Sysorex (Sysorex) Days Payable : 307.12 (As of Jun. 2023)

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What is Sysorex Days Payable?

Sysorex's average Accounts Payable for the three months ended in Jun. 2023 was $4.59 Mil. Sysorex's Cost of Goods Sold for the three months ended in Jun. 2023 was $1.36 Mil. Hence, Sysorex's Days Payable for the three months ended in Jun. 2023 was 307.12.

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

SYSX' s Days Payable Range Over the Past 10 Years
Min: 134.42 Med: 260.65 Max: 355.48
Current: 134.42

During the past 3 years, Sysorex's highest Days Payable was 355.48. The lowest was 134.42. And the median was 260.65.

SYSX's Days Payable is ranked better than
54.1% of 525 companies
in the Capital Markets industry
Industry Median: 97.91 vs SYSX: 134.42

Sysorex's Days Payable increased from Jun. 2022 (110.96) to Jun. 2023 (307.12). It may suggest that Sysorex delayed paying its suppliers.

Sysorex Days Payable Historical Data

The historical data trend for Sysorex'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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Sysorex Days Payable Chart

Sysorex Annual Data

Trend

Dec20

Dec21

Dec22

Days Payable

355.48

165.81

Sysorex Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Days Payable	Get a 7-Day Free Trial								110.96	121.94	100.55	121.33	307.12

Competitive Comparison of Sysorex's Days Payable

For the Capital Markets subindustry, Sysorex'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.

Sysorex's Days Payable Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Sysorex's Days Payable distribution charts can be found below:

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

Sysorex 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.

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

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (6.724	+	4.236)	/	2 )	/	12.063	*	365
=	5.48					/	12.063	*	365
=	165.81

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

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (5.353	+	3.822)	/	2 )	/	1.363	*	365 / 4
=	4.5875					/	1.363	*	365 / 4
=	307.12

Sysorex Days Payable Related Terms

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

Sysorex (Sysorex) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Sysorex Inc (OTCPK:SYSX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

13880 Dulles Corner Lane, Suite 120, Herndon, VA, USA, 20171

Website

https://www.sysorexinc.com

Sysorex Inc is a technology company focused on Ethereum mining and the Ethereum blockchain and information technology solutions mainly in the public sector segments including federal, state, and local governments. It currently owns and operates approximately 11,000 NVIDIA GPUs (Graphics Processing Units) generating approximately 500 Gigahash of computing power, which GPUs include thousands of Cryptocurrency Mining Processors (CMPs). These GPUs are currently online and securing the Ethereum Blockchain and generating ETH around the clock with industry-leading efficiency.

Executives

Stilley William B. Iii	director	1180 SEMINOLE TRAIL, SUITE 495, CHARLOTTESVILLE VA 22901
Wayne Fernando Wasserberg	director, officer: CEO	88 SW 7TH ST.,, APT. 1504, MIAMI FL 33130
Douglas Cole	director	C/O AMERICAN BATTERY METALS CORP, 930 TAHOE BLVD, STE 802-16, INCLINE VILLAGE NV 89451
Vincent Loiacono	officer: Chief Financial Officer	C/O TERRESTAR CORPORATION, 12010 SUNSET HILLS ROAD, 6TH FLOOR, RESTON VA 20190
Wendy Loundermon	officer: Vice President of Finance	C/O SYSOREX GLOBAL HOLDINGS CORP., 2479 E. BAYSHORE ROAD, SUITE 195, PALO ALTO CA 94303
Nadir Ali	director, officer: Chief Executive Officer	C/O SYSOREX GLOBAL HOLDINGS CORP., 2479 E. BAYSHORE ROAD, SUITE 195, PALO ALTO CA 94303
Npixon	10 percent owner	2479 E. BAYSHORE ROAD, SUITE 195, PALO ALTO CA 94303
Zaman Khan	director, officer: President	C/O SYSOREX INC, 2355 DULLES CORNER BLVD, SUITE 600, HERNDON VA 20171

Sysorex (Sysorex) Headlines

From GuruFocus

Sysorex Reports Growth in Government Services Business and Broadening of Its Data Center Business

By Value_Insider Value_Insider • 11-16-2022

Sysorex Provides Business Update

By Value_Insider Value_Insider • 11-30-2022

Sysorex Announces Closing of $500,000 Private Placement

By Value_Insider Value_Insider • 10-19-2022