Discontinued — last reported Q4 '24
Paychex Unbilled Receivables decreased by 6.4% to $598.80M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 0.2%, from $597.90M to $598.80M. Over 4 years (FY 2021 to FY 2025), Unbilled Receivables shows an upward trend with a 8.1% CAGR.
An increase often reflects progress on long-term contracts, while a sudden decrease may indicate successful billing or project completion.
This represents revenue recognized for work performed but not yet invoiced to the customer under the terms of a contract...
Common in government contracting, construction, and professional services firms with long-term project accounting.
other_unbilled_receivables_current| 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 | $450.90M | $489.10M | $531.80M | $463.40M | $572.10M | $476.30M | $494.80M | $588.20M | $528.50M | $535.40M | $544.40M | $590.70M | $542.40M | $553.80M | $598.90M | $597.90M | $616.60M | $609.40M | $640.00M | $598.80M |
| QoQ Change | — | +8.5% | +8.7% | -12.9% | +23.5% | -16.7% | +3.9% | +18.9% | -10.1% | +1.3% | +1.7% | +8.5% | -8.2% | +2.1% | +8.1% | -0.2% | +3.1% | -1.2% | +5.0% | -6.4% |
| YoY Change | — | — | — | — | +26.9% | -2.6% | -7.0% | +26.9% | -7.6% | +12.4% | +10.0% | +0.4% | +2.6% | +3.4% | +10.0% | +1.2% | +13.7% | +10.0% | +6.9% | +0.2% |