Stock Analysis on Net
Stock Analysis on Net

Paycom Software Inc. (NYSE:PAYC)

This company has been moved to the archive! The financial data has not been updated since November 2, 2023.

Common-Size Balance Sheet: Assets 

Paycom Software Inc., common-size consolidated balance sheet: assets

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Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Cash and cash equivalents 10.27 8.65 5.82 5.37 3.00
Accounts receivable 0.59 0.30 0.35 0.37 0.22
Prepaid expenses 0.87 0.74 0.68 0.55 0.50
Inventory 0.04 0.04 0.04 0.05 0.05
Income tax receivable 0.14 0.51 0.40 0.16 0.26
Deferred contract costs 2.47 2.39 2.33 1.87 2.32
Current assets before funds held for clients 14.38% 12.61% 9.63% 8.38% 6.36%
Funds held for clients 56.45 57.43 61.87 66.86 63.59
Current assets 70.83% 70.04% 71.50% 75.24% 69.95%
Property and equipment, net 10.31 10.85 10.94 9.59 11.63
Intangible assets, net 1.38 1.80 0.01 0.02 0.05
Goodwill 1.33 1.61 1.99 2.09 3.41
Long-term deferred contract costs 14.55 14.36 14.24 11.75 14.81
Other assets 1.59 1.32 1.32 1.32 0.15
Noncurrent assets 29.17% 29.96% 28.50% 24.76% 30.05%
Total assets 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Paycom Software Inc. current assets as a percentage of total assets decreased from 2020 to 2021 but then increased from 2021 to 2022 not reaching 2020 level.
Property and equipment, net Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Paycom Software Inc. property and equipment, net as a percentage of total assets decreased from 2020 to 2021 and from 2021 to 2022.
Noncurrent assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Paycom Software Inc. noncurrent assets as a percentage of total assets increased from 2020 to 2021 but then slightly decreased from 2021 to 2022 not reaching 2020 level.