What is Paychex's change in AP?

Paychex (PAYX) reported change in AP of $109.7M 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 $101.1M to $109.7M.

What does change in AP mean?

Increase or decrease in amounts owed to suppliers — a key working capital component affecting operating cash flow.

Paychex PAYX Change in AP

Change in AP at other companies

Asure SoftwareASUR

-$172K-119%

Barrett Business ServicesBBSI

-$1.56M-285%

Trinet GroupTNET

$0+100%

InsperityNSP

$0+100%

Workday, Inc.WDAY

-$1M+75.0%

Paycom SoftwarePAYC

$2.4M+117%

Other financials

Income statement

See full

Revenue$1.6B+12.5%

Gross profit$1.4B+22.8%

Operating income$604.7M+40.3%

Net income$420.6M+41.5%

EPS (diluted)$1.17+42.7%

Balance sheet

See full

Cash & equivalents$1.1B-33.2%

Total debt$4.6B-0.8%

Total equity$3.7B-9.5%

Total assets$16.2B-2.4%

Cash flow

See full

Operating cash flow$580.9M+69.0%

CapEx$65.9M+8.9%

Free cash flow$515.0M+81.8%

Valuation

See full

Market cap$34.97B-25.6%

Enterprise value$38.49B-23.2%

P/E19.9×-8.5×

P/S5.4×-3.1×

Profitability

See full

Gross margin73.9%+1.9pp

Operating margin38.6%-1.1pp

Net margin27%-2.7pp

FCF margin35.7%+5.0pp

Returns & leverage

See full

Return on equity44.8%+3.0pp

Debt / equity1.2×+0.1×

Current ratio1.3×0.0×

Where this comes from

Reported directly by Paychex in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInAccountsPayableAndAccruedLiabilities.

The official record: Paychex’s 10-Q, filed March 26, 2026, on SEC EDGAR. View the filing →

Ask your AI about Paychex's change in ap.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Paychex's change in AP?: Paychex (PAYX) reported change in AP of $109.7M 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 $101.1M to $109.7M.
What does change in AP mean?: Increase or decrease in amounts owed to suppliers — a key working capital component affecting operating cash flow.