Operating
Change in AP
Paychex Change in AP increased by 4319.2% to $109.70M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 8.5%, from $101.10M to $109.70M. Over 3 years (FY 2021 to FY 2024), Change in AP shows a downward trend with a -9.1% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalHigher is better
VolatilityVolatile
First reportedQ4 2013
Last reportedQ4 2025
How to read this metric
An increase suggests the company is successfully leveraging its scale to negotiate better payment terms with its supply chain.
Detailed definition
Accounts payable represents the change in the amount the company owes to its suppliers for materials or services purchas...
Peer comparison
Dominant market leaders often have high accounts payable as they can dictate longer payment terms to their vendors.
Metric ID:
change_in_accounts_payableHistorical Data
19 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 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $41.00M | -$29.10M | $124.10M | -$41.60M | $59.70M | -$61.10M | $49.90M | $89.80M | $7.70M | $104.40M | -$37.80M | $117.60M | -$311.20M | $65.60M | -$58.90M | $101.10M | $124.90M | -$2.60M | $109.70M |
| QoQ Change | — | -171.0% | +526.5% | -133.5% | +243.5% | -202.3% | +181.7% | +80.0% | -91.4% | >999% | -136.2% | +411.1% | -364.6% | +121.1% | -189.8% | +271.6% | +23.5% | -102.1% | >999% |
| YoY Change | — | — | — | — | +45.6% | -110.0% | -59.8% | +315.9% | -87.1% | +270.9% | -175.8% | +31.0% | <-999% | -37.2% | -55.8% | -14.0% | +90.4% | +95.6% | +8.5% |
Range-$311.20M – $124.90M
CAGR+24.4%
Avg YoY Growth-254.9%
Median YoY Growth-14.0%
Change in AP at Other Companies
Frequently Asked Questions
- What is Paychex's change in ap?
- Paychex (PAYX) reported change in ap of $109.70M in Q4 2025.
- How has Paychex's change in ap changed year-over-year?
- Paychex's change in ap increased by 8.5% year-over-year, from $101.10M to $109.70M.
- What is the long-term trend for Paychex's change in ap?
- Over 3 years (2021 to 2024), Paychex's change in ap has grown at a -9.1% compound annual growth rate (CAGR), from $169.00M to -$127.00M.
- What does change in ap mean?
- The change in the amount of money the company owes to its suppliers.