Synergy Pharmaceuticals (FRA:S90) Days Payable : 284.39 (As of Sep. 2018)

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What is Synergy Pharmaceuticals Days Payable?

Synergy Pharmaceuticals's average Accounts Payable for the three months ended in Sep. 2018 was €10.48 Mil. Synergy Pharmaceuticals's Cost of Goods Sold for the three months ended in Sep. 2018 was €3.36 Mil. Hence, Synergy Pharmaceuticals's Days Payable for the three months ended in Sep. 2018 was 284.39.

The historical rank and industry rank for Synergy Pharmaceuticals's Days Payable or its related term are showing as below:

FRA:S90' s Days Payable Range Over the Past 10 Years
Min: 275.14 Med: 963.39 Max: 963.39
Current: 275.14

During the past 12 years, Synergy Pharmaceuticals's highest Days Payable was 963.39. The lowest was 275.14. And the median was 963.39.

FRA:S90's Days Payable is not ranked
in the Drug Manufacturers industry.
Industry Median: 87.13 vs FRA:S90: 275.14

Synergy Pharmaceuticals's Days Payable declined from Sep. 2017 (1,311.13) to Sep. 2018 (284.39). It may suggest that Synergy Pharmaceuticals accelerated paying its suppliers.

Synergy Pharmaceuticals Days Payable Historical Data

The historical data trend for Synergy Pharmaceuticals's Days Payable 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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Synergy Pharmaceuticals Days Payable Chart

Synergy Pharmaceuticals Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Days Payable

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843.86

Synergy Pharmaceuticals Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
Days Payable	Get a 7-Day Free Trial															1,311.13	482.85	581.48	407.36	284.39

Competitive Comparison of Synergy Pharmaceuticals's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Synergy Pharmaceuticals's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Synergy Pharmaceuticals's Days Payable Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Synergy Pharmaceuticals's Days Payable distribution charts can be found below:

* The bar in red indicates where Synergy Pharmaceuticals's Days Payable falls into.

Synergy Pharmaceuticals Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Synergy Pharmaceuticals's Days Payable for the fiscal year that ended in Dec. 2017 is calculated as

	Days Payable (A: Dec. 2017 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2016 )	+	Accounts Payable (A: Dec. 2017 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2017 )	*	Days in Period
=	( (14.774	+	19.651)	/	2 )	/	7.445	*	365
=	17.2125					/	7.445	*	365
=	843.86

Synergy Pharmaceuticals's Days Payable for the quarter that ended in Sep. 2018 is calculated as:

	Days Payable (Q: Sep. 2018 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2018 )	+	Accounts Payable (Q: Sep. 2018 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2018 )	*	Days in Period
=	( (11.053	+	9.897)	/	2 )	/	3.361	*	365 / 4
=	10.475					/	3.361	*	365 / 4
=	284.39

Synergy Pharmaceuticals Days Payable Related Terms

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Synergy Pharmaceuticals (FRA:S90) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Synergy Pharmaceuticals Inc (FRA:S90) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

420 Lexington Avenue, Suite 2012, New York, NY, USA, 10170

Website

http://www.synergypharma.com

Synergy Pharmaceuticals Inc functions in the healthcare sector based in the United States. It focusses on developing therapies to combat gastrointestinal diseases. The company's basic ingredient is the uroguanylin analog, which it employs in its products candidates such as plecanatide and dolcanatide. Plecanatide is a once-daily tablet, which addresses chronic idiopathic constipation and the irritable bowel syndrome. Dolcanatide is meant to cure inflammatory bowel disease by aiding the process of digestive breakdown.

Synergy Pharmaceuticals (FRA:S90) Headlines

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