Paychex Operating Cycle from 2010 to 2024

PAYX Stock  USD 145.26  0.80  0.55%   
Paychex Operating Cycle yearly trend continues to be fairly stable with very little volatility. Operating Cycle is likely to outpace its year average in 2024. During the period from 2010 to 2024, Paychex Operating Cycle regression line of annual values had r-squared of  0.91 and arithmetic mean of  67.53. View All Fundamentals
 
Operating Cycle  
First Reported
2010-12-31
Previous Quarter
112.3912055
Current Value
118.01
Quarterly Volatility
33.44157702
 
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 Operating Cycle Growth Pattern

Below is the plot of the Operating Cycle of Paychex over the last few years. It is Paychex's Operating Cycle 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.
Operating Cycle10 Years Trend
Slightly volatile
   Operating Cycle   
       Timeline  

Paychex Operating Cycle Regression Statistics

Arithmetic Mean67.53
Geometric Mean59.01
Coefficient Of Variation49.52
Mean Deviation28.64
Median62.94
Standard Deviation33.44
Sample Variance1,118
Range91.9946
R-Value0.95
Mean Square Error112.20
R-Squared0.91
Slope7.12
Total Sum of Squares15,657

Paychex Operating Cycle History

2024 118.01
2023 112.39
2022 103.96
2021 104.33
2020 94.79
2019 71.39
2018 82.65

About Paychex Financial Statements

Paychex investors use historical fundamental indicators, such as Paychex's Operating Cycle, 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
Operating Cycle 112.39  118.01 

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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.