Paychex Total Current Assets from 2010 to 2024

PAYX Stock  USD 145.26  0.80  0.55%   
Paychex Total Current Assets yearly trend continues to be fairly stable with very little volatility. Total Current Assets are likely to outpace its year average in 2024. Total Current Assets is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. View All Fundamentals
 
Total Current Assets  
First Reported
1986-05-31
Previous Quarter
7.3 B
Current Value
7.4 B
Quarterly Volatility
2.5 B
 
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 Total Current Assets Growth Pattern

Below is the plot of the Total Current Assets of Paychex over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. Paychex's Total Current Assets 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.
Total Current Assets10 Years Trend
Slightly volatile
   Total Current Assets   
       Timeline  

Paychex Total Current Assets Regression Statistics

Arithmetic Mean5,482,751,667
Geometric Mean3,853,591,766
Coefficient Of Variation32.69
Mean Deviation1,096,815,111
Median5,464,600,000
Standard Deviation1,792,186,925
Sample Variance3211934T
Range7.6B
R-Value0.81
Mean Square Error1192631.4T
R-Squared0.66
Significance0.0003
Slope324,383,304
Total Sum of Squares44967075.7T

Paychex Total Current Assets History

20247.6 B
20237.3 B
20227.5 B
20216.6 B
20206.2 B
20195.5 B
20185.7 B

About Paychex Financial Statements

Paychex investors use historical fundamental indicators, such as Paychex's Total Current Assets, 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
Total Current Assets7.3 B7.6 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.