Synectics (LSE:SNX) Days Payable : 74.70 (As of Nov. 2023)

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What is Synectics Days Payable?

Synectics's average Accounts Payable for the six months ended in Nov. 2023 was £6.71 Mil. Synectics's Cost of Goods Sold for the six months ended in Nov. 2023 was £16.39 Mil. Hence, Synectics's Days Payable for the six months ended in Nov. 2023 was 74.70.

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

LSE:SNX' s Days Payable Range Over the Past 10 Years
Min: 55.46 Med: 65.87 Max: 118.08
Current: 69.81

During the past 13 years, Synectics's highest Days Payable was 118.08. The lowest was 55.46. And the median was 65.87.

LSE:SNX's Days Payable is ranked better than
63.58% of 928 companies
in the Business Services industry
Industry Median: 46.675 vs LSE:SNX: 69.81

Synectics's Days Payable declined from Nov. 2022 (111.97) to Nov. 2023 (74.70). It may suggest that Synectics accelerated paying its suppliers.

Synectics Days Payable Historical Data

The historical data trend for Synectics'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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Synectics Days Payable Chart

Synectics Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Days Payable

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59.53

70.36

65.93

60.85

55.46

Synectics Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Days Payable	Get a 7-Day Free Trial															192.68	127.42	111.97	79.94	74.70

Competitive Comparison of Synectics's Days Payable

For the Security & Protection Services subindustry, Synectics'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.

Synectics's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Synectics's Days Payable distribution charts can be found below:

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

Synectics 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.

Synectics'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
=	( (3.297	+	5.552)	/	2 )	/	29.121	*	365
=	4.4245					/	29.121	*	365
=	55.46

Synectics's Days Payable for the quarter that ended in Nov. 2023 is calculated as:

	Days Payable (Q: Nov. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: May. 2023 )	+	Accounts Payable (Q: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Nov. 2023 )	*	Days in Period
=	( (7.861	+	5.552)	/	2 )	/	16.385	*	365 / 2
=	6.7065					/	16.385	*	365 / 2
=	74.70

Synectics Days Payable Related Terms

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Synectics (LSE:SNX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Synectics PLC (LSE:SNX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-4 Broadfield Close, Synectics House, Sheffield, South Yorkshire, GBR, S8 0XN

Website

https://www.synecticsplc.com

Synectics PLC is a UK-based company, which operates in d security and surveillance systems. It business of the group is operated through Systems and Security segments. Its systems segment develops, integrates, and delivers resilient, flexible electronic surveillance solutions based on its proprietary hardware and software, and operates globally across all sectors. The Security segment focuses on the design, delivery, maintenance, and management of end-to-end security and surveillance systems for high-security & public space applications, and operates principally in the United Kingdom. Its operations are spread across UK and Europe, North America, the Middle East & Africa, and Asia Pacific.