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Synopsys (LTS:0LBP) Days Payable : 52.20 (As of Jan. 2025)


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What is Synopsys Days Payable?

Synopsys's average Accounts Payable for the three months ended in Jan. 2025 was $154 Mil. Synopsys's Cost of Goods Sold for the three months ended in Jan. 2025 was $270 Mil. Hence, Synopsys's Days Payable for the three months ended in Jan. 2025 was 52.20.

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

LTS:0LBP' s Days Payable Range Over the Past 10 Years
Min: 7.95   Med: 13.3   Max: 53.04
Current: 32.87

During the past 13 years, Synopsys's highest Days Payable was 53.04. The lowest was 7.95. And the median was 13.30.

LTS:0LBP's Days Payable is ranked worse than
63.66% of 2554 companies
in the Software industry
Industry Median: 51.74 vs LTS:0LBP: 32.87

Synopsys's Days Payable increased from Jan. 2024 (37.82) to Jan. 2025 (52.20). It may suggest that Synopsys delayed paying its suppliers.


Synopsys Days Payable Historical Data

The historical data trend for Synopsys'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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Synopsys Days Payable Chart

Synopsys Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.44 12.16 13.21 34.02 53.04

Synopsys Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37.82 25.68 26.82 34.78 52.20

Competitive Comparison of Synopsys's Days Payable

For the Software - Infrastructure subindustry, Synopsys'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.


Synopsys's Days Payable Distribution in the Software Industry

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

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


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Synopsys 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.

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

Days Payable (A: Oct. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Oct. 2023 ) + Accounts Payable (A: Oct. 2024 )) / count ) / Cost of Goods Sold (A: Oct. 2024 )*Days in Period
=( (154.608 + 207.333) / 2 ) / 1245.289*365
=180.9705 / 1245.289*365
=53.04

Synopsys's Days Payable for the quarter that ended in Jan. 2025 is calculated as:

Days Payable (Q: Jan. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Oct. 2024 ) + Accounts Payable (Q: Jan. 2025 )) / count ) / Cost of Goods Sold (Q: Jan. 2025 )*Days in Period
=( (207.333 + 101.52) / 2 ) / 269.975*365 / 4
=154.4265 / 269.975*365 / 4
=52.20

* 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.


Synopsys Days Payable Related Terms

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Synopsys Business Description

Address
675 Almanor Avenue, Sunnyvale, CA, USA, 94085
Synopsys is a provider of electronic design automation software and intellectual property products. EDA software automates and aids in the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. Synopsys' comprehensive portfolio is benefiting from a convergence of semiconductor companies moving up the stack of technologies 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.

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