Silynxcom (Silynxcom) Days Payable : 89.54 (As of Dec. 2023)

View and export this data going back to 2024. Start your Free Trial

What is Silynxcom Days Payable?

Silynxcom's average Accounts Payable for the six months ended in Dec. 2023 was $1.26 Mil. Silynxcom's Cost of Goods Sold for the six months ended in Dec. 2023 was $2.56 Mil. Hence, Silynxcom's Days Payable for the six months ended in Dec. 2023 was 89.54.

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

SYNX' s Days Payable Range Over the Past 10 Years
Min: 129.08 Med: 144.56 Max: 175.07
Current: 129.08

During the past 3 years, Silynxcom's highest Days Payable was 175.07. The lowest was 129.08. And the median was 144.56.

SYNX's Days Payable is ranked better than
80% of 2425 companies
in the Hardware industry
Industry Median: 68.07 vs SYNX: 129.08

Silynxcom's Days Payable declined from Dec. 2022 (115.22) to Dec. 2023 (89.54). It may suggest that Silynxcom accelerated paying its suppliers.

Silynxcom Days Payable Historical Data

The historical data trend for Silynxcom'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.

Silynxcom Days Payable Chart

Silynxcom Annual Data

Trend

Dec21

Dec22

Dec23

Days Payable

138.36

175.07

144.56

Silynxcom Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	-	334.81	115.22	164.21	89.54

Competitive Comparison of Silynxcom's Days Payable

For the Communication Equipment subindustry, Silynxcom'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.

Silynxcom's Days Payable Distribution in the Hardware Industry

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

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

Silynxcom 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.

Silynxcom's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (2.221	+	1.315)	/	2 )	/	4.464	*	365
=	1.768					/	4.464	*	365
=	144.56

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

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1.2	+	1.315)	/	2 )	/	2.563	*	365 / 2
=	1.2575					/	2.563	*	365 / 2
=	89.54

Silynxcom Days Payable Related Terms

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

Silynxcom (Silynxcom) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Silynxcom Ltd (AMEX:SYNX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

19 Yad Ha’Harutzim Street, Netanya, ISR, 4250519

Website

https://www.silynxcom.com

Silynxcom Ltd is engaged in developing, manufacturing, marketing and selling ruggedized Personal Headset Devices as well as other communications accessories, all of which have been battlefield-tested and combat-proven. It specializes in developing the In-Ear Headset device, a subsegment of the Personal Headset Device market. The In-Ear Headset device is used in both in training and operations by the military, law enforcement, and disaster recovery industry professionals. It also develops, market and sell push-to-talk devices, communication controllers, and communication device cables and connectors.

Silynxcom (Silynxcom) Headlines

No Headlines