Paychex Current Ratio 2010-2025 | PAYX
- Paychex average current ratio for 2024 was 1.35, a 7.14% increase from 2023.
- Paychex average current ratio for 2023 was 1.26, a 1.56% increase from 2022.
- Paychex average current ratio for 2022 was 1.28, a 1.59% decline from 2021.
Current ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations.