Paychex Other Current Liab from 2010 to 2024

PAYX Stock  USD 144.49  0.96  0.66%   
Paychex Other Current Liabilities yearly trend continues to be fairly stable with very little volatility. Other Current Liabilities will likely drop to about 2.7 B in 2024. During the period from 2010 to 2024, Paychex Other Current Liabilities regression line of annual values had r-squared of  0.18 and arithmetic mean of  4,192,785,745. View All Fundamentals
 
Other Current Liabilities  
First Reported
1986-05-31
Previous Quarter
5.1 B
Current Value
5.1 B
Quarterly Volatility
B
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
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 Other Current Liab Growth Pattern

Below is the plot of the Other Current Liab of Paychex over the last few years. It is Paychex's Other Current Liabilities 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.
Other Current Liab10 Years Trend
Slightly volatile
   Other Current Liab   
       Timeline  

Paychex Other Current Liab Regression Statistics

Arithmetic Mean4,192,785,745
Geometric Mean2,794,278,138
Coefficient Of Variation31.65
Mean Deviation791,487,573
Median4,521,300,000
Standard Deviation1,327,144,093
Sample Variance1761311.4T
Range5.6B
R-Value0.42
Mean Square Error1557995T
R-Squared0.18
Significance0.12
Slope125,419,655
Total Sum of Squares24658360.2T

Paychex Other Current Liab History

20242.7 B
20235.1 B
20225.6 B
20215.1 B
20204.8 B
20194.3 B
20184.7 B

About Paychex Financial Statements

Paychex investors use historical fundamental indicators, such as Paychex's Other Current Liab, 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
Other Current Liabilities5.1 B2.7 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.