According to Paychex latest financial reports the cash on hand of PAYX is $1.60B, an increase of 30.35% to 2022. At the end of 2022 company had $1.22B cash on hand. This amount reflects the liquid assets available to the company, which are crucial for its operational flexibility, investment opportunities, and overall financial security.
Year | Cash on Hand | Change |
---|---|---|
2023 | $1.60B | 30.35% |
2022 | $1.22B | 18.61% |
2021 | $1.03B | 10.67% |
2020 | $932.40M | 28.94% |
2019 | $723.10M | - |