Synopsys (STU:SYP) Days Sales Outstanding : 55.97 (As of Jan. 2024)

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

What is Synopsys Days Sales Outstanding?

Synopsys's average Accounts Receivable for the three months ended in Jan. 2024 was €929 Mil. Synopsys's Revenue for the three months ended in Jan. 2024 was €1,514 Mil. Hence, Synopsys's Days Sales Outstanding for the three months ended in Jan. 2024 was 55.97.

The historical rank and industry rank for Synopsys's Days Sales Outstanding or its related term are showing as below:

STU:SYP' s Days Sales Outstanding Range Over the Past 10 Years
Min: 48.23 Med: 58.29 Max: 63.54
Current: 53.29

During the past 13 years, Synopsys's highest Days Sales Outstanding was 63.54. The lowest was 48.23. And the median was 58.29.

STU:SYP's Days Sales Outstanding is ranked better than
60.57% of 2721 companies
in the Software industry
Industry Median: 62.03 vs STU:SYP: 53.29

Synopsys's Days Sales Outstanding declined from Jan. 2023 (63.27) to Jan. 2024 (55.97).

Synopsys Days Sales Outstanding Historical Data

The historical data trend for Synopsys's Days Sales Outstanding 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.

Synopsys Days Sales Outstanding Chart

Synopsys Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Days Sales Outstanding

Get a 7-Day Free Trial

57.46

65.19

56.93

45.18

55.13

Synopsys Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Sales Outstanding	Get a 7-Day Free Trial															63.27	59.97	44.58	44.68	55.97

Competitive Comparison of Synopsys's Days Sales Outstanding

For the Software - Infrastructure subindustry, Synopsys's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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.

Synopsys's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, Synopsys's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Synopsys's Days Sales Outstanding falls into.

Synopsys Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Synopsys's Days Sales Outstanding for the fiscal year that ended in Oct. 2023 is calculated as

	Days Sales Outstanding (A: Oct. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Oct. 2022 )	+	Accounts Receivable (A: Oct. 2023 ))	/	count )	/	Revenue (A: Oct. 2023 )	*	Days in Period
=	( (791.081	+	880.4)	/	2 )	/	5532.96	*	365
=	835.7405					/	5532.96	*	365
=	55.13

Synopsys's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding (Q: Jan. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Oct. 2023 )	+	Accounts Receivable (A: Jan. 2024 ))	/	count )	/	Revenue (A: Jan. 2024 )	*	Days in Period
=	( (880.4	+	976.876)	/	2 )	/	1513.993	*	365 / 4
=	928.638					/	1513.993	*	365 / 4
=	55.97

Synopsys (STU:SYP) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Synopsys Days Sales Outstanding Related Terms

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

Synopsys (STU:SYP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Synopsys Inc (STU:SYP) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

SNPS:USA SNPS:Mexico SYPd:UK SYP:Germany S1NP34:Brazil SYNP:Austria

Address

675 Almanor Avenue, Sunnyvale, CA, USA, 94085

Website

https://www.synopsys.com

Synopsys is a provider of electronic design automation software, intellectual property, and software integrity products. EDA software automates the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. The firm's growing SI business allows customers to continuously manage and test the code base for security and quality. Synopsys' comprehensive portfolio is benefiting from a mutual convergence of semiconductor companies moving up-stack toward systems-like companies, and systems companies moving down-stack toward in-house chip design. The resulting expansion in EDA customers alongside secular digitalization of various end markets benefits EDA vendors like Synopsys.

Synopsys (STU:SYP) Headlines

No Headlines