Paychex Net Working Capital from 2010 to 2024

PAYX Stock  USD 145.45  0.82  0.56%   
Paychex Net Working Capital yearly trend continues to be fairly stable with very little volatility. Net Working Capital will likely drop to about 1.3 B in 2024. During the period from 2010 to 2024, Paychex Net Working Capital regression line of annual values had r-squared of  0.72 and arithmetic mean of  910,610,250. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
1.9 B
Current Value
1.3 B
Quarterly Volatility
480 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Paychex financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Paychex's main balance sheet or income statement drivers, such as Depreciation And Amortization of 185.3 M, Interest Expense of 39.2 M or Total Revenue of 5.5 B, as well as many indicators such as Price To Sales Ratio of 5.7, Dividend Yield of 0.0169 or PTB Ratio of 12.57. Paychex financial statements analysis is a perfect complement when working with Paychex Valuation or Volatility modules.
  
Check out the analysis of Paychex Correlation against competitors.
For more information on how to buy Paychex Stock please use our How to Invest in Paychex guide.

Latest Paychex's Net Working Capital Growth Pattern

Below is the plot of the Net Working Capital of Paychex over the last few years. It is Paychex's Net Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Paychex's overall financial position and show how it may be relating to other accounts over time.
Net Working Capital10 Years Trend
Slightly volatile
   Net Working Capital   
       Timeline  

Paychex Net Working Capital Regression Statistics

Arithmetic Mean910,610,250
Geometric Mean810,323,940
Coefficient Of Variation52.71
Mean Deviation404,972,300
Median546,900,000
Standard Deviation480,008,258
Sample Variance230407.9T
Range1.4B
R-Value0.85
Mean Square Error68263.8T
R-Squared0.72
Significance0.000057
Slope91,383,844
Total Sum of Squares3225711T

Paychex Net Working Capital History

20241.3 B
20231.9 B
20221.7 B
20211.3 B
20201.2 B
2019B
2018832.7 M

About Paychex Financial Statements

Paychex investors use historical fundamental indicators, such as Paychex's Net Working Capital, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Paychex. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Working Capital1.9 B1.3 B

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Additional Tools for Paychex Stock Analysis

When running Paychex's price analysis, check to measure Paychex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Paychex is operating at the current time. Most of Paychex's value examination focuses on studying past and present price action to predict the probability of Paychex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paychex's price. Additionally, you may evaluate how the addition of Paychex to your portfolios can decrease your overall portfolio volatility.