What is Paychex's accrued manufacturing costs?

Paychex (PAYX) reported accrued manufacturing costs of $176.70M in Q4 2025.

How has Paychex's accrued manufacturing costs changed year-over-year?

Paychex's accrued manufacturing costs increased by 12.0% year-over-year, from $157.80M to $176.70M.

What is the long-term trend for Paychex's accrued manufacturing costs?

Over 4 years (2021 to 2025), Paychex's accrued manufacturing costs has grown at a -3.2% compound annual growth rate (CAGR), from $209.70M to $183.90M.

Discontinued — last reported Q2 '24

Current Liabilities

Accrued Manufacturing Costs

Paychex Accrued Manufacturing Costs increased by 20.1% to $176.70M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 12.0%, from $157.80M to $176.70M. Over 4 years (FY 2021 to FY 2025), Accrued Manufacturing Costs shows a downward trend with a -3.2% CAGR.

Analysis

StatementBalance Sheet Statement

SectionCurrent Liabilities

First reportedQ4 2015

Last reportedQ2 2024

Metric ID: accrued_manufacturing_costs

Historical Data

20 periods

	Q1 '21	Q2 '21	Q3 '21	Q4 '21	Q1 '22	Q2 '22	Q3 '22	Q4 '22	Q1 '23	Q2 '23	Q3 '23	Q4 '23	Q1 '24	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25
Value	$209.70M	$132.00M	$170.20M	$177.20M	$225.40M	$138.70M	$173.80M	$177.00M	$209.90M	$123.00M	$164.10M	$173.10M	$135.00M	$120.80M	$112.90M	$157.80M	$183.90M	$151.70M	$147.10M	$176.70M
QoQ Change	—	-37.1%	+28.9%	+4.1%	+27.2%	-38.5%	+25.3%	+1.8%	+18.6%	-41.4%	+33.4%	+5.5%	-22.0%	-10.5%	-6.5%	+39.8%	+16.5%	-17.5%	-3.0%	+20.1%
YoY Change	—	—	—	—	+7.5%	+5.1%	+2.1%	-0.1%	-6.9%	-11.3%	-5.6%	-2.2%	-35.7%	-1.8%	-31.2%	-8.8%	+36.2%	+25.6%	+30.3%	+12.0%

Range$112.90M – $225.40M

CAGR-3.5%

Avg YoY Growth+0.9%

Median YoY Growth-1.0%

Frequently Asked Questions

What is Paychex's accrued manufacturing costs?: Paychex (PAYX) reported accrued manufacturing costs of $176.70M in Q4 2025.
How has Paychex's accrued manufacturing costs changed year-over-year?: Paychex's accrued manufacturing costs increased by 12.0% year-over-year, from $157.80M to $176.70M.
What is the long-term trend for Paychex's accrued manufacturing costs?: Over 4 years (2021 to 2025), Paychex's accrued manufacturing costs has grown at a -3.2% compound annual growth rate (CAGR), from $209.70M to $183.90M.