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PAYCHEX



Company name in Chinese: / Company name in English: PAYCHEX
Headquarters: NewYork, United States of America Country: United States of America
Established: 1971 Website: http://www.paychex.com
Main Business: Human Resource Outsourcing Annual revenue of 2014: 2,519 million dollars
Stock Exchange: NASDAQ Stock Market Stock Code: PAYX
About: PAYCHEX (NASDAQ:PAYX) is a provider of payroll, human resource and benefits outsourcing solutions for small to medium-sized businesses. Paychex offers a portfolio of services and products that allow its clients to meet their diverse payroll and human resource needs. These include payroll processing, payroll tax administration services, employee payment services, regulatory compliance services (new-hire reporting and garnishment processing), human resource outsourcing services, retirement services administration, health and benefits services, workers’ compensation insurance services, time and attendance solutions and other human resource services and products.

Major financial data in Fiscal 2014(Unit: $ million)

Operating profit Net profit Pre-tax profit Shareholders' equity
983 628 1,777
Total assets by the end of 2014 Average total assets Current assets Current liabilities
6,370 6,267 5,011 4,439
Receivable by the end of 2014 Average receivable Total liabilities Interest expense
149 / 4,593 /

Major financial ratios in Fiscal 2014:

Indicator Ratio Compared with industry average Indicator Ratio Compared with industry average
Revenue growth rate 8.3% Lower Net profit margin 24.9% Higher
Total turnover ratio 0.4 Lower ROE 35.3% Higher
Accounts receivable turnover ratio / / Debt-asset ratio 72.1% Higher
ROA 10.0% Higher Current ratio 1.1 Lower
Operating margin 39.0% Higher Times Interest Earned / /