Paycom Accounts Payable vs Common Stock Analysis

PAYC Stock  USD 227.02  7.24  3.29%   
Paycom Soft financial indicator trend analysis is much more than just breaking down Paycom Soft prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Paycom Soft is a good investment. Please check the relationship between Paycom Soft Accounts Payable and its Common Stock accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paycom Soft. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For information on how to trade Paycom Stock refer to our How to Trade Paycom Stock guide.

Accounts Payable vs Common Stock

Accounts Payable vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Paycom Soft Accounts Payable account and Common Stock. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Paycom Soft's Accounts Payable and Common Stock is -0.48. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Common Stock in the same time period over historical financial statements of Paycom Soft, assuming nothing else is changed. The correlation between historical values of Paycom Soft's Accounts Payable and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Paycom Soft are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Accounts Payable i.e., Paycom Soft's Accounts Payable and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.48
Relationship DirectionNegative 
Relationship StrengthVery Weak

Accounts Payable

An accounting item on the balance sheet that represents Paycom Soft obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Paycom Soft are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Common Stock

Most indicators from Paycom Soft's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Paycom Soft 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paycom Soft. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For information on how to trade Paycom Stock refer to our How to Trade Paycom Stock guide.At present, Paycom Soft's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.23, whereas Enterprise Value Over EBITDA is forecasted to decline to 22.10.
 2021 2022 2023 2024 (projected)
Interest Expense2.4M2.5M1.9M1.6M
Depreciation And Amortization135.2M179.1M221.3M232.4M

Paycom Soft fundamental ratios Correlations

0.440.110.490.490.350.40.410.43-0.350.360.380.360.360.320.380.380.360.4-0.140.40.330.48-0.30.480.33
0.440.320.990.990.890.910.890.9-0.910.880.860.910.890.880.90.510.910.88-0.320.980.830.99-0.741.00.84
0.110.320.290.290.330.290.340.32-0.140.360.510.270.350.320.320.260.270.32-0.350.360.190.29-0.550.30.4
0.490.990.291.00.870.90.890.9-0.890.870.840.890.870.860.890.560.890.87-0.320.960.831.0-0.741.00.82
0.490.990.291.00.870.90.890.9-0.90.870.850.890.870.860.890.560.890.87-0.320.960.831.0-0.741.00.82
0.350.890.330.870.870.980.990.99-0.921.00.790.961.00.970.990.490.960.98-0.680.880.750.87-0.870.880.98
0.40.910.290.90.90.980.990.99-0.910.980.760.940.990.960.990.550.940.98-0.620.910.760.9-0.860.90.96
0.410.890.340.890.890.990.991.0-0.880.990.780.930.990.960.990.60.930.98-0.690.880.750.89-0.90.890.97
0.430.90.320.90.90.990.991.0-0.90.990.790.940.990.960.990.590.940.98-0.660.880.760.9-0.870.90.97
-0.35-0.91-0.14-0.89-0.9-0.92-0.91-0.88-0.9-0.89-0.81-0.98-0.89-0.89-0.89-0.32-0.98-0.890.39-0.89-0.82-0.90.64-0.9-0.88
0.360.880.360.870.871.00.980.990.99-0.890.780.941.00.970.990.540.940.98-0.70.870.740.87-0.90.870.98
0.380.860.510.840.850.790.760.780.79-0.810.780.830.770.70.780.510.830.77-0.320.820.80.84-0.620.850.78
0.360.910.270.890.890.960.940.930.94-0.980.940.830.940.930.940.371.00.94-0.520.890.80.89-0.740.890.94
0.360.890.350.870.871.00.990.990.99-0.891.00.770.940.970.990.530.940.98-0.690.880.740.87-0.90.880.98
0.320.880.320.860.860.970.960.960.96-0.890.970.70.930.970.960.410.930.97-0.650.870.730.86-0.90.870.94
0.380.90.320.890.890.990.990.990.99-0.890.990.780.940.990.960.580.940.98-0.650.90.770.89-0.890.90.96
0.380.510.260.560.560.490.550.60.59-0.320.540.510.370.530.410.580.370.49-0.420.450.430.55-0.570.540.51
0.360.910.270.890.890.960.940.930.94-0.980.940.831.00.940.930.940.370.94-0.520.890.80.89-0.740.890.94
0.40.880.320.870.870.980.980.980.98-0.890.980.770.940.980.970.980.490.94-0.680.860.770.87-0.860.880.97
-0.14-0.32-0.35-0.32-0.32-0.68-0.62-0.69-0.660.39-0.7-0.32-0.52-0.69-0.65-0.65-0.42-0.52-0.68-0.29-0.25-0.310.75-0.31-0.75
0.40.980.360.960.960.880.910.880.88-0.890.870.820.890.880.870.90.450.890.86-0.290.80.96-0.760.970.83
0.330.830.190.830.830.750.760.750.76-0.820.740.80.80.740.730.770.430.80.77-0.250.80.83-0.590.830.7
0.480.990.291.01.00.870.90.890.9-0.90.870.840.890.870.860.890.550.890.87-0.310.960.83-0.741.00.82
-0.3-0.74-0.55-0.74-0.74-0.87-0.86-0.9-0.870.64-0.9-0.62-0.74-0.9-0.9-0.89-0.57-0.74-0.860.75-0.76-0.59-0.74-0.74-0.86
0.481.00.31.01.00.880.90.890.9-0.90.870.850.890.880.870.90.540.890.88-0.310.970.831.0-0.740.83
0.330.840.40.820.820.980.960.970.97-0.880.980.780.940.980.940.960.510.940.97-0.750.830.70.82-0.860.83
Click cells to compare fundamentals

Paycom Soft Account Relationship Matchups

Paycom Soft fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding58.4M58.3M58.2M58.2M58.0M56.8M
Total Assets2.5B2.6B3.2B3.9B4.2B2.1B
Short Long Term Debt Total32.6M30.9M29.2M44.0M75.9M43.6M
Other Current Liab1.7B1.7B2.0B2.3B2.5B1.4B
Total Current Liabilities1.8B1.7B2.0B2.4B2.5B1.4B
Total Stockholder Equity526.6M655.6M893.7M1.2B1.3B1.4B
Other Liab157.5M185.9M303.6M287.8M331.0M347.6M
Property Plant And Equipment Net238.5M285.2M349.0M402.4M498.2M523.1M
Current Deferred Revenue11.1M13.6M16.3M19.8M22.8M24.0M
Net Debt(101.0M)(120.8M)(248.8M)(371.7M)(218.1M)(207.2M)
Retained Earnings576.2M719.6M915.6M1.2B1.5B1.5B
Accounts Payable5.1M6.8M5.8M16.1M13.9M7.3M
Cash133.7M151.7M278.0M400.7M294.0M308.7M
Non Current Assets Total615.8M743.3M963.1M1.1B1.4B1.5B
Non Currrent Assets Other325.5M406.2M504.2M489.0M640.2M672.2M
Other Assets297.8M406.2M504.2M590.2M678.7M712.7M
Long Term Debt30.9M29.1M27.4M29M33.4M31.6M
Cash And Short Term Investments133.7M151.7M278.0M400.7M294.0M308.7M
Net Receivables13.3M19.6M25.9M28.4M34.8M36.6M
Liabilities And Stockholders Equity2.5B2.6B3.2B3.9B4.2B2.1B
Non Current Liabilities Total206.8M234.2M331.0M342.9M359.9M182.9M
Inventory1.2M1.2M1.1M1.6M1.4M1.1M
Other Current Assets1.7B1.7B1.9B2.3B2.5B1.4B
Other Stockholder Equity(50.2M)(64.6M)(22.5M)(11.3M)(166.5M)(158.2M)
Total Liab2.0B2.0B2.3B2.7B2.9B1.6B
Property Plant And Equipment Gross238.5M285.2M591.6M733.8M935.5M982.3M
Total Current Assets1.9B1.9B2.3B2.8B2.8B1.6B
Accumulated Other Comprehensive Income(53.5M)(83.0M)0.0(3.7M)(1.0M)(1.1M)
Intangible Assets532K319K58.0M54.0M50.1M52.6M
Property Plant Equipment238.5M285.2M349.0M402.4M462.8M486.0M
Common Stock Total Equity613K618K623K625K562.5K534.4K
Common Stock613K618K623K625K627K595.7K
Net Tangible Assets474.7M603.8M783.8M1.1B1.2B1.3B
Retained Earnings Total Equity576.2M719.6M915.6M1.2B1.4B1.4B
Long Term Debt Total30.9M29.1M27.4M29M33.4M32.2M
Capital Surpluse257.5M357.9M465.6M576.6M663.1M696.3M
Deferred Long Term Liab156.4M185.9M461.9M238.6M274.4M185.8M
Treasury Stock(307.7M)(422.5M)(488.1M)(587.9M)(529.1M)(502.7M)

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Paycom Soft offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Paycom Soft's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Paycom Soft Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Paycom Soft Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paycom Soft. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For information on how to trade Paycom Stock refer to our How to Trade Paycom Stock guide.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Paycom Soft. If investors know Paycom will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Paycom Soft listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.008
Dividend Share
1.5
Earnings Share
8.31
Revenue Per Share
32.262
Quarterly Revenue Growth
0.112
The market value of Paycom Soft is measured differently than its book value, which is the value of Paycom that is recorded on the company's balance sheet. Investors also form their own opinion of Paycom Soft's value that differs from its market value or its book value, called intrinsic value, which is Paycom Soft's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Paycom Soft's market value can be influenced by many factors that don't directly affect Paycom Soft's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Paycom Soft's value and its price as these two are different measures arrived at by different means. Investors typically determine if Paycom Soft is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Paycom Soft's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.