Paychex Days Of Payables Outstanding from 2010 to 2024

PAYX Stock  USD 146.27  0.56  0.38%   
Paychex Days Of Payables Outstanding yearly trend continues to be fairly stable with very little volatility. Days Of Payables Outstanding will likely drop to 19.42 in 2024. During the period from 2010 to 2024, Paychex Days Of Payables Outstanding regression line of annual values had r-squared of  0.21 and arithmetic mean of  25.08. View All Fundamentals
 
Days Of Payables Outstanding  
First Reported
2010-12-31
Previous Quarter
25.734807
Current Value
19.42
Quarterly Volatility
4.16007785
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Paychex financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Paychex's main balance sheet or income statement drivers, such as Depreciation And Amortization of 185.3 M, Interest Expense of 39.2 M or Total Revenue of 5.5 B, as well as many indicators such as Price To Sales Ratio of 5.7, Dividend Yield of 0.0169 or PTB Ratio of 12.57. Paychex financial statements analysis is a perfect complement when working with Paychex Valuation or Volatility modules.
  
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.

Latest Paychex's Days Of Payables Outstanding Growth Pattern

Below is the plot of the Days Of Payables Outstanding of Paychex over the last few years. It is Paychex's Days Of Payables Outstanding 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.
Days Of Payables Outstanding10 Years Trend
Slightly volatile
   Days Of Payables Outstanding   
       Timeline  

Paychex Days Of Payables Outstanding Regression Statistics

Arithmetic Mean25.08
Geometric Mean24.80
Coefficient Of Variation16.59
Mean Deviation2.82
Median24.15
Standard Deviation4.16
Sample Variance17.31
Range17.9485
R-Value(0.46)
Mean Square Error14.73
R-Squared0.21
Significance0.09
Slope(0.43)
Total Sum of Squares242.29

Paychex Days Of Payables Outstanding History

2024 19.42
2023 25.73
2022 21.28
2021 28.45
2020 25.55
2019 22.63
2018 23.52

About Paychex Financial Statements

Paychex investors use historical fundamental indicators, such as Paychex's Days Of Payables Outstanding, 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 Paychex. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Payables Outstanding 25.73  19.42 

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Additional 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.