Sygnity (FRA:CPN) Days Payable : 5.99 (As of Sep. 2024)

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What is Sygnity Days Payable?

Sygnity's average Accounts Payable for the three months ended in Sep. 2024 was €0.6 Mil. Sygnity's Cost of Goods Sold for the three months ended in Sep. 2024 was €9.6 Mil. Hence, Sygnity's Days Payable for the three months ended in Sep. 2024 was 5.99.

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

FRA:CPN' s Days Payable Range Over the Past 10 Years
Min: 3.62 Med: 93.22 Max: 142.52
Current: 3.62

During the past 13 years, Sygnity's highest Days Payable was 142.52. The lowest was 3.62. And the median was 93.22.

FRA:CPN's Days Payable is ranked worse than
96.91% of 2523 companies
in the Software industry
Industry Median: 48.75 vs FRA:CPN: 3.62

Sygnity's Days Payable increased from Jun. 2023 (5.58) to Sep. 2024 (5.99). It may suggest that Sygnity delayed paying its suppliers.

Sygnity Days Payable Historical Data

The historical data trend for Sygnity'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.

Sygnity Days Payable Chart

Sygnity Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Days Payable

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134.72

142.52

104.79

63.46

17.31

Sygnity Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															5.58	1.07	7.94	7.35	5.99

Competitive Comparison of Sygnity's Days Payable

For the Information Technology Services subindustry, Sygnity'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.

Sygnity's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Sygnity's Days Payable distribution charts can be found below:

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

Sygnity 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.

Sygnity's Days Payable for the fiscal year that ended in Sep. 2022 is calculated as

	Days Payable (A: Sep. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2021 )	+	Accounts Payable (A: Sep. 2022 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2022 )	*	Days in Period
=	( (2.609	+	0.73)	/	2 )	/	35.196	*	365
=	1.6695					/	35.196	*	365
=	17.31

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

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (0.693	+	0.567)	/	2 )	/	9.593	*	365 / 4
=	0.63					/	9.593	*	365 / 4
=	5.99

Sygnity Days Payable Related Terms

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

Sygnity Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sygnity SA (FRA:CPN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SGN:Poland

Address

ul. Postepu 17B, Warszawa, POL, 02-676

Website

https://www.sygnity.pl

Sygnity SA is an IT consulting company. The company serves banking; capital markets; energy; utility; retail and other industries. It generates revenue from Licences and software; Implementation services and Maintenance services.

Sygnity Headlines

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