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


What is Sysorex Days Payable?

Sysorex SYSX Days Payable is 307.12 as of Jun. 2023.

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 is not ranked *
in the Capital Markets industry.
Industry Median: 91.67
* Ranked among companies with meaningful Days Payable only.

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

* Premium members only.

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.

Sysorex Days Payable Chart

Sysorex Annual Data
Trend Dec20 Dec21 Dec22
Days Payable
0.00 355.48 165.81

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

SYSX vs MS, GS, SCHW: Days Payable Comparison

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 Days Payable vs 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

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 307.12 mean?
Sysorex (SYSX) has a Days Payable of 307.12 as of Jun. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Sysorex and its competitors.
Is Sysorex's Days Payable too high?
Sysorex's current Days Payable is 307.12. The Capital Markets industry median Days Payable is 91.67. Sysorex's value of 307.12 is 235% above this industry median.
How does Sysorex's Days Payable compare to MS and GS?
Sysorex's Days Payable of 307.12 can be compared against companies in the Capital Markets industry. The industry median Days Payable is 91.67. Sysorex's value of 307.12 is 235% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Capital Markets company?
The median Days Payable among Capital Markets companies is 91.67, based on 541 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sysorex's current Days Payable of 307.12 is 235% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Sysorex and its competitors. For the Capital Markets industry, the median Days Payable is 91.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sysorex's current Days Payable is 307.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sysorex stock overvalued right now?
Sysorex (SYSX) has a current Days Payable of 307.12. The current Days Payable is 307.12 and 235% above the Capital Markets industry median of 91.67. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Sysorex (SYSX), the current Days Payable is 307.12 as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Sysorex Business Description

Address 13880 Dulles Corner Lane, Suite 120, Herndon, VA, USA, 20171
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 driven efficiency.