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GuruFocus has detected 5 Warning Signs with Synaptics Inc $SYNA.
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Synaptics Inc (NAS:SYNA)
Days Payable
50.86 (As of Mar. 2017)

Synaptics Inc's payable for the three months ended in Mar. 2017 was $173 Mil. Synaptics Inc's cost of goods sold for the three months ended in Mar. 2017 was $310 Mil. Hence, Synaptics Inc's days payable for the three months ended in Mar. 2017 was 50.86.

SYNA' s Days Payable Range Over the Past 10 Years
Min: 41.72   Max: 90.45
Current: 56.69

41.72
90.45

During the past 13 years, Synaptics Inc's highest Days Payable was 90.45. The lowest was 41.72. And the median was 59.66.

SYNA's Days Payable is ranked higher than
59% of the 1383 Companies
in the Global Software - Application industry.

( Industry Median: 44.00 vs. SYNA: 56.69 )

Synaptics Inc's days payable declined from Mar. 2016 (54.34) to Mar. 2017 (50.86). It may suggest that Synaptics Inc accelerated paying its suppliers.


Definition

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

Synaptics Inc's Days Payable for the fiscal year that ended in Jun. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=172.8/1085.4*365
=58.11

Synaptics Inc's Days Payable for the quarter that ended in Mar. 2017 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=172.5/309.5*365 / 4
=50.86

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


Related Terms

Revenue


Historical Data

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

Synaptics Inc Annual Data

Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15Jun16
DaysPayable 48.8947.4841.7278.2246.5368.8790.4569.3061.2058.11

Synaptics Inc Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
DaysPayable 40.5053.0155.2050.4849.7954.3473.0753.4047.7250.86
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