Paychex Accounts Payable from 2010 to 2024
| PAYX Stock | USD 119.41 0.60 0.51% |
Accounts Payable | First Reported 1989-08-31 | Previous Quarter 92.3 M | Current Value 94 M | Quarterly Volatility 29.1 M |
Check Paychex financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Paychex main balance sheet or income statement drivers, such as Depreciation And Amortization of 213.2 M, Total Revenue of 6 B or Gross Profit of 4.3 B, as well as many exotic indicators such as Price To Sales Ratio of 5.69, Dividend Yield of 0.0164 or PTB Ratio of 12.57. Paychex financial statements analysis is a perfect complement when working with Paychex Valuation or Volatility modules.
Paychex | Accounts Payable |
Latest Paychex's Accounts Payable Growth Pattern
Below is the plot of the Accounts Payable of Paychex over the last few years. An accounting item on the balance sheet that represents Paychex obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Paychex are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. It is the amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities. Paychex's Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Paychex's overall financial position and show how it may be relating to other accounts over time.
| Accounts Payable | 10 Years Trend |
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Accounts Payable |
| Timeline |
Paychex Accounts Payable Regression Statistics
| Arithmetic Mean | 69,238,683 | |
| Geometric Mean | 57,551,651 | |
| Coefficient Of Variation | 38.89 | |
| Mean Deviation | 20,724,280 | |
| Median | 74,500,000 | |
| Standard Deviation | 26,928,320 | |
| Sample Variance | 725.1T | |
| Range | 102.8M | |
| R-Value | 0.88 | |
| Mean Square Error | 182.8T | |
| R-Squared | 0.77 | |
| Significance | 0.000019 | |
| Slope | 5,269,488 | |
| Total Sum of Squares | 10151.9T |
Paychex Accounts Payable History
About Paychex Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Paychex income statement, its balance sheet, and the statement of cash flows. Paychex investors use historical funamental indicators, such as Paychex's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Paychex investors may use each financial statement separately, they are all related. The changes in Paychex's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Paychex's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Paychex Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Paychex. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Accounts Payable | 97.4 M | 102.3 M |
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Check out the analysis of Paychex Correlation against competitors. For more information on how to buy Paychex Stock please use our How to Invest in Paychex guide.You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Complementary Tools for Paychex Stock analysis
When running Paychex's price analysis, check to measure Paychex'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 Paychex is operating at the current time. Most of Paychex's value examination focuses on studying past and present price action to predict the probability of Paychex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paychex's price. Additionally, you may evaluate how the addition of Paychex to your portfolios can decrease your overall portfolio volatility.
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Is Paychex's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Paychex. If investors know Paychex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Paychex listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.07 | Dividend Share 3.56 | Earnings Share 4.59 | Revenue Per Share 14.461 | Quarterly Revenue Growth 0.042 |
The market value of Paychex is measured differently than its book value, which is the value of Paychex that is recorded on the company's balance sheet. Investors also form their own opinion of Paychex's value that differs from its market value or its book value, called intrinsic value, which is Paychex's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Paychex's market value can be influenced by many factors that don't directly affect Paychex's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Paychex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Paychex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Paychex's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.