Paychex Begin Period Cash Flow vs Change In Cash Analysis

0KGE Stock

142.69 0.63 0.44%

Paychex financial indicator trend analysis is much more than just breaking down Paychex prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Paychex is a good investment. Please check the relationship between Paychex Begin Period Cash Flow and its Change In Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Paychex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy Paychex Stock please use our How to Invest in Paychex guide.

Begin Period Cash Flow vs Change In Cash

Begin Period Cash Flow vs Change In Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Paychex Begin Period Cash Flow account and Change In Cash. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Paychex's Begin Period Cash Flow and Change In Cash is -0.45. Overlapping area represents the amount of variation of Begin Period Cash Flow that can explain the historical movement of Change In Cash in the same time period over historical financial statements of Paychex, assuming nothing else is changed. The correlation between historical values of Paychex's Begin Period Cash Flow and Change In Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Begin Period Cash Flow of Paychex are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Begin Period Cash Flow i.e., Paychex's Begin Period Cash Flow and Change In Cash go up and down completely randomly.

Correlation Coefficient

-0.45

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Begin Period Cash Flow

The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.

Change In Cash

Most indicators from Paychex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Paychex current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Paychex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy Paychex Stock please use our How to Invest in Paychex guide.Selling General Administrative is likely to gain to about 1.8 B in 2024, whereas Tax Provision is likely to drop slightly above 292.8 M in 2024.

	2021	2022	2023	2024 (projected)
Total Revenue	4.6B	5.0B	5.3B	5.5B
Depreciation And Amortization	191.8M	176.6M	176.5M	185.3M

Total Revenue Depreciation And Amortization

Paychex fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Current Deferred Revenue	Inventory	Intangible Assets	Common Stock	Good Will
Total Assets		0.71	0.7	0.72	0.97	0.75	-0.26	0.94	0.78	0.93	0.8	0.87	0.85	0.08	0.78	0.58	0.96	0.99	0.98	-0.22	0.95	0.82	0.78	0.64	-0.56	0.72
Short Long Term Debt Total	0.71		0.96	0.96	0.56	0.93	0.01	0.49	0.23	0.57	0.27	0.38	0.3	0.71	0.33	0.93	0.56	0.78	0.75	0.27	0.6	0.34	0.79	0.4	0.02	0.47
Other Current Liab	0.7	0.96		1.0	0.54	0.88	-0.04	0.48	0.21	0.52	0.24	0.37	0.32	0.72	0.28	0.96	0.56	0.78	0.76	0.31	0.59	0.34	0.79	0.35	0.05	0.46
Total Current Liabilities	0.72	0.96	1.0		0.57	0.89	-0.04	0.5	0.24	0.55	0.27	0.4	0.35	0.71	0.31	0.95	0.58	0.8	0.78	0.28	0.61	0.37	0.8	0.37	0.03	0.48
Total Stockholder Equity	0.97	0.56	0.54	0.57		0.64	-0.33	0.98	0.88	0.95	0.89	0.94	0.94	-0.08	0.85	0.4	0.98	0.93	0.93	-0.38	0.94	0.89	0.67	0.64	-0.68	0.75
Property Plant And Equipment Net	0.75	0.93	0.88	0.89	0.64		0.1	0.56	0.38	0.72	0.48	0.51	0.45	0.65	0.57	0.77	0.66	0.8	0.73	0.04	0.67	0.52	0.61	0.63	0.04	0.72
Net Debt	-0.26	0.01	-0.04	-0.04	-0.33	0.1		-0.36	-0.52	-0.1	-0.13	-0.3	-0.29	0.31	-0.01	-0.1	-0.29	-0.21	-0.33	-0.07	-0.18	-0.26	-0.36	0.18	0.62	0.12
Retained Earnings	0.94	0.49	0.48	0.5	0.98	0.56	-0.36		0.89	0.91	0.89	0.96	0.93	-0.14	0.83	0.34	0.93	0.89	0.9	-0.47	0.91	0.84	0.64	0.57	-0.71	0.7
Cash	0.78	0.23	0.21	0.24	0.88	0.38	-0.52	0.89		0.84	0.91	0.9	0.9	-0.34	0.86	0.05	0.85	0.69	0.7	-0.58	0.76	0.87	0.36	0.62	-0.73	0.71
Non Current Assets Total	0.93	0.57	0.52	0.55	0.95	0.72	-0.1	0.91	0.84		0.93	0.88	0.89	-0.02	0.95	0.35	0.94	0.9	0.84	-0.45	0.92	0.9	0.53	0.84	-0.52	0.88
Non Currrent Assets Other	0.8	0.27	0.24	0.27	0.89	0.48	-0.13	0.89	0.91	0.93		0.93	0.96	-0.25	0.98	0.02	0.88	0.72	0.68	-0.7	0.83	0.91	0.28	0.75	-0.6	0.87
Cash And Short Term Investments	0.87	0.38	0.37	0.4	0.94	0.51	-0.3	0.96	0.9	0.88	0.93		0.94	-0.19	0.87	0.19	0.91	0.8	0.81	-0.6	0.84	0.86	0.47	0.56	-0.65	0.75
Net Receivables	0.85	0.3	0.32	0.35	0.94	0.45	-0.29	0.93	0.9	0.89	0.96	0.94		-0.27	0.88	0.12	0.94	0.78	0.78	-0.56	0.88	0.92	0.43	0.62	-0.7	0.78
Common Stock Shares Outstanding	0.08	0.71	0.72	0.71	-0.08	0.65	0.31	-0.14	-0.34	-0.02	-0.25	-0.19	-0.27		-0.15	0.71	-0.06	0.18	0.13	0.43	-0.03	-0.19	0.26	0.07	0.64	0.18
Non Current Liabilities Total	0.78	0.33	0.28	0.31	0.85	0.57	-0.01	0.83	0.86	0.95	0.98	0.87	0.88	-0.15		0.07	0.84	0.72	0.65	-0.68	0.81	0.87	0.24	0.86	-0.47	0.92
Other Current Assets	0.58	0.93	0.96	0.95	0.4	0.77	-0.1	0.34	0.05	0.35	0.02	0.19	0.12	0.71	0.07		0.41	0.68	0.68	0.51	0.46	0.16	0.84	0.18	0.07	0.21
Other Stockholder Equity	0.96	0.56	0.56	0.58	0.98	0.66	-0.29	0.93	0.85	0.94	0.88	0.91	0.94	-0.06	0.84	0.41		0.92	0.91	-0.3	0.93	0.92	0.65	0.65	-0.63	0.76
Total Liab	0.99	0.78	0.78	0.8	0.93	0.8	-0.21	0.89	0.69	0.9	0.72	0.8	0.78	0.18	0.72	0.68	0.92		0.98	-0.12	0.93	0.76	0.83	0.62	-0.48	0.69
Total Current Assets	0.98	0.75	0.76	0.78	0.93	0.73	-0.33	0.9	0.7	0.84	0.68	0.81	0.78	0.13	0.65	0.68	0.91	0.98		-0.09	0.91	0.73	0.88	0.49	-0.55	0.59
Short Term Debt	-0.22	0.27	0.31	0.28	-0.38	0.04	-0.07	-0.47	-0.58	-0.45	-0.7	-0.6	-0.56	0.43	-0.68	0.51	-0.3	-0.12	-0.09		-0.31	-0.4	0.31	-0.41	0.33	-0.55
Accounts Payable	0.95	0.6	0.59	0.61	0.94	0.67	-0.18	0.91	0.76	0.92	0.83	0.84	0.88	-0.03	0.81	0.46	0.93	0.93	0.91	-0.31		0.81	0.71	0.65	-0.63	0.72
Current Deferred Revenue	0.82	0.34	0.34	0.37	0.89	0.52	-0.26	0.84	0.87	0.9	0.91	0.86	0.92	-0.19	0.87	0.16	0.92	0.76	0.73	-0.4	0.81		0.39	0.72	-0.61	0.8
Inventory	0.78	0.79	0.79	0.8	0.67	0.61	-0.36	0.64	0.36	0.53	0.28	0.47	0.43	0.26	0.24	0.84	0.65	0.83	0.88	0.31	0.71	0.39		0.18	-0.46	0.2
Intangible Assets	0.64	0.4	0.35	0.37	0.64	0.63	0.18	0.57	0.62	0.84	0.75	0.56	0.62	0.07	0.86	0.18	0.65	0.62	0.49	-0.41	0.65	0.72	0.18		-0.18	0.88
Common Stock	-0.56	0.02	0.05	0.03	-0.68	0.04	0.62	-0.71	-0.73	-0.52	-0.6	-0.65	-0.7	0.64	-0.47	0.07	-0.63	-0.48	-0.55	0.33	-0.63	-0.61	-0.46	-0.18		-0.18
Good Will	0.72	0.47	0.46	0.48	0.75	0.72	0.12	0.7	0.71	0.88	0.87	0.75	0.78	0.18	0.92	0.21	0.76	0.69	0.59	-0.55	0.72	0.8	0.2	0.88	-0.18

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Paychex Account Relationship Matchups

Paychex fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	8.6B	9.2B	9.6B	10.5B	10.4B	10.9B
Short Long Term Debt Total	898.8M	897.1M	881.2M	865.7M	885.5M	538.8M
Other Current Liab	4.3B	4.8B	5.1B	5.6B	5.1B	2.8B
Total Current Liabilities	4.4B	4.9B	5.3B	5.8B	5.3B	2.9B
Total Stockholder Equity	2.8B	2.9B	3.1B	3.5B	3.8B	4.0B
Property Plant And Equipment Net	522.2M	498.8M	480M	457.8M	458.6M	233.2M
Net Debt	(6.4M)	(98.1M)	511.2M	(356.3M)	(602.6M)	(572.5M)
Retained Earnings	1.4B	1.4B	1.7B	2.0B	2.2B	2.3B
Cash	905.2M	995.2M	370M	1.2B	1.5B	1.5B
Non Current Assets Total	3.1B	3.1B	3.1B	3.0B	3.1B	3.3B
Non Currrent Assets Other	432M	455.3M	512.5M	535.3M	592.1M	621.7M
Cash And Short Term Investments	932.4M	1.0B	1.2B	1.6B	1.5B	1.6B
Net Receivables	790.3M	1.1B	1.3B	1.4B	1.6B	1.7B
Common Stock Shares Outstanding	361.8M	361M	362.1M	363.1M	362.3M	300.6M
Liabilities And Stockholders Equity	8.6B	9.2B	9.6B	10.5B	10.4B	10.9B
Non Current Liabilities Total	1.3B	1.3B	1.3B	1.2B	1.3B	1.3B
Other Current Assets	3.7B	4.1B	4.0B	4.5B	4.1B	2.8B
Other Stockholder Equity	1.3B	1.4B	1.5B	1.6B	1.7B	1.8B
Total Liab	5.8B	6.3B	6.6B	7.1B	6.6B	6.9B
Total Current Assets	5.5B	6.2B	6.6B	7.5B	7.3B	7.6B
Accounts Payable	79.4M	89M	105.7M	84.7M	104.3M	109.5M
Accumulated Other Comprehensive Income	56.5M	51.8M	(133.9M)	(159.9M)	(145.1M)	(137.8M)
Current Deferred Revenue	39.2M	37.9M	38.4M	47.3M	50.2M	52.7M
Inventory	3.9B	3.5B	3.8B	4.2B	4.8B	5.1B
Intangible Assets	330.6M	275.8M	224.6M	187.4M	194.5M	174.1M
Good Will	1.8B	1.8B	1.8B	1.8B	1.9B	952.2M
Short Term Investments	27.2M	36.7M	853.9M	373.4M	33.9M	32.2M
Other Assets	377.4M	1.0	432M	455.3M	1.15	1.09
Capital Surpluse	1.1B	1.2B	1.3B	1.4B	1.7B	1.3B
Property Plant Equipment	408.7M	522.2M	498.8M	480M	552M	484.1M
Other Liab	415.1M	448.7M	451.3M	408.3M	469.5M	436.8M
Net Tangible Assets	437.8M	659.7M	851.5M	1.0B	926.2M	700.7M
Deferred Long Term Liab	366.3M	372.5M	384.1M	433.3M	498.3M	421.8M

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Paychex Begin Period Cash Flow vs Change In Cash Analysis

Begin Period Cash Flow vs Change In Cash

Begin Period Cash Flow vs Change In Cash Correlation Analysis

Correlation Coefficient

Begin Period Cash Flow

Change In Cash

Paychex fundamental ratios Correlations

Paychex Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Paychex fundamental ratios Accounts

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Additional Tools for Paychex Stock Analysis

COMMON DESTINATIONS

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COMPANY

Total Current Liabilities	+ 1.0	Other Current Liab
Total Liab	+ 0.99	Total Assets
Total Current Assets	+ 0.98	Total Assets
Retained Earnings	+ 0.98	Total Stockholder Equity
Other Stockholder Equity	+ 0.98	Total Stockholder Equity
Non Current Liabilities Total	+ 0.98	Non Currrent Assets Other

Common Stock	- 0.73	Cash
Common Stock	- 0.71	Retained Earnings
Common Stock	- 0.7	Net Receivables
Short Term Debt	- 0.7	Non Currrent Assets Other
Short Term Debt	- 0.68	Non Current Liabilities Total
Common Stock	- 0.68	Total Stockholder Equity