Company name:

Paycom Software Inc

  • IPO SHARE PRICE:
    $15.00
  • IPO DATE:
    15 April 2014
  • TICKER:
    PAYC
  • MAIN STOCK EXCHANGE:
    New York Stock Exchange
  • CURRENT HQ LOCATION:
    7501 W Memorial Road Oklahoma City Oklahoma 73142
  • FISCAL YEAR END:
    December 31
  • INCORPORATION JURISDICTION:
    DE
  • ORGANIZED AS THE FOLLOWING LEGAL TYPE:
    Corporation
  • Investor Relations Webpage:
    Coming soon!
  • TAX RATE:
    USA federal corporate nominal income tax rate is 21%

Short Description

Paycom Software Inc

We are working hard and as soon as possible to provide company description soon. Feel free to reach out to request it sooner: improve@real-clear-investing.com

Balance Sheet

Quarterly Annual
(USD in thousand)
5.8% 61.9%
Selected Year:
31-Dec
2020
Current Assets
Most valuable part of Current Assets is Cash and Marketable Securities which should be watched carefully; at the same time high and growing level of Accounts Receivables is very dangerous sign
71.5%
61.9% —

Customer funds

5.8% —

Cash and cash equivalents

2.3% —

Deferred contract costs

0.7% —

Prepaid expenses

0.4% —

Income tax receivable

0.4% —

Accounts Receivable

0.0% —

Inventory

Liquidity
Selected Year:
The most liquid asset, however, most companies don't keep much of it and invest excess cash into marketable securities such as Government bonds - in the US - Treasuries
Cash and cash equivalents
$45,679
$45,679
$45,679
$45,679
 $46,077 $45,718 $133,667 $151,710
Restricted cash and cash equivalents
$45,679
$45,679
-
-
 - - - -
Accounts Receivable
$45,679
$45,679
$45,679
$45,679
 1,576 3,414 9,298 9,130
Income tax receivable
$45,679
$45,679
$45,679
$45,679
 7,047 3,962 4,020 10,447
Inventory
$45,679
$45,679
$45,679
$45,679
 979 797 1,158 1,151
Deferred tax assets
$45,679
-
-
-
 - - - -
Prepaid expenses
-
$45,679
$45,679
$45,679
 4,982 7,658 13,561 17,854
Prepaid expenses and initial public offering costs
$45,679
-
-
-
 - - - -
Deferred contract costs
-
-
-
-
 26,403 35,286 46,618 60,819
Total current assets before customer funds
$45,679
$45,679
$45,679
$45,679
 87,064 96,835 208,322 251,111
Customer funds
$45,679
$45,679
$45,679
$45,679
 1,089,201 967,787 1,662,778 1,613,494
Total current assets
$45,679
$45,679
$45,679
$45,679
 $1,176,265 $1,064,622 $1,871,100 $1,864,605
10.9% 14.2%
Selected Year:
31-Dec
2020
Non-Current Assets
Non-current assets characterize company's business: high Property, Plant, and Equipment means that company is in capital-intensive industry which typically is very cyclical (earnings fluctuate a lot); watch out for high level of Goodwill and other non-intangibles which is bad sign as they typically worth very low relative to their value shown on the balance sheet
28.5%
14.2% —

Deferred contract acquisition costs

10.9% —

Property and equipment net

2.0% —

Goodwill

1.3% —

Other assets non-current
Selected Year:
Deposits and other non-current assets
45,679
45,679
45,679
45,679
 1,456 - - -
Property plant and equipment net
45,679
-
-
-
 - - - -
Property and equipment net
-
45,679
45,679
45,679
 147,705 176,962 238,458 285,218
Deferred tax assets
-
-
45,679
45,679
 - - - -
Deferred contract acquisition costs
-
-
-
-
 171,865 225,459 292,134 371,357
Intangible assets
45,679
45,679
45,679
45,679
 958 - - -
Goodwill
45,679
45,679
45,679
45,679
 51,889 51,889 51,889 51,889
Other assets non-current
-
-
-
-
 - - 33,336 34,843
Other non-current assets
-
-
-
-
 - 2,994 33,336 -
Total non-current assets
45,679
45,679
45,679
45,679
 373,873 457,304 615,817 743,307
Total assets
45,679
45,679
45,679
45,679
 $1,550,138 $1,521,926 $2,486,917 $2,607,912
61.9% 4.3% 27.6% 13.7%
Selected Year:
31-Dec
2020
Current Liabilities
Current Liabilities represent company's short-term dues to others. The most important part to watch for is short-term debt and accounts payables
65.9%
61.9% —

Customer deposits

1.7% —

Accrued expenses and other current liabilities

0.9% —

Accrued employee compensation and benefits

0.5% —

Accrued commissions and bonuses

0.5% —

Current portion of deferred revenue

0.3% —

Accounts payable

0.1% —

Current maturities of long-term debt
Selected Year:
Accounts payable
$45,679
$45,679
$45,679
$45,679
 $6,490 $6,288 $5,051 $6,787
Accrued employee compensation and benefits
$45,679
$45,679
$45,679
$45,679
 7,015 10,741 14,870 24,529
Accrued commissions and bonuses
$45,679
$45,679
$45,679
$45,679
 9,585 10,671 12,343 13,703
Accrued expenses and other current liabilities
$45,679
$45,679
$45,679
$45,679
 19,991 22,440 45,600 44,175
Current portion of deferred revenue
$45,679
$45,679
$45,679
$45,679
 6,982 8,980 11,105 13,567
Current maturities of long-term debt
$45,679
$45,679
$45,679
$45,679
 888 1,775 1,775 1,775
Total current liabilities before customer fund obligations
$45,679
$45,679
$45,679
$45,679
 50,951 60,895 90,744 104,536
Customer deposits
$45,679
$45,679
$45,679
$45,679
 1,089,201 967,787 1,662,778 1,613,494
Total current liabilities
$45,679
$45,679
$45,679
$45,679
 $1,140,152 $1,028,682 $1,753,522 $1,718,030
Selected Year:
31-Dec
2020
Non-Current Liabilities
The most critical items are revolving credit facility, term loans, and then notes - any forms of debt; in addition, pay attention to items like pension liabilites and leases- hidden debt
9.0%
4.3% —

Deferred tax liability

2.8% —

Deferred revenue

1.1% —

Long-term debt

0.7% —

Other non-current liabilities
Selected Year:
Deferred revenue
$45,679
$45,679
$45,679
$45,679
 44,642 55,671 65,139 73,259
Deferred tax liability
$45,679
$45,679
$45,679
-
 49,129 70,206 91,217 112,598
Derivative liabilities
$45,679
-
-
$45,679
 554 - - -
Long-term debt
$45,679
$45,679
$45,679
$45,679
 34,414 32,614 30,858 29,119
Long-term debt related party
$45,679
-
-
-
 - - - -
Other non-current liabilities
-
-
-
-
 - - 19,553 19,263
Total long-term liabilities
$45,679
$45,679
$45,679
$45,679
 $128,739 $158,491 $206,767 $234,239
Total Liabilities
$45,679
$45,679
$45,679
$45,679
 $1,268,891 $1,187,173 $1,960,289 $1,952,269
Selected Year:
31-Dec
2020
Equity
It's residue that is owned by shareholders after satisfying all of the liabilities with all of the assets; the larger the amount, the better the business is
25.1%
27.6% —

Retained earnings

13.7% —

Additional paid-in capital

0.0% —

Common stock
Selected Year:
Non-controlling interest
$45,679
-
-
-
 - - - -
Common stock
$45,679
$45,679
$45,679
$45,679
 601 607 613 618
Treasury Stock
-
-
-
-
 - - (307,652) -
Treasury Stock at cost
-
-
$45,679
$45,679
 (139,688) (265,124) (307,652) (422,502)
Retained earnings
$45,679
$45,679
$45,679
$45,679
 258,525 395,590 576,166 719,619
Additional paid-in capital
$45,679
$45,679
$45,679
$45,679
 161,809 203,680 257,501 357,908
Total parents stockholders equity
$45,679
-
-
-
 - - - -
Total Equity
$45,679
$45,679
$45,679
$45,679
 $281,247 $334,753 $526,628 $655,643
Total Liabilities and Equity
$45,679
$45,679
$45,679
$45,679
 $1,550,138 $1,521,926 $2,486,917 $2,607,912