Paycom Soft (PAYC)

Current ratio

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Total current assets	US$ in thousands	4,304,800	1,977,900	2,717,590	3,171,930	2,813,430	2,562,970	2,708,190	3,054,690	2,764,170	2,228,360	3,847,990	4,434,300	2,252,040	3,313,180	2,356,520	2,624,210	1,864,600	1,778,320	1,240,060	1,651,560
Total current liabilities	US$ in thousands	3,906,800	1,659,680	2,526,880	2,942,310	2,534,640	2,069,910	2,186,730	2,565,100	2,377,040	1,897,760	3,568,470	4,112,530	1,990,410	3,086,270	2,145,210	2,425,570	1,718,030	1,627,800	1,117,250	1,497,920
Current ratio		1.10	1.19	1.08	1.08	1.11	1.24	1.24	1.19	1.16	1.17	1.08	1.08	1.13	1.07	1.10	1.08	1.09	1.09	1.11	1.10

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $4,304,800K ÷ $3,906,800K
= 1.10

Paycom Soft's current ratio has shown fluctuations over the analyzed period, ranging from 1.07 to 1.24. A current ratio above 1 indicates that the company has more current assets than current liabilities, which is generally considered favorable.

The ratio peaked at 1.24 on June 30, 2023, suggesting a strong ability to cover its short-term obligations with current assets. Conversely, the lowest ratio of 1.07 recorded on September 30, 2021, indicates a slightly weaker liquidity position.

Overall, fluctuations in the current ratio may be influenced by changes in the company's current assets and liabilities. It is important for investors and stakeholders to monitor these changes to assess Paycom Soft's short-term liquidity and ability to meet its obligations as they come due.