Automatic Data Processing (WBO:ADP) Deferred Tax : €-62 Mil (TTM As of Dec. 2023)

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What is Automatic Data Processing 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.

Automatic Data Processing's change in deferred tax for the three months ended in Dec. 2023 was €-4 Mil. Its change in deferred tax for the trailing twelve months (TTM) ended in Dec. 2023 was €-62 Mil.

Automatic Data Processing Deferred Tax Historical Data

The historical data trend for Automatic Data Processing'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.

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Automatic Data Processing Deferred Tax Chart

Automatic Data Processing Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Deferred Tax

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8.23

23.09

-208.41

34.62

-73.93

Automatic Data Processing Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Deferred Tax	Get a 7-Day Free Trial															-10.01	-25.69	-57.69	25.11	-3.94

Automatic Data Processing Deferred Tax Calculation

Deferred Tax for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €-62 Mil.

Automatic Data Processing Deferred Tax Related Terms

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Automatic Data Processing (WBO:ADP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Automatic Data Processing Inc (WBO:ADP) » Definitions » Deferred Tax

Comparable Companies

Traded in Other Exchanges

ADP:USA ADAP:Mexico 1ADP:Italy ADP:Germany ADPR34:Brazil ADP:Argentina

Address

One ADP Boulevard, Roseland, NJ, USA, 07068

Website

https://www.adp.com

ADP is a provider of payroll and human capital management solutions servicing the full scope of businesses from micro to global enterprises. ADP was established in 1949 and serves over 1 million clients primarily in the United States. ADP's employer services segment offers payroll, human capital management solutions, human resources outsourcing, insurance and retirement services. The smaller but faster-growing professional employer organization segment provides HR outsourcing solutions to small and midsize businesses through a co-employment model.