Paychex Cash And Short Term Investments from 2010 to 2024

PAYX Stock  USD 146.19  0.93  0.64%   
Paychex Cash And Short Term Investments yearly trend continues to be fairly stable with very little volatility. Cash And Short Term Investments are likely to outpace its year average in 2024. Cash And Short Term Investments is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. View All Fundamentals
 
Cash And Short Term Investments  
First Reported
1986-05-31
Previous Quarter
1.5 B
Current Value
1.5 B
Quarterly Volatility
725.8 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
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 Cash And Short Term Investments Growth Pattern

Below is the plot of the Cash And Short Term Investments of Paychex over the last few years. Short Term Investments is an account in the current assets section of Paychex balance sheet. This account contains Paychex investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Paychex fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. Paychex's Cash And Short Term Investments 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.
Cash And Short Term Investments10 Years Trend
Slightly volatile
   Cash And Short Term Investments   
       Timeline  

Paychex Cash And Short Term Investments Regression Statistics

Arithmetic Mean773,129,333
Geometric Mean408,496,956
Coefficient Of Variation65.94
Mean Deviation430,075,200
Median551,200,000
Standard Deviation509,797,294
Sample Variance259893.3T
Range1.6B
R-Value0.92
Mean Square Error43235.7T
R-Squared0.85
Slope104,820,286
Total Sum of Squares3638505.9T

Paychex Cash And Short Term Investments History

20241.6 B
20231.5 B
20221.6 B
20211.2 B
2020B
2019932.4 M
2018723.1 M

About Paychex Financial Statements

Paychex investors use historical fundamental indicators, such as Paychex's Cash And Short Term Investments, 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
Cash And Short Term Investments1.5 B1.6 B

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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.