PAYC Quick Ratio Analysis
Updated 129h ago·SEC filings & market data
Key Takeaway
The quick ratio measures liquid assets—cash, marketable securities, and receivables—against current liabilities, so a 0.07x value means Paylocity holds only $0.07 in liquid assets for every $1 of short-term obligations.
Sector Performance
3th percentilePAYC
0.08x
Sector Median
0.72x
Sector Avg
2.70x
Prior Period
0.07x(Aug 2026)
Deep Analysis
The quick ratio measures liquid assets—cash, marketable securities, and receivables—against current liabilities, so a 0.07x value means Paylocity holds only $0.07 in liquid assets for every $1 of short-term obligations.
This is far below the sector median of 0.72x, placing the company at the 2nd percentile among peers, indicating unusually low liquidity coverage. Trend data is unavailable: both the year-over-year change and quarter-over-quarter change are N/A, so there is no directional signal from recent movements. The combination of an extremely low level and no trend history implies elevated short-term liquidity risk, though it does not alone determine solvency. This metric contradicts the overall NEUTRAL verdict, as a quick ratio this low typically signals a bearish liquidity position that neutral guidance does not reflect.
Frequently Asked Questions
What does the Quick Ratio tell investors about PAYC?
A strict liquidity test. Values below 1.0 suggest a company may struggle to cover short-term obligations without selling inventory.
How is the Quick Ratio calculated?
Quick Ratio is calculated as: (Cash + Receivables) / Current Liabilities.
Who are PAYC's closest peers by Quick Ratio?
The closest peers by Quick Ratio include: OMC (0.67x), KO (0.66x), SIEGY (0.64x), TAP (0.60x), LW (0.60x).
Learn More About Quick Ratio
The Formula
(Cash + Receivables) / Current Liabilities
Why It Matters
A strict liquidity test. Values below 1.0 suggest a company may struggle to cover short-term obligations without selling inventory.
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0.08x
Sector Median
0.72x
Sector Avg
2.70x
How PAYC's Quick Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.