TD Synnex (TD Synnex) Accounts Receivable

: $8,903 Mil (As of Feb. 2024)

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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. TD Synnex's accounts receivables for the quarter that ended in Feb. 2024 was $8,903 Mil.

Accounts receivable can be measured by Days Sales Outstanding. TD Synnex's Days Sales Outstanding for the quarter that ended in Feb. 2024 was 58.13.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. TD Synnex's Net-Net Working Capital per share for the quarter that ended in Feb. 2024 was $-96.34.

TD Synnex Accounts Receivable Historical Data

The historical data trend for TD Synnex's Accounts Receivable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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TD Synnex Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Accounts Receivable

3,926.71

2,791.70

8,310.03

9,421.00

10,297.81

TD Synnex Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Accounts Receivable																9,357.06	8,376.42	8,892.13	10,297.81	8,902.80

TD Synnex Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

TD Synnex Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

TD Synnex's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	8902.803	/	13975.253	*	91
=	58.13

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), TD Synnex's accounts receivable are only considered to be worth 75% of book value:

TD Synnex's Net-Net Working Capital Per Share for the quarter that ended in Feb. 2024 is calculated as:

	Net-Net Working Capital Per Share
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(1030.946	+	0.75 * 8902.803	+	0.5 * 7091.146	-	19697.854
-	0	-	0)	/	87.6498
=	-96.34

Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.

TD Synnex Accounts Receivable Related Terms

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TD Synnex (TD Synnex) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » TD Synnex Corp (NYSE:SNX) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

SUX:Germany

Address

44201 Nobel Drive, Fremont, CA, USA, 94538

Website

https://www.tdsynnex.com

TD Synnex Corp is a global distributor and solutions aggregator for the IT ecosystem. Its edge-to-cloud portfolio is anchored in some of the technology segments including cloud, cybersecurity, big data/analytics, IoT, mobility, and everything as a service.

Executives

Michael Urban	officer: President, Worldwide Distrib.	44201 NOBEL DRIVE, FREMONT CA 94538
Dennis Polk	director, officer: Chief Operating Officer	44201 NOBEL DRIVE, FREMONT CA 94538
Fred A Breidenbach	director
Apollo Management Holdings Gp, Llc	10 percent owner	9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Peer Developments Ltd	10 percent owner	4TH FLOOR, NO. 75, SEC. 3,, MING-SHENG E. ROAD,, TAIPEI F5 00000
Silver Star Developments Ltd	10 percent owner	NO 200 WEN HWA 2ND RD, KUEI SHAN HSIANG, TAOYUAN F5 00000
Matthew Miau	director	44201 NOBEL DRIVE, FREMONT CA 94538
Claude J Pumilia	director	6363 S FIDDLER'S GREEN CIRCLE, SUITE 1400, GREENWOOD VILLAGE CO 80111
Kathleen M Crusco	director	C/O CALIX, INC., 1035 N. MCDOWELL BLVD, PETALUMA CA 94954
Marshall Witt	officer: Chief Financial Officer	44201 NOBEL DRIVE, FREMONT CA 94538
Ap Ix Tiger Co-invest (ml) Gp, Llc	10 percent owner	9 WEST 57TH STREET 41ST FLOOR, NEW YORK NY 10019
Ap Ix Tiger Holdings Gp, Llc	10 percent owner	9 WEST 57TH STREET 41ST FLOOR, NEW YORK NY 10019
Tiger Parent Holdings Gp, Llc	10 percent owner	9 WEST 57TH STREET 41ST FLOOR, NEW YORK NY 10019
Ap Ix Tiger Co-invest (ml), L.p.	10 percent owner	9 WEST 57TH STREET 41ST FLOOR, NEW YORK NY 10019
Richard T Hume	director, officer: Chief Executive Officer	5350 TECH DATA DRIVE, CLEARWATER FL 33760