# Paychex, Inc. (PAYX) FY2025 Q1 Balance Sheet

- Company: Paychex, Inc. (PAYX)
- Period: As of 2024-08-31
- Filing: Q1 FY2025 10-Q, filed 2024-10-01, accession number 0000950170-24-110834
- Page: https://plicit.ai/financials/payx/fy2025-q1-balance-sheet
- Chart image: https://plicit.ai/charts/payx-fy2025-q1-balance-sheet-sankey.png

## Chart details

Balance sheet as of 2024-08-31. The chart shows assets, liabilities and equity at that date.

- **Assets**: 10,489,100,000 US dollars
- **Current assets**: 7,361,400,000 US dollars
- **Non-current assets**: 3,127,700,000 US dollars
- **Liabilities**: 6,638,700,000 US dollars
- **Current liabilities**: 5,343,900,000 US dollars
- **Non-current liabilities**: 1,294,800,000 US dollars
- **Equity**: 3,850,400,000 US dollars
- **Funds held for clients**: 3,763,200,000 US dollars
- **Cash and cash equivalents**: 1,459,600,000 US dollars
- **Accounts receivable, net of allowance for credit losses**: 1,126,200,000 US dollars
- **PEO unbilled receivables, net of advance collections**: 553,800,000 US dollars
- **Prepaid expenses and other current assets**: 342,400,000 US dollars
- **Restricted cash**: 54,900,000 US dollars
- **Corporate investments**: 38,400,000 US dollars
- **Interest receivable**: 22,900,000 US dollars
- **Goodwill**: 1,884,900,000 US dollars
- **Long-term deferred costs**: 471,000,000 US dollars
- **Property and equipment, net of accumulated depreciation**: 417,400,000 US dollars
- **Intangible assets, net of accumulated amortization**: 187,700,000 US dollars
- **Other long-term assets**: 117,200,000 US dollars
- **Operating lease right-of-use assets, net of accumulated amortization**: 49,500,000 US dollars
- **Client fund obligations**: 3,843,600,000 US dollars
- **Accrued worksite employee compensation and related items**: 677,200,000 US dollars
- **Other current liabilities**: 478,700,000 US dollars
- **Accrued corporate compensation and related items**: 120,800,000 US dollars
- **Accounts payable**: 80,900,000 US dollars
- **Accrued income taxes**: 73,500,000 US dollars
- **Deferred revenue**: 50,300,000 US dollars
- **Short-term borrowings**: 18,900,000 US dollars
- **Long-term borrowings, net of debt issuance costs**: 798,700,000 US dollars
- **Other long-term liabilities**: 243,000,000 US dollars
- **Accrued income taxes**: 108,600,000 US dollars
- **Deferred income taxes**: 95,100,000 US dollars
- **Operating lease liabilities**: 49,400,000 US dollars
- **Retained earnings**: 2,165,400,000 US dollars
- **Additional paid-in capital**: 1,761,700,000 US dollars
- **Common stock, $0.01 par value; Authorized: 600.0 shares; Issued and outstanding: 359.9 shares as of August 31, 2024 and 360.1 shares as of May 31, 2024**: 3,600,000 US dollars
- **Accumulated other comprehensive loss**: negative 80,300,000 US dollars
- **Gross equity (calculated)**: 3,930,700,000 US dollars. Net equity plus the magnitudes of its negative contributions equals gross positive equity. The negative contributions enter this reconciliation as add-backs; their filed signs stay negative.

### Chart connections

- Assets equal liabilities plus consolidated equity. Consolidated equity includes noncontrolling interests when reported.
- Treasury shares and other negative equity contributions reduce equity.