Paychex Inc (PAYX) — Defensive Interval Ratio
Paychex Inc (PAYX) has a Defensive Interval Ratio of 107 days as of November 2025. Defensive assets of $2.07 Billion (cash $-, short-term investments $37.60 Million, receivables $2.03 Billion) cover 107 days of daily cash needs of $19.29 Million/day. Check tangible equity quality of Paychex Inc to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Paychex Inc Defensive Interval Ratio (1986–2025)
This chart shows how Paychex Inc's Defensive Interval Ratio has evolved across 40 annual periods from 1986 to 2025. As of November 2025, the ratio stands at 107 days, meaning defensive assets of $2.07 Billion can fund 107 days of operations without new revenue. Also explore PAYX net asset momentum to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Paychex Inc (1986–2025)
The table below presents the year-by-year Defensive Interval Ratio for Paychex Inc from 1986 to 2025, covering 40 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see PAYX market cap.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 105 days | $2.01 Billion | $19.06 Million/day | $- | $34.50 Million | ▼ -9 days |
| 2024 | 114 days | $1.66 Billion | $14.55 Million/day | $- | $33.90 Million | ▲ +1 days |
| 2023 | 113 days | $1.80 Billion | $15.91 Million/day | $- | $373.40 Million | ▼ -37 days |
| 2022 | 150 days | $2.17 Billion | $14.44 Million/day | $- | $853.90 Million | ▲ +70 days |
| 2021 | 81 days | $1.09 Billion | $13.53 Million/day | $- | $36.70 Million | ▲ +13 days |
| 2020 | 67 days | $817.50 Million | $12.13 Million/day | $- | $27.20 Million | ▲ +0 days |
| 2019 | 67 days | $893.20 Million | $13.27 Million/day | $- | $39.00 Million | ▲ +27 days |
| 2018 | 41 days | $590.60 Million | $14.51 Million/day | $- | $66.00 Million | ▼ -12 days |
| 2017 | 53 days | $682.20 Million | $12.95 Million/day | $- | $138.80 Million | ▼ -3 days |
| 2016 | 56 days | $665.30 Million | $11.96 Million/day | $- | $220.60 Million | ▲ +9 days |
| 2015 | 46 days | $581.10 Million | $12.53 Million/day | $- | $366.60 Million | ▼ -2 days |
| 2014 | 48 days | $584.40 Million | $12.16 Million/day | $- | $398.70 Million | ▼ 0 days |
| 2013 | 48 days | $564.00 Million | $11.69 Million/day | $- | $398.20 Million | ▲ +19 days |
| 2012 | 29 days | $380.50 Million | $13.00 Million/day | $- | $207.50 Million | ▼ -22 days |
| 2011 | 52 days | $535.50 Million | $10.38 Million/day | $- | $345.00 Million | ▲ +23 days |
| 2010 | 29 days | $297.75 Million | $10.25 Million/day | $- | $82.50 Million | ▲ +7 days |
| 2009 | 22 days | $225.39 Million | $10.14 Million/day | $- | $19.71 Million | ▼ -18 days |
| 2008 | 40 days | $447.85 Million | $11.06 Million/day | $- | $228.73 Million | ▼ -24 days |
| 2007 | 65 days | $751.67 Million | $11.61 Million/day | $- | $511.77 Million | ▲ +1 days |
| 2006 | 64 days | $667.98 Million | $10.52 Million/day | $- | $440.01 Million | ▼ -13 days |
| 2005 | 77 days | $619.62 Million | $8.06 Million/day | $- | $426.67 Million | ▲ +15 days |
| 2004 | 62 days | $462.68 Million | $7.46 Million/day | $- | $304.35 Million | ▼ 0 days |
| 2003 | 62 days | $442.63 Million | $7.09 Million/day | $- | $301.33 Million | ▼ -82 days |
| 2002 | 144 days | $798.48 Million | $5.54 Million/day | $- | $663.32 Million | ▲ +25 days |
| 2001 | 119 days | $697.14 Million | $5.87 Million/day | $- | $568.22 Million | ▼ -326 days |
| 2000 | 445 days | $2.30 Billion | $5.17 Million/day | $- | $2.19 Billion | ▲ +424 days |
| 1999 | 21 days | $81.00 Million | $3.92 Million/day | $- | $- | ▲ +0 days |
| 1998 | 20 days | $67.80 Million | $3.33 Million/day | $- | $- | ▼ -1 days |
| 1997 | 22 days | $56.00 Million | $2.59 Million/day | $- | $- | ▼ -562 days |
| 1996 | 583 days | $44.90 Million | $76.99K/day | $- | $- | ▲ +71 days |
| 1995 | 513 days | $37.50 Million | $73.15K/day | $- | $- | ▼ -807 days |
| 1994 | 1320 days | $68.70 Million | $52.05K/day | $- | $- | ▲ +186 days |
| 1993 | 1134 days | $55.30 Million | $48.77K/day | $- | $- | ▲ +668 days |
| 1992 | 466 days | $17.50 Million | $37.53K/day | $- | $- | ▼ -445 days |
| 1991 | 911 days | $26.20 Million | $28.77K/day | $- | $- | ▼ -145 days |
| 1990 | 1056 days | $29.50 Million | $27.95K/day | $- | $- | ▲ +595 days |
| 1989 | 461 days | $12.00 Million | $26.03K/day | $- | $- | ▼ -54 days |
| 1988 | 515 days | $8.60 Million | $16.71K/day | $- | $- | ▼ -29 days |
| 1987 | 544 days | $7.00 Million | $12.88K/day | $- | $- | ▲ +81 days |
| 1986 | 462 days | $5.70 Million | $12.33K/day | $- | $- | — |