Paychex (PAYX) - Cash on Hand

Cash on Hand as of February 2024 : $1.73 B

According to Paychex's latest financial reports the company has $1.73 B in cash and cash equivalents.
A company’s cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

Paychex - Cash on Hand chart (from 2001 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-05-31	$$1.59 B	30.35%
2022-05-31	$$1.22 B	18.61%
2021-05-31	$$1.03 B	10.67%
2020-05-31	$$0.93 B	30.84%
2019-05-31	$$0.71 B	67.99%
2018-05-31	$$0.42 B	31.17%
2017-05-31	$$0.32 B	-8.15%
2016-05-31	$$0.35 B	-34.38%
2015-05-31	$$0.53 B	-2.65%
2014-05-31	$$0.55 B	9.04%
2013-05-31	$$0.50 B	59.82%
2012-05-31	$$0.31 B	-31.83%
2011-05-31	$$0.46 B	26.5%
2010-05-31	$$0.36 B	-25.52%
2009-05-31	$$0.49 B	25.32%
2008-05-31	$$0.39 B	-33.52%
2007-05-31	$$0.59 B	2.37%
2006-05-31	$$0.57 B	90.33%
2005-05-31	$$0.30 B	-42.08%
2004-05-31	$$0.52 B	37.42%
2003-05-31	$$0.38 B	515.86%
2002-05-31	$$61.89 M	35.19%
2001-05-31	$$45.78 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Automatic Data Processing ADP	$3.29 B	90.25%	🇺🇸 USA
Intuit INTU	$4.67 B	170.37%	🇺🇸 USA
Equifax EFX	$0.20 B	-88.38%	🇺🇸 USA
Insperity NSP	$0.68 B	-60.52%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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