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Paychex (FRA:PCX) Buildings And Improvements : €0 Mil (As of Feb. 2024)


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What is Paychex Buildings And Improvements?

Paychex's annual buildings and improvements increased from May. 2021 (€130 Mil) to May. 2022 (€149 Mil) but then declined from May. 2022 (€149 Mil) to May. 2023 (€120 Mil).

Paychex Buildings And Improvements Historical Data

The historical data trend for Paychex's Buildings And Improvements 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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Paychex Buildings And Improvements Chart

Paychex Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Buildings And Improvements
Get a 7-Day Free Trial Premium Member Only Premium Member Only 145.63 152.68 130.28 148.62 120.06

Paychex Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Buildings And Improvements Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 120.06 - - -

Paychex Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction.  Broker and architect fees, permits, etc. can be covered within this category.  Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized.  Improvements are commonly recorded at acquisition cost.  Building improvement examples include roofing, remodeling, replacements, etc.

Paychex (FRA:PCX) Business Description

Industry
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Traded in Other Exchanges
PAYX:USA
Address
911 Panorama Trail South, Rochester, NY, USA, 14625-2396
Website
https://www.paychex.com
Paychex is a leading provider of payroll, human capital management, and insurance solutions servicing small and midsize clients primarily in the United States. The company, established in 1979, services over 740,000 clients and pays over 1 in 12 U.S. private-sector workers. Alongside its traditional payroll services, Paychex offers HCM solutions such as benefits administration and time and attendance software, as well as human resources outsourcing and insurance agency services.