GURUFOCUS.COM » STOCK LIST » Technology » Software » Paychex Inc (FRA:PCX) » Definitions » Days Payable

Paychex (FRA:PCX) Days Payable : 29.92 (As of May. 2025)


View and export this data going back to . Start your Free Trial

What is Paychex Days Payable?

Paychex's average Accounts Payable for the three months ended in May. 2025 was €115 Mil. Paychex's Cost of Goods Sold for the three months ended in May. 2025 was €349 Mil. Hence, Paychex's Days Payable for the three months ended in May. 2025 was 29.92.

The historical rank and industry rank for Paychex's Days Payable or its related term are showing as below:

FRA:PCX' s Days Payable Range Over the Past 10 Years
Min: 22.13   Med: 23.39   Max: 27.74
Current: 24.78

During the past 13 years, Paychex's highest Days Payable was 27.74. The lowest was 22.13. And the median was 23.39.

FRA:PCX's Days Payable is ranked worse than
75.11% of 2547 companies
in the Software industry
Industry Median: 53.11 vs FRA:PCX: 24.78

Paychex's Days Payable increased from May. 2024 (24.14) to May. 2025 (29.92). It may suggest that Paychex delayed paying its suppliers.

Paychex Days Payable Historical Data

The historical data trend for Paychex's Days Payable 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 Days Payable Chart

Paychex Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.48 24.64 24.29 23.26 28.26

Paychex Quarterly Data
Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25
Days Payable 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 24.14 22.48 20.11 24.29 29.92

Competitive Comparison of Paychex's Days Payable

For the Software - Application subindustry, Paychex's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Paychex's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Paychex's Days Payable distribution charts can be found below:

* The bar in red indicates where Paychex's Days Payable falls into.


;
;

Paychex Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Paychex's Days Payable for the fiscal year that ended in May. 2025 is calculated as

Days Payable (A: May. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: May. 2024 ) + Accounts Payable (A: May. 2025 )) / count ) / Cost of Goods Sold (A: May. 2025 )*Days in Period
=( (96.477 + 115.133) / 2 ) / 1366.335*365
=105.805 / 1366.335*365
=28.26

Paychex's Days Payable for the quarter that ended in May. 2025 is calculated as:

Days Payable (Q: May. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Feb. 2025 ) + Accounts Payable (Q: May. 2025 )) / count ) / Cost of Goods Sold (Q: May. 2025 )*Days in Period
=( (113.952 + 115.133) / 2 ) / 349.389*365 / 4
=114.5425 / 349.389*365 / 4
=29.92

* 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 Days Payable Related Terms

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

Paychex Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Paychex Inc (FRA:PCX) » Definitions » Days Payable
Comparable Companies
TEAM ROP ADSK WDAY SNOW FICO DDOG TTD HUBS ANSS XTER:SAP CRM NOW INTU UBER ADBE TSX:SHOP ADP APP MSTR
Traded in Other Exchanges
PAYX:USA 1PAYX:Italy 0KGE:UK P1AY34:Brazil PAYX:Austria
Address
911 Panorama Trail South, Rochester, NY, USA, 14625-2396
Website
https://www.paychex.com
Paychex is a technology company providing human capital management solutions, enabling clients to better implement payroll, talent, time, tax, and benefits administration. It has a diverse set of product offerings addressing client needs. Aside from its traditional cloud-based payroll and HCM software offering, which accounts for close to half of total revenue, the company provides outsourcing options. Paychex's administrative service organization and professional employer organization accounts generate over 40% of sales. The balance of revenue is generated through retirement services, insurance solutions, and other products. In fiscal 2024, the company had 745,000 clients and over 2.3 million worksite employees across its ASO and PEO.