TD Synnex (FRA:SUX) Days Payable : 90.33 (As of Feb. 2024)

View and export this data going back to . Start your Free Trial

What is TD Synnex Days Payable?

TD Synnex's average Accounts Payable for the three months ended in Feb. 2024 was €11,901 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 Payable for the three months ended in Feb. 2024 was 90.33.

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

FRA:SUX' s Days Payable Range Over the Past 10 Years
Min: 42.05 Med: 60.6 Max: 96.92
Current: 88.16

During the past 13 years, TD Synnex's highest Days Payable was 96.92. The lowest was 42.05. And the median was 60.60.

FRA:SUX's Days Payable is ranked better than
63.99% of 2419 companies
in the Hardware industry
Industry Median: 67.96 vs FRA:SUX: 88.16

TD Synnex's Days Payable increased from Feb. 2023 (89.46) to Feb. 2024 (90.33). It may suggest that TD Synnex delayed paying its suppliers.

TD Synnex Days Payable Historical Data

The historical data trend for TD Synnex'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.

* Premium members only.

TD Synnex Days Payable Chart

TD Synnex Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Days Payable

Get a 7-Day Free Trial

62.28

69.18

96.13

77.24

96.02

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 Payable	Get a 7-Day Free Trial															89.46	88.23	86.62	87.71	90.33

Competitive Comparison of TD Synnex's Days Payable

For the Electronics & Computer Distribution subindustry, TD Synnex'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.

TD Synnex's Days Payable Distribution in the Hardware Industry

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

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

TD Synnex 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.

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

	Days Payable (A: Nov. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Nov. 2022 )	+	Accounts Payable (A: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (A: Nov. 2023 )	*	Days in Period
=	( (13723.189	+	12332.888)	/	2 )	/	49525.094	*	365
=	13028.0385					/	49525.094	*	365
=	96.02

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

	Days Payable (Q: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Nov. 2023 )	+	Accounts Payable (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (12332.888	+	11469.538)	/	2 )	/	12022.715	*	365 / 4
=	11901.213					/	12022.715	*	365 / 4
=	90.33

TD Synnex Days Payable Related Terms

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

TD Synnex (FRA:SUX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » TD Synnex Corp (FRA:SUX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SNX:USA

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.

TD Synnex (FRA:SUX) Headlines

No Headlines