Paychex
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Paychex generated cash of $1,897,700,000, which is more than the previous year. Cash used in financing activities reached the amount of -$1,874,700,000 last year. Net change in cash is therefore -$237,900,000.
Cash Flow
| 2015 | 895.2M | -285M | -592.7M |
|---|---|---|---|
| 2016 | 1.01B | -63.1M | -993.6M |
| 2017 | 960.4M | -424.6M | -482.7M |
| 2018 | 1.27B | -679M | -423.8M |
| 2019 | 1.28B | -1.62B | -1.01B |
| 2020 | 1.44B | 771.9M | -1.48B |
| 2021 | 1.26B | -460.6M | -636.4M |
| 2022 | 1.50B | -1.42B | -979.3M |
| 2023 | 1.69B | 218.5M | -711.4M |
| 2024 | 1.89B | -260.89M | -1.87B |
PAYX Cash Flow Statement (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 2.13B | 928.4M | 1.82B | 1.65B | 935.2M | 2.30B | 184.6M | 131.5M | 170M | 152.5M |
Operating activities | ||||||||||
Net income | 1.69B | 1.55B | 1.39B | 1.09B | 1.09B | 1.03B | 933.7M | 817.3M | 756.8M | 674.9M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 176.5M | 176.6M | 191.8M | 192M | 209.7M | 181.5M | 138M | 126.9M | 115.1M | 106.6M |
Stock-based compensation expense | 61.1M | 62.6M | 52.8M | 52.5M | 47.4M | 46.2M | 44.6M | 35.4M | 34.6M | 31.4M |
| Deferred income tax benefit | 61.1M | 62.6M | 52.8M | 52.5M | 47.4M | 46.2M | 44.6M | 35.4M | 34.6M | 31.4M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 114.1M | -123.6M | -269.9M | -272.9M | 55.1M | -107.9M | 13.6M | -103.7M | -37.5M | -28.2M |
Inventories | 0 | -19.9M | 0 | -14M | -400K | 0 | 21.4M | -33.9M | -3.2M | -10.1M |
Accounts payable | -127M | 67.4M | 151.8M | 169M | -4.9M | 86.9M | 47.2M | 48.9M | 63.3M | 51.1M |
Cash generated by operating activities | 1.89B | 1.69B | 1.50B | 1.26B | 1.44B | 1.28B | 1.27B | 960.4M | 1.01B | 895.2M |
Investing activities | ||||||||||
Purchases Of Investments | -6.86B | -14.58B | -17.80B | -6.08B | -25.21B | -35.14B | -50.22B | -50.46B | -12.57B | -34.02B |
Investments In Property Plant And Equipment | -191.5M | -143M | -132.6M | -114.6M | -127M | -123.8M | -154M | -94.3M | -97.7M | -102.8M |
Acquisitions Net | -208.3M | -2.7M | -24.9M | -19.5M | -6.1M | -991.5M | -180.4M | 0 | -296.1M | -27.1M |
Cash generated by investing activities | -260.89M | 218.5M | -1.42B | -460.6M | 771.9M | -1.62B | -679M | -424.6M | -63.1M | -285M |
Financing activities | ||||||||||
Common Stock Issued | 0 | -10.4M | 0 | 85.7M | 21.3M | 0 | 0 | 0 | 0 | 0 |
Payments for dividends | -1.31B | -1.17B | -999.6M | -908.7M | -889.4M | -826.8M | -739.7M | -662.3M | -606.5M | -551.8M |
Repurchases of common stock | -169.2M | 0 | -145.2M | -155.7M | -171.9M | -56.9M | -143.1M | -166.2M | -107.9M | -182.4M |
Repayments of term debt | 9M | 2M | 1.3M | -2.3M | -5.1M | 796.3M | 0 | 0 | 0 | 0 |
Cash used in financing activities | -1.87B | -711.4M | -979.3M | -636.4M | -1.48B | -1.01B | -423.8M | -482.7M | -993.6M | -592.7M |
Net Change In Cash | -237.9M | 1.20B | -894.7M | 163.3M | 724.6M | -1.35B | 173.6M | 53.1M | -38.5M | 17.5M |
Cash at end of period | 1.89B | 2.13B | 928.4M | 1.82B | 1.65B | 944.4M | 358.2M | 184.6M | 131.5M | 170M |
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