Paychex (PAYX) Long-Term Investments (2009 - 2024)
Paychex (PAYX) reported Long-Term Investments of $3.7 million for Q2 2024, down 2.63% on a YoY basis from $3.8 million in Q2 2023, and up 131.25% sequentially from $1.6 million in Q1 2024.
Paychex (PAYX) Long-Term Investments (2009 - 2024) Analysis & Trends
Paychex (PAYX) has 16 years of Long-Term Investments data on file, last reported at $3.7 million in Q2 2024.
- For the quarter ending Q2 2024, Long-Term Investments fell 2.63% year-over-year to $3.7 million; the trailing twelve-month figure through May 2024 stood at $3.7 million (down 2.63% YoY), and the FY2024 full-year result was $3.7 million, down 2.63% from the prior year.
- Long-Term Investments improved to $3.7 million in Q2 2024, from $1.6 million in the prior quarter.
- In the past five years, Long-Term Investments ranged from a high of $10.2 million in Q1 2020 to a low of $1.6 million in Q3 2023.
- A 5-year average of $5.9 million and a median of $5.0 million in 2022 frame the typical range for Long-Term Investments.
- Across the five-year window, Long-Term Investments changed 0.0% in 2020 and slumped 58.97% in 2023, its largest moves.
- Tracing PAYX's Long-Term Investments over 5 years: stood at $10.1 million in 2020, then sank by 30.69% to $7.0 million in 2021, then sank by 44.29% to $3.9 million in 2022, then tumbled by 58.97% to $1.6 million in 2023, then soared by 131.25% to $3.7 million in 2024.
- Business Quant data shows PAYX's Long-Term Investments at $3.7 million in Q2 2024, $1.6 million in Q1 2024, and $1.6 million in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | - |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | 154.84 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 708.00 Mn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 268.00 Mn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 7.77 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 2.07 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | - |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 1.43 Bn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | - |
| 10 | Paychex | 39.35 Bn | 38.23 Bn | 1.14 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2024 | 3.70 Mn |
| Feb 29, 2024 | 1.60 Mn |
| Nov 30, 2023 | 1.60 Mn |
| Aug 31, 2023 | 1.60 Mn |
| May 31, 2023 | 3.80 Mn |
| Feb 28, 2023 | 3.80 Mn |
| Nov 30, 2022 | 3.90 Mn |
| Aug 31, 2022 | 3.90 Mn |
| May 31, 2022 | 5.00 Mn |
| Feb 28, 2022 | 5.10 Mn |
| Nov 30, 2021 | 7.00 Mn |
| Aug 31, 2021 | 7.10 Mn |
| May 31, 2021 | 7.10 Mn |
| Feb 28, 2021 | 9.90 Mn |
| Nov 30, 2020 | 10.10 Mn |
| Aug 31, 2020 | 10.20 Mn |
| May 31, 2020 | 10.20 Mn |
| Feb 29, 2020 | 10.20 Mn |
| Nov 30, 2019 | 10.10 Mn |
| Aug 31, 2019 | 10.30 Mn |