Paycom Software (LTS:0KGH) Cash And Cash Equivalents : $521 Mil (As of Mar. 2025)

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What is Paycom Software Cash And Cash Equivalents?

Paycom Software's quarterly cash and cash equivalents increased from Sep. 2024 ($325.76 Mil) to Dec. 2024 ($402.00 Mil) and increased from Dec. 2024 ($402.00 Mil) to Mar. 2025 ($520.80 Mil).

Paycom Software's annual cash and cash equivalents declined from Dec. 2022 ($400.73 Mil) to Dec. 2023 ($294.00 Mil) but then increased from Dec. 2023 ($294.00 Mil) to Dec. 2024 ($402.00 Mil).

Paycom Software Cash And Cash Equivalents Historical Data

The historical data trend for Paycom Software's Cash And Cash Equivalents 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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Paycom Software Cash And Cash Equivalents Chart

Paycom Software Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

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151.71

277.98

400.73

294.00

402.00

Paycom Software Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Cash And Cash Equivalents	Get a 7-Day Free Trial															371.33	346.46	325.76	402.00	520.80

Paycom Software Cash And Cash Equivalents Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

Paycom Software (LTS:0KGH) Cash And Cash Equivalents Explanation

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

Paycom Software Cash And Cash Equivalents Related Terms

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Paycom Software Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Paycom Software Inc (LTS:0KGH) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

PAYC:USA PAYC:Mexico 1PAYC:Italy 0PY:Germany P1YC34:Brazil

Address

7501 W. Memorial Road, Oklahoma, OK, USA, 73142

Website

https://www.paycom.com

Founded in 1998, Paycom is a human capital management software-as-a-service provider addressing customer requirements surrounding payroll, talent acquisition, talent management, HR management, as well as time and labor. The company primarily services midsize businesses within the United States, targeting businesses with 50-10,000 employees. The company primarily generates revenue through the sale of subscriptions providing access to its HCM platform. To a lesser extent, the company also generates revenue from implementation services provided to customers as well as interest income generated from customer funds. As of fiscal 2024, the company serviced slightly over 37,500 customers and stored data on over 7 million employees.

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