.534B	$3.742B	$3.864B	$3.372B	$2.770B	$4.273B	$3.879B
YoY Change	17.68%	21.16%	-3.16%	14.6%	21.74%	-35.18%	10.14%
Long-Term Debt	$1.210B	$1.213B	$1.124B	$660.6M	$666.3M	$663.5M	$1.120B	$1.140B
YoY Change	-0.27%	7.92%	70.21%	-0.86%	0.42%	-40.75%	-1.75%
Other Long-Term Liabilities	$67.70M	$60.90M	$72.40M	$78.60M	$165.4M	$199.2M	$208.6M	$301.3M
YoY Change	11.17%	-15.88%	-7.89%	-52.48%	-16.97%	-4.51%	-30.77%
Total Long-Term Liabilities	$1.278B	$1.274B	$1.197B	$739.2M	$831.7M	$862.7M	$1.328B	$1.441B
YoY Change	0.27%	6.48%	61.9%	-11.12%	-3.59%	-35.06%	-7.82%
Total Liabilities	$6.613B	$5.808B	$4.939B	$4.603B	$4.203B	$3.632B	$5.639B	$5.359B
YoY Change	13.86%	17.6%	7.29%	9.51%	15.72%	-35.58%	5.22%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Basic Shares Outstanding	155.3M	152.9M	150.4M	146.8M	142.0M	114.0M	65.20M	64.99M
Diluted Shares Outstanding	158.5M	152.9M	150.4M	146.8M	148.8M	114.0M	65.20M	64.99M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $12.102 Billion

About Dayforce Inc

Dayforce, Inc. engages in the development of human capital management software. The company is headquartered in Minneapolis, Minnesota and currently employs 9,084 full-time employees. The company went IPO on 2018-04-26. The Company’s Dayforce, which is a flagship cloud HCM platform, provides a full suite of HCM functionality, including global human resources (HR), payroll and tax, workforce management, benefits, and talent intelligence functionality. The firm also sells Powerpay, a cloud HR and payroll solution for the Canadian small business market, through both direct sales and established partner channels. Dayforce Human Resources provides HR professionals, managers, and employees a single, complete record of all of their HR information. Dayforce Workforce Management helps organizations manage their workforces by configuring the system to meet complex employment and working time rules and policies. Dayforce Wallet is a digital payment solution that gives employees instant access to their net earnings. The firm also offer payroll and payroll-related services using legacy technology and on-premises technology.

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