Paychex Inc (PAYX)

Exchange
NASDAQ
Symbol
PAYX
Sector
Trade & Services
Industry
Services-engineering, Accounting, Research, Management
Description
Paychex, Inc. is an American provider of human resource, payroll, and benefits outsourcing services for small- to medium-sized businesses.
Country
USA

Stock price

At close: November 5, 2024

  • Open
    140.07
  • High
    140.40
  • Low
    139.33
  • Close
    139.76
  • Volume
    2,101,350

Financial ratios

May 31, 2024

Activity ratios
Inventory turnover
—
Receivables turnover
3.25
Payables turnover
14.18
Working capital turnover
2.72
Days of inventory on hand (DOH)
—
Days of sales outstanding (DSO)
112.39
Number of days of payables
25.73
Fixed asset turnover
12.82
Total asset turnover
0.51
 Liquidity ratios
Current ratio
1.37
Quick ratio
0.59
Cash ratio
0.28
Cash conversion cycle
86.66
 Solvency ratios
Debt-to-assets ratio
0.08
Debt-to-capital ratio
0.17
Debt-to-equity ratio
0.21
Financial leverage ratio
2.73
Interest coverage
58.29
 Profitability ratios
Gross profit margin
71.97%
Operating profit margin
41.19%
Pretax margin
42.02%
Net profit margin
32.03%
Operating return on assets (Operating ROA)
20.94%
Return on assets (ROA)
16.28%
Return on total capital
47.27%
Return on equity (ROE)
44.47%