Paychex (PAYX) Long-Term Investments (2009 - 2024)
Paychex's (PAYX) quarterly Long-Term Investments came in at $3.7 million in Q2 2024, down 2.63% year-over-year from $3.8 million in Q2 2023, and up 131.25% quarter-over-quarter from $1.6 million in Q1 2024.
Paychex (PAYX) Long-Term Investments (2009 - 2024) Analysis & Trends
Paychex has disclosed Long-Term Investments across 16 years of filings, most recently posting $3.7 million for Q2 2024.
- In Q2 2024, Long-Term Investments fell 2.63% year-over-year to $3.7 million; the TTM figure through May 2024 stood at $3.7 million (down 2.63% YoY), while the FY2024 annual figure was $3.7 million, down 2.63% from the prior year.
- Long-Term Investments came in at $3.7 million for Q2 2024 at Paychex, up 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.
- Average Long-Term Investments over 5 years is $5.9 million, with a median of $5.0 million recorded in 2022.
- Year-over-year, Long-Term Investments changed 0.0% in 2020 and tumbled 58.97% in 2023.
- Over 5 years, Long-Term Investments stood at $10.1 million in 2020, then slumped by 30.69% to $7.0 million in 2021, then slumped by 44.29% to $3.9 million in 2022, then plunged by 58.97% to $1.6 million in 2023, then jumped by 131.25% to $3.7 million in 2024.
- Per Business Quant data, the three most recent Long-Term Investments figures were $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 | Palantir Technologies | 460.85 Bn | 451.55 Bn | 1.64 Bn | - |
| 2 | Oracle | 437.09 Bn | 400.44 Bn | - | - |
| 3 | Sap Se | 258.74 Bn | 237.66 Bn | 8.40 Bn | - |
| 4 | Salesforce | 195.52 Bn | 184.12 Bn | 8.70 Bn | 11.32 Bn |
| 5 | ServiceNow | 145.61 Bn | 140.94 Bn | 2.82 Bn | 2.07 Bn |
| 6 | Automatic Data Processing | 104.89 Bn | 100.66 Bn | 2.51 Bn | - |
| 7 | Intuit | 76.97 Bn | 69.77 Bn | 3.46 Bn | 248.00 Mn |
| 8 | Relx | 60.41 Bn | 60.04 Bn | - | 246.87 Mn |
| 9 | Strategy | 57.09 Bn | 54.64 Bn | 81.55 Mn | - |
| 10 | Paychex | 37.16 Bn | 36.02 Bn | 1.19 Bn | - |
Historic 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 |
Paychex Long-Term Investments 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=long-term-investments&ticker=PAYX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-investments", "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=long-term-investments&ticker=PAYX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();