Paycom Software (BSP:P1YC34) Accounts Payable & Accrued Expense : R$900 Mil (As of Dec. 2023)

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What is Paycom Software Accounts Payable & Accrued Expense?

Paycom Software's quarterly accounts payable & accrued expense declined from Jun. 2023 (R$773 Mil) to Sep. 2023 (R$719 Mil) but then increased from Sep. 2023 (R$719 Mil) to Dec. 2023 (R$900 Mil).

Paycom Software's annual accounts payable & accrued expense increased from Dec. 2021 (R$711 Mil) to Dec. 2022 (R$784 Mil) and increased from Dec. 2022 (R$784 Mil) to Dec. 2023 (R$900 Mil).

Paycom Software Accounts Payable & Accrued Expense Historical Data

The historical data trend for Paycom Software's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Paycom Software Accounts Payable & Accrued Expense Chart

Paycom Software Annual Data

Trend

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Accounts Payable & Accrued Expense

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319.59

458.88

711.30

784.22

900.36

Paycom Software Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															784.22	798.26	772.86	718.76	900.36

Paycom Software Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Paycom Software (BSP:P1YC34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Paycom Software Inc (BSP:P1YC34) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

PAYC:USA PAYC:Mexico

Address

7501 W. Memorial Road, Oklahoma, OK, USA, 73142

Website

https://www.paycom.com

Paycom is a fast-growing provider of payroll and human capital management, or HCM, software primarily targeting clients with 50-10,000 employees in the United States. Paycom was established in 1998 and services about 19,000 clients as of 2022, based on parent company grouping. Alongside its core payroll software, Paycom offers various HCM add-on modules, including time and attendance, talent management, and benefits administration.

Paycom Software (BSP:P1YC34) Headlines

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