Paychex (PAYX) Current Deferred Tax Assets (2009 - 2016)
Paychex's Current Deferred Tax Assets came in at $1.4 million for fiscal Q3 2016 (quarter ended Feb 29, 2016), down 87.5% from $11.2 million a year earlier.
Paychex (PAYX) Current Deferred Tax Assets (2009 - 2016) Analysis & Trends
At the end of FY2015 (ended May 31, 2015), Paychex's Current Deferred Tax Assets was $15 million, up 25.0% from FY2014.
- Current Deferred Tax Assets has increased in each of the last three fiscal years, with a five-year compound annual growth rate of 31.6% (FY2010 to FY2015).
- Going back by fiscal year, Current Deferred Tax Assets was $12 million in FY2014 (+421.7%), $2.3 million in FY2013 (+43.8%), $1.6 million in FY2012 (-72.9%) and $5.9 million in FY2011 (+55.3%).
- The fiscal Q3 2016 figure represents the lowest quarterly Current Deferred Tax Assets since fiscal Q2 2014.
- Year-over-year, Current Deferred Tax Assets increased in three of the last four quarters, with growth averaging 99.8%.
- The fastest year-over-year change in Current Deferred Tax Assets over five years came in fiscal Q4 2014 (growth of 421.7%), and the weakest in fiscal Q3 2016 (a decline of 87.5%).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palantir Technologies | 480.73 Bn | 449.68 Bn | 1.64 Bn |
| 2 | Oracle | 399.91 Bn | 272.04 Bn | - |
| 3 | Sap Se | 262.30 Bn | 190.08 Bn | 8.40 Bn |
| 4 | Salesforce | 202.26 Bn | 158.13 Bn | 8.70 Bn |
| 5 | ServiceNow | 153.84 Bn | 132.30 Bn | 2.82 Bn |
| 6 | Automatic Data Processing | 114.84 Bn | 96.97 Bn | 2.51 Bn |
| 7 | Intuit | 91.04 Bn | 70.38 Bn | 3.44 Bn |
| 8 | Relx | 70.51 Bn | 69.60 Bn | - |
| 9 | Strategy | 53.24 Bn | 46.23 Bn | 81.55 Mn |
| 10 | Paychex | 39.41 Bn | 34.49 Bn | 1.20 Bn |
Historic Data
| Date | Value |
|---|---|
| Feb 29, 2016 | 1.40 Mn |
| May 31, 2015 | 15.00 Mn |
| Feb 28, 2015 | 11.20 Mn |
| May 31, 2014 | 12.00 Mn |
| Feb 28, 2014 | 8.00 Mn |
| Nov 30, 2013 | 100,000.00 |
| Aug 31, 2013 | 2.00 Mn |
| May 31, 2013 | 2.30 Mn |
| Feb 28, 2013 | 6.80 Mn |
| May 31, 2012 | 1.60 Mn |
| Feb 29, 2012 | 8.60 Mn |
| May 31, 2011 | 5.90 Mn |
| Feb 28, 2011 | 12.20 Mn |
| May 31, 2010 | 3.80 Mn |
| Feb 28, 2010 | 23.22 Mn |
| Aug 31, 2009 | 4.10 Mn |
| May 31, 2009 | 10.18 Mn |
Paychex Current Deferred Tax Assets API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-deferred-tax-assets&ticker=PAYX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-deferred-tax-assets", "ticker": "PAYX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=current-deferred-tax-assets&ticker=PAYX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();