Paychex (PAYX) Notes Payables (2016 - 2025)
Paychex (PAYX) posted Notes Payables of $18.2 million for fiscal Q2 2026 (quarter ended Nov 30, 2025), unchanged from $18.2 million a year earlier and down 1.6% from the prior quarter.
Paychex (PAYX) Notes Payables (2016 - 2025) Analysis & Trends
At the end of FY2025 (ended May 31, 2025), Paychex's Notes Payables came in at $18.6 million, down 0.5% from FY2024.
- Annual Notes Payables shows a five-year compound annual growth rate of 29.5% (FY2020 to FY2025).
- In prior fiscal years, Paychex's Notes Payables was $18.7 million in FY2024 (+83.3%), $10.2 million in FY2023 (+17.2%), $8.7 million in FY2022 (+17.6%) and $7.4 million in FY2021 (+45.1%).
- Quarterly Notes Payables has run from a low of $7 million in fiscal Q3 2021 to a high of $18.9 million in fiscal Q1 2025 over five years.
- On a year-over-year basis, Notes Payables increased in four of the last eight quarters, with growth averaging 28.8%.
- The strongest year-over-year quarter for Notes Payables in the past five years was fiscal Q3 2024, with growth of 84.3%; the weakest was fiscal Q3 2021, with a decline of 86.3%.
- According to Business Quant data, Notes Payables for the three prior fiscal quarters was $18.5 million (Q1 2026), $18.6 million (Q4 2025) and $17.6 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palantir Technologies | 373.01 Bn | 337.83 Bn | 1.93 Bn |
| 2 | Oracle | 343.83 Bn | 215.96 Bn | - |
| 3 | Sap Se | 284.17 Bn | 211.56 Bn | 8.64 Bn |
| 4 | Salesforce | 182.25 Bn | 138.13 Bn | 8.70 Bn |
| 5 | Automatic Data Processing | 123.04 Bn | 109.84 Bn | 2.53 Bn |
| 6 | ServiceNow | 105.90 Bn | 85.16 Bn | 2.90 Bn |
| 7 | Intuit | 97.51 Bn | 76.85 Bn | 3.44 Bn |
| 8 | Relx | 75.90 Bn | 74.99 Bn | - |
| 9 | Thomson Reuters | 52.87 Bn | 48.84 Bn | - |
| 10 | Paychex | 42.46 Bn | 37.54 Bn | 1.20 Bn |
Historic Data
| Date | Value |
|---|---|
| Nov 30, 2025 | 18.20 Mn |
| Aug 31, 2025 | 18.50 Mn |
| May 31, 2025 | 18.60 Mn |
| Feb 28, 2025 | 17.60 Mn |
| Nov 30, 2024 | 18.20 Mn |
| Aug 31, 2024 | 18.90 Mn |
| May 31, 2024 | 18.70 Mn |
| Feb 29, 2024 | 18.80 Mn |
| Nov 30, 2023 | 13.60 Mn |
| Aug 31, 2023 | 13.70 Mn |
| May 31, 2023 | 10.20 Mn |
| Feb 28, 2023 | 10.20 Mn |
| Nov 30, 2022 | 10.10 Mn |
| Aug 31, 2022 | 10.30 Mn |
| May 31, 2022 | 8.70 Mn |
| Feb 28, 2022 | 8.70 Mn |
| Nov 30, 2021 | 8.90 Mn |
| Aug 31, 2021 | 7.10 Mn |
| May 31, 2021 | 7.40 Mn |
| Feb 28, 2021 | 7.00 Mn |
Paychex Notes Payables 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=notes-payables&ticker=PAYX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "notes-payables", "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=notes-payables&ticker=PAYX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();