Paychex (BSP:P1AY34) Change In Receivables : R$91 Mil (TTM As of Feb. 2024)

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What is Paychex Change In Receivables?

Paychex's change in receivables for the quarter that ended in Feb. 2024 was R$-275 Mil. It means Paychex's Accounts Receivable increased by R$275 Mil from Nov. 2023 to Feb. 2024 .

Paychex's change in receivables for the fiscal year that ended in May. 2023 was R$-626 Mil. It means Paychex's Accounts Receivable increased by R$626 Mil from May. 2022 to May. 2023 .

Paychex's Accounts Receivable for the quarter that ended in Feb. 2024 was R$5,400 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. Paychex's Days Sales Outstanding for the three months ended in Feb. 2024 was 69.02.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Paychex's liquidation value for the three months ended in Feb. 2024 was R$-33,388 Mil.

Paychex Change In Receivables Historical Data

The historical data trend for Paychex's Change In Receivables 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 Change In Receivables Chart

Paychex Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Change In Receivables

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-448.65

317.50

-1,432.82

-1,363.92

-626.15

Paychex Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Change In Receivables	Get a 7-Day Free Trial															-327.43	104.11	245.55	17.14	-275.33

Paychex Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables 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$91 Mil.

Paychex (BSP:P1AY34) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Paychex's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	5400.436	/	7140.223	*	91
=	69.02

2. In Ben Graham's calculation of liquidation value, Paychex's accounts receivable are only considered to be worth 75% of book value:

Paychex's liquidation value for the quarter that ended in Feb. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	8583.349	-	46021.277	+	0.75 * 5400.436	+	0.5 * 0
=	-33,388

Paychex Change In Receivables Related Terms

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Paychex (BSP:P1AY34) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Paychex Inc (BSP:P1AY34) » Definitions » Change In Receivables

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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.

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