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Paychex (BSP:P1AY34) Capex-to-Operating-Cash-Flow : 0.07 (As of Aug. 2024)


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What is Paychex Capex-to-Operating-Cash-Flow?

Capex-to-Operating-Cash-Flow assesses how much of a company’s cash flow from operations is being devoted to capital expenditure. It’s also useful to distinguish whether the company is capital intensive or not.

Paychex's Capital Expenditure for the three months ended in Aug. 2024 was R$-197.64 Mil. Its Cash Flow from Operations for the three months ended in Aug. 2024 was R$3,031.78 Mil.

Hence, Paychex's Capex-to-Operating-Cash-Flow for the three months ended in Aug. 2024 was 0.07.


Paychex Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Paychex's Capex-to-Operating-Cash-Flow 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 Capex-to-Operating-Cash-Flow Chart

Paychex Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Capex-to-Operating-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.09 0.08 0.08 0.09

Paychex Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
Capex-to-Operating-Cash-Flow 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 0.06 0.13 0.06 0.19 0.07

Competitive Comparison of Paychex's Capex-to-Operating-Cash-Flow

For the Software - Application subindustry, Paychex's Capex-to-Operating-Cash-Flow, along with its competitors' market caps and Capex-to-Operating-Cash-Flow 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 Capex-to-Operating-Cash-Flow Distribution in the Software Industry

For the Software industry and Technology sector, Paychex's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Paychex's Capex-to-Operating-Cash-Flow falls into.



Paychex Capex-to-Operating-Cash-Flow Calculation

Paychex's Capex-to-Operating-Cash-Flow for the fiscal year that ended in May. 2024 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-829.08) / 9748.105
=0.09

Paychex's Capex-to-Operating-Cash-Flow for the quarter that ended in Aug. 2024 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-197.641) / 3031.783
=0.07

* 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  (BSP:P1AY34) Capex-to-Operating-Cash-Flow Explanation

Capex-to-Operating-Cash-Flow ratio assesses how much of a company’s Cash Flow from Operations is being devoted to Capital Expenditure. It is a good indicator in terms of how much the company is focused on growth. In general, a high Capex-to-Operating-Cash-Flow ratio indicates that the company is investing more in physical assets and is focused on growth and expansion. Conversely, lower ratio could indicate that a company has reached maturity and is no longer pursuing aggressive growth.

Moreover, the ratio is also useful to distinguish whether the company is capital intensive or not. If the ratio is large, then the company tends to be capital intensive. Lower ratio suggests that it’s a capital-light business. The ratio can be combined with ROIC % to identify whether the company is an asset-light business that has a high return on invested capital. This is one question investors commonly ask to see if a company qualifies as a good company.


Paychex Capex-to-Operating-Cash-Flow Related Terms

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Paychex Business Description

Industry
Address
911 Panorama Trail South, Rochester, NY, USA, 14625-2396
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, founded in 1971, services over 745,000 clients and pays 1 in 12 US 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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