Paychex (WBO:PAYX) Construction In Progress : €0 Mil (As of Feb. 2025)

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What is Paychex Construction In Progress?

Paychex's annual construction in progress declined from May. 2022 (€48 Mil) to May. 2023 (€48 Mil) but then increased from May. 2023 (€48 Mil) to May. 2024 (€56 Mil).

Paychex Construction In Progress Historical Data

The historical data trend for Paychex's Construction In Progress 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 Construction In Progress Chart

Paychex Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

May24

Construction In Progress

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43.19

41.40

47.96

47.56

56.15

Paychex Quarterly Data
	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25
Construction In Progress	Get a 7-Day Free Trial															-	56.15	-	-	-

Paychex Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Paychex Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Paychex Inc (WBO:PAYX) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

PAYX:USA 1PAYX:Italy 0KGE:UK PCX:Germany PCX:Germany PCX:Germany P1AY34:Brazil

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.