Paychex (FRA:PCX) Days Sales Outstanding: 118.59 (As of May. 2026) — 127% Above Median

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FRA:PCX Paychex Inc FRA:PCX
93 GF Score
Price €99.59
GF Value €133.19
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Paychex Days Sales Outstanding?

Paychex FRA:PCX -0.33% 93 Days Sales Outstanding is 118.59 as of May. 2026, which is 127% above its 10-year median of 52.28. GuruFocus rates FRA:PCX with a GF Score™ of 93/100 and a GF Value™ of €133.19 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,774 Software companies, Paychex ranks worse than 66.26% on this metric.

Paychex's average Accounts Receivable for the three months ended in May. 2026 was €1,792 Mil. Paychex's Revenue for the three months ended in May. 2026 was €1,379 Mil. Hence, Paychex's Days Sales Outstanding for the three months ended in May. 2026 was 118.59.

The historical rank and industry rank for Paychex's Days Sales Outstanding or its related term are showing as below:

FRA:PCX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 36.34   Med: 52.28   Max: 79.54
Current: 78.33

During the past 13 years, Paychex's highest Days Sales Outstanding was 79.54. The lowest was 36.34. And the median was 52.28.

FRA:PCX's Days Sales Outstanding is ranked worse than
66.26% of 2774 companies
in the Software industry
Industry Median: 60.435 vs FRA:PCX: 78.33

Paychex's Days Sales Outstanding declined from May. 2025 (123.79) to May. 2026 (118.59).


Paychex  (FRA:PCX) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.


Paychex Days Sales Outstanding Related Terms


Paychex Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for Paychex's Days Sales Outstanding 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.

Paychex Days Sales Outstanding Chart

Paychex Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 92.46 96.01 104.38 113.02 116.89

Paychex Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Days Sales Outstanding 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 123.79 116.83 116.06 102.02 118.59

FRA:PCX vs TEAM, ROP, WDAY: Days Sales Outstanding Comparison

For the Software - Application subindustry, Paychex's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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 Days Sales Outstanding vs Software Industry

For the Software industry and Technology sector, Paychex's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Paychex's Days Sales Outstanding falls into.


FRA:PCX
93GF Score
Paychex Inc FRA:PCX
Days Sales Outstanding is just one metric. See GF Score™, valuation, warning signs, and more.
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Paychex Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Paychex's Days Sales Outstanding for the fiscal year that ended in May. 2026 is calculated as

Days Sales Outstanding (A: May. 2026 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: May. 2025 ) + Accounts Receivable (A: May. 2026 )) / count ) / Revenue (A: May. 2026 )*Days in Period
=( (1715.1288262497 + 1861.0908779297) / 2 ) / 5583.5814070531*365
=1788.1098520897 / 5583.5814070531*365
=116.89

Paychex's Days Sales Outstanding for the quarter that ended in May. 2026 is calculated as:

Days Sales Outstanding (Q: May. 2026 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Feb. 2026 ) + Accounts Receivable (A: May. 2026 )) / count ) / Revenue (A: May. 2026 )*Days in Period
=( (1722.5374777674 + 1861.0908779297) / 2 ) / 1378.7552777341*365 / 4
=1791.8141778486 / 1378.7552777341*365 / 4
=118.59

* 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.

Frequently Asked Questions Learn more about Days Sales Outstanding →
What does a Days Sales Outstanding of 118.59 mean?
Paychex (FRA:PCX) has a Days Sales Outstanding of 118.59 as of May. 2026. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Paychex and its competitors. This is 127% above median its historical median of 52.28. Over the past decade, Paychex's Days Sales Outstanding has ranged from 36.34 to 79.54. According to the industry distribution chart, Paychex ranks #1838 out of 2774 companies in the Software industry, placing it in the top 66.3%.
Is Paychex's Days Sales Outstanding too high?
Paychex's current Days Sales Outstanding of 118.59 is 127% above median its 10-year median of 52.28. Over the past 10 years, this metric has ranged from a low of 36.34 to a high of 79.54. The Software industry median Days Sales Outstanding is 60.44. Paychex's value of 118.59 is 96.2% above this industry median. Based on the distribution chart, Paychex ranks #1838 out of 2774 companies in the Software industry, which is below the industry midpoint. Overall, Paychex has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Paychex's Days Sales Outstanding compare to TEAM and ROP?
According to the Software industry distribution chart, Paychex ranks #1838 out of 2774 companies for Days Sales Outstanding. This places Paychex in the lower half of its industry. The industry median Days Sales Outstanding is 60.44. Paychex's value of 118.59 is 96.2% above this benchmark. Historically, Paychex's own Days Sales Outstanding has ranged from 36.34 to 79.54 over the past decade. While the company's 10-year median is 52.28 vs. the industry median of 60.44, Paychex has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Sales Outstanding for a Software company?
The median Days Sales Outstanding among Software companies is 60.44, based on 2,774 companies in the industry. Companies in the top quartile (top 25%) have a Days Sales Outstanding significantly above this median, while those in the bottom quartile fall well below. However, Days Sales Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Paychex's current Days Sales Outstanding of 118.59 is 96.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Sales Outstanding mean?
A high Days Sales Outstanding can signal that a stock is expensive relative to its fundamentals. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Paychex and its competitors. For the Software industry, the median Days Sales Outstanding is 60.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Paychex's current Days Sales Outstanding is 118.59, which is 127% above median its own 10-year median of 52.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paychex stock overvalued right now?
Based on GuruFocus' analysis, Paychex (FRA:PCX) is currently considered Modestly Undervalued. The stock's GF Value™ is €133.19, compared to a current price of €99.59 — trading 25.2% below its estimated fair value. The current Days Sales Outstanding is 118.59, which is 127% above median its 10-year median of 52.28 and 96.2% above the Software industry median of 60.44. Paychex's overall GF Score™ is 93/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Sales Outstanding calculated?
Days Sales Outstanding is calculated from a company's financial statements. For Paychex (FRA:PCX), the current Days Sales Outstanding is 118.59 as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Paychex (FRA:PCX) Overvalued in 2026?

Based on GuruFocus' analysis, Paychex stock appears to be undervalued. The current stock price of €99.59 is trading 25.2% below its estimated GF Value™ of €133.19. GuruFocus considers Paychex to be Modestly Undervalued.

Key valuation signals for FRA:PCX:

  • Days Sales Outstanding: 118.59 (127% above median its 10-year median of 52.28)
  • GF Value™: €133.19 vs. price of €99.59 (25.2% below fair value)
  • GF Score™: 93/100 with 4 warning signs
  • Industry Position: 96.2% above the Software median (#1838 of 2774)

No single metric tells the full story. See the FRA:PCX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Paychex Business Description

Address 911 Panorama Trail South, Rochester, NY, USA, 14625-2396
Paychex is a cloud-based human capital management provider offering payroll, compliance, talent management, benefits administration, and retirement services. The firm also provides HR outsourcing services, including professional employer organization, or PEO, offerings, enabling clients to reduce HR overhead. Paychex primarily targets small and midsize businesses, although its acquisition of Paycor in 2025 signals the firm's aspirations to expand into the midmarket segment, serving firms with more than 100 employees. As of fiscal 2025, Paychex has approximately 800,000 clients and manages payroll for one in 11 workers in the United States.
93GF Score

Get the complete analysis for FRA:PCX

Days Sales Outstanding is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€99.59
Price
€133.19
GF Value