Synertec (ASX:SOP) Days Payable : 987.00 (As of Dec. 2024)

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What is Synertec Days Payable?

Synertec's average Accounts Payable for the six months ended in Dec. 2024 was A$2.50 Mil. Synertec's Cost of Goods Sold for the six months ended in Dec. 2024 was A$0.46 Mil. Hence, Synertec's Days Payable for the six months ended in Dec. 2024 was 987.00.

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

ASX:SOP' s Days Payable Range Over the Past 10 Years
Min: 48.91 Med: 219.75 Max: 462.68
Current: 276.3

During the past 13 years, Synertec's highest Days Payable was 462.68. The lowest was 48.91. And the median was 219.75.

ASX:SOP's Days Payable is ranked better than
87.86% of 1672 companies
in the Construction industry
Industry Median: 75.855 vs ASX:SOP: 276.30

Synertec's Days Payable increased from Dec. 2023 (463.28) to Dec. 2024 (987.00). It may suggest that Synertec delayed paying its suppliers.

Synertec Days Payable Historical Data

The historical data trend for Synertec'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.

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Synertec Days Payable Chart

Synertec Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Days Payable

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141.95

252.31

632.33

676.17

219.75

Synertec Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Payable	Get a 7-Day Free Trial															738.49	552.85	463.28	217.51	987.00

Competitive Comparison of Synertec's Days Payable

For the Engineering & Construction subindustry, Synertec'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.

Synertec's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Synertec's Days Payable distribution charts can be found below:

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

Synertec 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.

Synertec's Days Payable for the fiscal year that ended in Jun. 2024 is calculated as

	Days Payable (A: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2023 )	+	Accounts Payable (A: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2024 )	*	Days in Period
=	( (2.144	+	1.384)	/	2 )	/	2.93	*	365
=	1.764					/	2.93	*	365
=	219.75

Synertec's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (1.384	+	3.624)	/	2 )	/	0.463	*	365 / 2
=	2.504					/	0.463	*	365 / 2
=	987.00

Synertec Days Payable Related Terms

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Synertec Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Synertec Corp Ltd (ASX:SOP) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Church Street, Clarendon House, Hamilton, BMU, HM11

Website

https://www.synertec.com.au

Synertec Corp Ltd is a technology design and development growth company enabling a low-carbon future through technology solutions. It is engaged in commercializing scalable, environmentally friendly, and energy-efficient technology for markets in energy, critical infrastructure, and advanced manufacturing. Some of the services provided by the company are; systems engineering, validation engineering, metering and sampling solutions, and providing renewable energy grid support among others. Its business segments are; Engineering which derives maximum revenue, and Technology. Geographically, the company's services are provided across Australia and overseas through offices in Melbourne and Perth.