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
DateValue
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