GURUFOCUS.COM » STOCK LIST » Technology » Software » Paycom Software Inc (BSP:P1YC34) » Definitions » Research & Development

Paycom Software (BSP:P1YC34) Research & Development : R$1,017 Mil (TTM As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Paycom Software Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Paycom Software's Research & Development for the three months ended in Mar. 2024 was R$252 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was R$1,017 Mil.

Paycom Software Research & Development Historical Data

The historical data trend for Paycom Software's Research & Development 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.

* Premium members only.

Paycom Software Research & Development Chart

Paycom Software Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 299.96 464.28 669.69 778.12 974.82

Paycom Software Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Research & Development 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 222.25 238.40 256.14 270.96 251.53

Paycom Software Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R$1,017 Mil.

* 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.

Paycom Software  (BSP:P1YC34) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Paycom Software Research & Development Related Terms

Thank you for viewing the detailed overview of Paycom Software's Research & Development provided by GuruFocus.com. Please click on the following links to see related term pages.

Paycom Software (BSP:P1YC34) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Paycom Software Inc (BSP:P1YC34) » Definitions » Research & Development
Comparable Companies
BSY DT APP SSNC TYL GRAB MANH AZPN PTC PCTY CRM XTER:SAP INTU NOW UBER CDNS SHOP WDAY XPAR:DSY ROP
Traded in Other Exchanges
PAYC:USA PAYC:Mexico
Address
7501 W. Memorial Road, Oklahoma, OK, USA, 73142
Website
https://www.paycom.com
Paycom is a fast-growing provider of payroll and human capital management, or HCM, software primarily targeting clients with 50-10,000 employees in the United States. Paycom was established in 1998 and services about 19,000 clients as of 2022, based on parent company grouping. Alongside its core payroll software, Paycom offers various HCM add-on modules, including time and attendance, talent management, and benefits administration.

Paycom Software (BSP:P1YC34) Headlines

No Headlines