GURUFOCUS.COM » STOCK LIST » Technology » Software » Paychex Inc (NAS:PAYX) » Definitions » Total Current Liabilities

PAYX (Paychex) Total Current Liabilities : $6,956 Mil (As of May. 2025)


View and export this data going back to 1983. Start your Free Trial

What is Paychex Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Paychex's total current liabilities for the quarter that ended in May. 2025 was $6,956

Paychex Total Current Liabilities Historical Data

The historical data trend for Paychex's Total Current Liabilities 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 Total Current Liabilities Chart

Paychex Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,938.20 5,269.20 5,805.40 5,309.10 6,956.30

Paychex Quarterly Data
Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25
Total Current Liabilities 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 5,309.10 5,343.90 5,329.20 5,799.70 6,956.30

Paychex Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

Paychex's Total Current Liabilities for the fiscal year that ended in May. 2025 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=129.8+418.4
+Other Current Liabilities+Current Deferred Liabilities
=6338.7+69.4
=6,956

Paychex's Total Current Liabilities for the quarter that ended in May. 2025 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=129.8+418.4
+Other Current Liabilities+Current Deferred Liabilities
=6338.7+69.4
=6,956

* 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.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

Paychex Total Current Liabilities Related Terms

Thank you for viewing the detailed overview of Paychex's Total Current Liabilities 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 (NAS:PAYX) » Definitions » Total Current Liabilities
Comparable Companies
TEAM DDOG FICO ROP WDAY ADSK ANSS SNOW HUBS TYL XTER:SAP CRM INTU NOW UBER ADBE TSX:SHOP ADP MSTR CDNS
Traded in Other Exchanges
1PAYX:Italy 0KGE:UK PCX:Germany PCX:Germany PCX:Germany 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.
Executives
Joseph M Velli director
Michael E Gioja officer: Sr. Vice President 911 PANORAMA TRAIL SOUTH, ROCHESTER NY 14625
Mark Anthony Bottini officer: Sr. VP of Sales 911 PANORAMA TRAIL SOUTH, ROCHESTER NY 14625
Robert L. Schrader officer: VP/Controller 911 PANORAMA TRAIL SOUTH, ROCHESTER NY 14625
Joseph Doody director CASELLA WASTE SYSTEMS INC, 25 GREENS HILL LANE PO BOX 866, RUTLAND VT 05701
Christopher C Simmons officer: VP, Controller & Treasurer 911 PANORAMA TRAIL SOUTH, ROCHESTER NY 14625
Flaschen David J S director 911 PANORAMA TRAIL SOUTH, ROCHESTER NY 14625
John B Gibson officer: Sr. VP, Service CONVERGYS CORPORATION, 201 EAST FOURTH STREET, CINCINNATI OH 45202
Martin Mucci officer: Sr. Vice President 911 PANORAMA TRAIL S, ROCHESTER NY 14625
Efrain Rivera officer: Sr. Vice President, CFO 911 PANORAMA TRAIL SOUTH, ROCHESTER NY 14625
Joseph M Tucci director EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
Elizabeth Roaldsen officer: Sr. Vice President 911 PANORAMA TRAIL SOUTH, ROCHESTER NY 14625
Karen E. Saunders-mcclendon officer: VP, Chief Human Resources Offi 911 PANORAMA TRAIL SOUTH, ROCHESTER NY 14625
Theresa M. Payton director 911 PANORAMA TRAIL SOUTH, ROCHESTER NY 14625
Stephanie L Schaeffer officer: Chief Legal Officer 911 PANORAMA TRAIL SOUTH, ROCHESTER NY 14625