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TD Synnex (FRA:SUX) Days Inventory : 50.00 (As of Feb. 2024)


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What is TD Synnex Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). TD Synnex's Average Total Inventories for the three months ended in Feb. 2024 was €6,588 Mil. TD Synnex's Cost of Goods Sold for the three months ended in Feb. 2024 was €12,023 Mil. Hence, TD Synnex's Days Inventory for the three months ended in Feb. 2024 was 50.00.

The historical rank and industry rank for TD Synnex's Days Inventory or its related term are showing as below:

FRA:SUX' s Days Inventory Range Over the Past 10 Years
Min: 35.72   Med: 47.94   Max: 57.26
Current: 52.71

During the past 13 years, TD Synnex's highest Days Inventory was 57.26. The lowest was 35.72. And the median was 47.94.

FRA:SUX's Days Inventory is ranked better than
80.67% of 2405 companies
in the Hardware industry
Industry Median: 103.77 vs FRA:SUX: 52.71

TD Synnex's Days Inventory declined from Feb. 2023 (57.82) to Feb. 2024 (50.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. TD Synnex's Inventory Turnover for the three months ended in Feb. 2024 was 1.82.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. TD Synnex's Inventory-to-Revenue for the three months ended in Feb. 2024 was 0.51.


TD Synnex Days Inventory Historical Data

The historical data trend for TD Synnex's Days Inventory 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 Days Inventory Chart

TD Synnex Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.65 52.55 56.70 46.84 57.11

TD Synnex Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Days Inventory 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 57.82 56.77 53.69 49.59 50.00

Competitive Comparison of TD Synnex's Days Inventory

For the Electronics & Computer Distribution subindustry, TD Synnex's Days Inventory, along with its competitors' market caps and Days Inventory 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 Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, TD Synnex's Days Inventory distribution charts can be found below:

* The bar in red indicates where TD Synnex's Days Inventory falls into.



TD Synnex Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

TD Synnex's Days Inventory for the fiscal year that ended in Nov. 2023 is calculated as

Days Inventory (A: Nov. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Nov. 2022 ) + Total Inventories (A: Nov. 2023 )) / count ) / Cost of Goods Sold (A: Nov. 2023 )*Days in Period
=( (8894.354 + 6603.157) / 2 ) / 49525.094*365
=7748.7555 / 49525.094*365
=57.11

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

Days Inventory (Q: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Nov. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (6603.157 + 6573.492) / 2 ) / 12022.715*365 / 4
=6588.3245 / 12022.715*365 / 4
=50.00

* 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  (FRA:SUX) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

TD Synnex's Inventory Turnover for the three months ended in Feb. 2024 is calculated as

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

TD Synnex's Inventory to Revenue for the three months ended in Feb. 2024 is calculated as

* 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.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


TD Synnex Days Inventory Related Terms

Thank you for viewing the detailed overview of TD Synnex's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


TD Synnex (FRA:SUX) Business Description

Traded in Other Exchanges
Address
44201 Nobel Drive, Fremont, CA, USA, 94538
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.

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