PAYX Quick Ratio Analysis

The quick ratio of 0.38x means PAYX has only $0.38 of highly liquid assets—cash, marketable securities, and receivables—for every $1 of short-term liabilities, showing a thin buffer to cover bills due within a year.

This sits well below the sector median of 0.72x, placing the company in the 20th percentile among peers, so most comparable firms hold a stronger liquidity cushion. The trend is unavailable: both year-over-year and quarter-over-quarter changes are reported as N/A, so there is no evidence of improvement or deterioration in this ratio. A low level combined with no trend data points to a liquidity risk that cannot be assessed for direction, making the stock less attractive on this specific measure. This metric contradicts a bullish stance but does not force a bearish one, so it supports the overall NEUTRAL verdict by adding a cautionary note without overriding other factors.

Frequently Asked Questions

Closest Sector Peers