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SNX (TD Synnex) Cash Conversion Cycle : 25.00 (As of May. 2025)


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What is TD Synnex Cash Conversion Cycle?

Cash Conversion Cycle is one of several measures of management effectiveness. It equals Days Sales Outstanding + Days Inventory - Days Payable.

TD Synnex's Days Sales Outstanding for the three months ended in May. 2025 was 59.68.
TD Synnex's Days Inventory for the three months ended in May. 2025 was 55.85.
TD Synnex's Days Payable for the three months ended in May. 2025 was 90.53.
Therefore, TD Synnex's Cash Conversion Cycle (CCC) for the three months ended in May. 2025 was 25.00.


TD Synnex Cash Conversion Cycle Historical Data

The historical data trend for TD Synnex's Cash Conversion Cycle 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.

* Premium members only.

TD Synnex Cash Conversion Cycle Chart

TD Synnex Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.16 24.43 19.70 24.65 20.89

TD Synnex Quarterly Data
Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.80 21.32 18.61 23.38 25.00

Competitive Comparison of TD Synnex's Cash Conversion Cycle

For the Electronics & Computer Distribution subindustry, TD Synnex's Cash Conversion Cycle, along with its competitors' market caps and Cash Conversion Cycle 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.


TD Synnex's Cash Conversion Cycle Distribution in the Hardware Industry

For the Hardware industry and Technology sector, TD Synnex's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where TD Synnex's Cash Conversion Cycle falls into.


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TD Synnex Cash Conversion Cycle Calculation

Cash Conversion Cycle (CCC) measures how fast a company can convert cash on hand into even more cash on hand. This metric looks at the amount of time needed to sell inventory, the amount of time needed to collect receivables and the length of time the company is afforded to pay its bills without incurring penalties.

Cash Conversion Cycle is one of several measures of management effectiveness.

TD Synnex's Cash Conversion Cycle for the fiscal year that ended in Nov. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=64.44+51.71-95.26
=20.89

TD Synnex's Cash Conversion Cycle for the quarter that ended in May. 2025 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=59.68+55.85-90.53
=25.00

* 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.


TD Synnex  (NYSE:SNX) Cash Conversion Cycle Explanation

Generally, the lower this number is, the better for the company. Although it should be combined with other metrics (such as ROE % and ROA %), it can be especially useful for comparing close competitors, because the company with the lowest CCC is often the one with better management.


Be Aware

CCC is most effective with retail-type companies, which have inventories that are sold to customers. Consulting businesses, software companies and insurance companies are all examples of companies for whom this metric is meaningless.

The CCC is one of several tools that can help you evaluate management, especially if it is calculated for several consecutive time periods and for several competitors. Decreasing or steady CCCs are good, while rising ones should motivate you to dig a bit deeper.


TD Synnex Cash Conversion Cycle Related Terms

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TD Synnex Business Description

Traded in Other Exchanges
Address
44201 Nobel Drive, Fremont, CA, USA, 94538
TD Synnex Corp is a distributor and solutions aggregator for the IT ecosystem. The company aggregates and distributes IT hardware, software, and systems including personal computing devices and peripherals, mobile phones and accessories, printers, server and data center infrastructure, hybrid cloud, security, networking, communications and storage solutions, and system components. Its geographical segments include the Americas, Europe, and APJ.
Executives
Dennis Polk director, officer: Chief Operating Officer 44201 NOBEL DRIVE, FREMONT CA 94538
Marshall Witt officer: Chief Financial Officer 44201 NOBEL DRIVE, FREMONT CA 94538
Merline Saintil director 10 SOUTH FIRST AVENUE, WALLA WALLA WA 99362
Richard T Hume director, officer: Chief Executive Officer 5350 TECH DATA DRIVE, CLEARWATER FL 33760
Patrick Zammit officer: President, EU & APAC KOUTERVELDSTRAAT 20, DIEGEM C9 B-1831
Ann F Vezina director 219 GOLF CLUB DRIVE, NICHOLASVILLE KY 40356
Simon Leung officer: SVP, GC & Corporate Secretary 3797 SPINNAKER COURT, FREMONT CA 94538
David R Vetter officer: Chief Legal Officer
Michael Urban officer: President, Worldwide Distrib. 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