Paychex (PAYX) Long-Term Investments (2009 - 2024)
Paychex (PAYX) posted Long-Term Investments of $3.7 million for Q2 2024, up 131.25% sequentially from $1.6 million in Q1 2024, and down 2.63% YoY from $3.8 million in Q2 2023.
Paychex (PAYX) Long-Term Investments (2009 - 2024) Analysis & Trends
Paychex has reported Long-Term Investments for 16 years, with the latest figure at $3.7 million in Q2 2024.
- Quarterly Long-Term Investments fell 2.63% year-over-year to $3.7 million in Q2 2024, while the trailing twelve-month figure through May 2024 was $3.7 million (down 2.63% YoY) and the FY2024 annual result came in at $3.7 million, down 2.63% from the prior year.
- Long-Term Investments improved to $3.7 million in Q2 2024 per PAYX's latest filing, from $1.6 million in the prior quarter.
- Over five years, Long-Term Investments peaked at $10.2 million in Q1 2020 and troughed at $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.
- The sharpest annual moves came in 2020 and 2023: Long-Term Investments changed 0.0% in 2020, then plunged 58.97% in 2023.
- Over 5 years, Long-Term Investments stood at $10.1 million in 2020, then plunged by 30.69% to $7.0 million in 2021, then plunged by 44.29% to $3.9 million in 2022, then slumped by 58.97% to $1.6 million in 2023, then soared by 131.25% to $3.7 million in 2024.
- According to Business Quant data, Long-Term Investments over the past three periods registered $3.7 million, $1.6 million, and $1.6 million for Q2 2024, Q1 2024, and Q4 2023 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | - |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 559.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 7.77 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 3.77 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 2.07 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 1.43 Bn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | - |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | - |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 176.00 Mn |
| 10 | Paychex | 43.39 Bn | 42.27 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 |