PAYX (Paychex) Change In Inventory : $0 Mil (TTM As of May. 2025)

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What is Paychex Change In Inventory?

Paychex's change in inventory for the quarter that ended in May. 2025 was $0 Mil. It means Paychex's inventory stayed the same from Feb. 2025 to May. 2025 .

Paychex's change in inventory for the fiscal year that ended in May. 2025 was $0 Mil. It means Paychex's inventory stayed the same from May. 2024 to May. 2025 .

Paychex's Total Inventories for the quarter that ended in May. 2025 was $0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Paychex's Days Inventory for the quarter that ended in May. 2025 was 0.00.

Inventory Turnover measures how fast the company turns over its inventory within a year.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Paychex's Inventory-to-Revenue for the quarter that ended in May. 2025 was 0.00.

Paychex Change In Inventory Historical Data

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

Paychex Annual Data

Trend

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Change In Inventory

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Paychex Quarterly Data
	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25	May25
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Paychex Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in May. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.

Paychex (NAS:PAYX) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Paychex's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0	/	393.9	*	365 / 4
	=	0.00

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Paychex's Inventory Turnover for the quarter that ended in May. 2025 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	393.9	/	0
	=	N/A

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Paychex's Inventory to Revenue for the quarter that ended in May. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	1427.3
	=	0.00

Paychex Change In Inventory Related Terms

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Paychex Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Paychex Inc (NAS:PAYX) » Definitions » Change In Inventory

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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