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Paychex (BSP:P1AY34) Deferred Tax : R$-195 Mil (TTM As of Feb. 2024)


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What is Paychex Deferred Tax?

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

Paychex's change in deferred tax for the three months ended in Feb. 2024 was R$-72 Mil. Its change in deferred tax for the trailing twelve months (TTM) ended in Feb. 2024 was R$-195 Mil.

Paychex Deferred Tax Historical Data

The historical data trend for Paychex's Deferred Tax 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.

* Premium members only.

Paychex Deferred Tax Chart

Paychex Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Deferred Tax
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.76 -22.56 -110.99 11.41 -219.18

Paychex Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Deferred Tax 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 -53.36 -91.66 -15.68 -15.67 -71.93

Paychex Deferred Tax Calculation

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

Deferred Tax for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R$-195 Mil.


* 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.

Paychex Deferred Tax Related Terms

Thank you for viewing the detailed overview of Paychex's Deferred Tax provided by GuruFocus.com. Please click on the following links to see related term pages.

Paychex (BSP:P1AY34) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Paychex Inc (BSP:P1AY34) » Definitions » Deferred Tax
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Traded in Other Exchanges
PAYX:USA PCX:Germany
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.

Paychex (BSP:P1AY34) Headlines

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