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Synnex Days Inventory

: 46.49 (As of Aug. 2020)
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Synnex's Total Inventories for the three months ended in Aug. 2020 was $2,933 Mil. Synnex's Cost of Goods Sold for the three months ended in Aug. 2020 was $5,757 Mil. Hence, Synnex's Days Inventory for the three months ended in Aug. 2020 was 46.49.

NYSE:SNX' s Days Inventory Range Over the Past 10 Years
Min: 35.22   Med: 38.76   Max: 46.81
Current: 46.18
35.22
46.81

During the past 13 years, Synnex's highest Days Inventory was 46.81. The lowest was 35.22. And the median was 38.76.

NYSE:SNX's Days Inventory is ranked lower than
70% of the 1273 Companies
in the Software industry.

( Industry Median: 17.95 vs. NYSE:SNX: 46.18 )

Synnex's Days Inventory increased from Aug. 2019 (44.94) to Aug. 2020 (46.49). It might indicate that Synnex's sales slowed down.

Total Inventories can be measured by Days Sales of Inventory (DSI).

Inventory Turnover measures how fast the company turns over its inventory within a year. Synnex's Inventory Turnover for the three months ended in Aug. 2020 was 1.96.

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. Synnex's Inventory-to-Revenue for the three months ended in Aug. 2020 was 0.45.

Synnex Days Inventory Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Synnex Annual Data
Nov11 Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20
Days Inventory Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 43.85 46.81 46.60 43.22 43.74

Synnex Quarterly Data
Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 42.06 52.54 53.32 46.49 38.19
Competitive Comparison
* 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.

Synnex Days Inventory Distribution

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


Synnex Days Inventory Calculation

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

Synnex's Days Inventory for the fiscal year that ended in Nov. 2019 is calculated as

Days Inventory (A: Nov. 2019 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Nov. 2018 ) + Total Inventories (A: Nov. 2019 )) / count ) / Cost of Goods Sold (A: Nov. 2019 )*Days in Period
=( (2392.559 + 2547.224) / 2 ) / 20859.375*365
=2469.8915 / 20859.375*365
=43.22

Synnex's Days Inventory for the quarter that ended in Aug. 2020 is calculated as:

Days Inventory (Q: Aug. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: May. 2020 ) + Total Inventories (Q: Aug. 2020 )) / count ) / Cost of Goods Sold (Q: Aug. 2020 )*Days in Period
=( (3033.32 + 2832.607) / 2 ) / 5756.69*365 / 4
=2932.9635 / 5756.69*365 / 4
=46.49

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Synnex  (NYSE:SNX) Days Inventory Explanation

An increase of Days Inventory may indicate the company's sales slowed.

1. Total Inventories can be measured by Days Sales of Inventory (DSI).

Synnex's Days Sales of Inventory for the three months ended in Aug. 2020 is calculated as

Days Sales of Inventory (DSI)=Total Inventories/Revenue*Days in Period
=2932.9635/6464.782*365 / 4
=41.40

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

Synnex's Inventory Turnover for the three months ended in Aug. 2020 is calculated as

Inventory Turnover=Cost of Goods Sold / Total Inventories
=5756.69 / 2932.9635
=1.96

3. 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.

Synnex's Inventory to Revenue for the three months ended in Aug. 2020 is calculated as

Inventory-to-Revenue=Total Inventories / Revenue
=2932.9635 / 6464.782
=0.45

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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.

Synnex Days Inventory Related Terms

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