Syzygy AG (XTER:SYZ) Days Payable : 37.96 (As of Sep. 2024)

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What is Syzygy AG Days Payable?

Syzygy AG's average Accounts Payable for the three months ended in Sep. 2024 was €5.68 Mil. Syzygy AG's Cost of Goods Sold for the three months ended in Sep. 2024 was €13.65 Mil. Hence, Syzygy AG's Days Payable for the three months ended in Sep. 2024 was 37.96.

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

XTER:SYZ' s Days Payable Range Over the Past 10 Years
Min: 45.68 Med: 83.05 Max: 104.24
Current: 45.68

During the past 13 years, Syzygy AG's highest Days Payable was 104.24. The lowest was 45.68. And the median was 83.05.

XTER:SYZ's Days Payable is ranked worse than
65.81% of 930 companies
in the Media - Diversified industry
Industry Median: 83.56 vs XTER:SYZ: 45.68

Syzygy AG's Days Payable declined from Sep. 2023 (39.06) to Sep. 2024 (37.96). It may suggest that Syzygy AG accelerated paying its suppliers.

Syzygy AG Days Payable Historical Data

The historical data trend for Syzygy AG'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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Syzygy AG Days Payable Chart

Syzygy AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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97.75

79.53

88.38

77.10

64.68

Syzygy AG Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															39.06	49.78	56.95	46.91	37.96

Competitive Comparison of Syzygy AG's Days Payable

For the Advertising Agencies subindustry, Syzygy AG'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.

Syzygy AG's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Syzygy AG's Days Payable distribution charts can be found below:

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

Syzygy AG 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.

Syzygy AG'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
=	( (10.659	+	9.667)	/	2 )	/	57.353	*	365
=	10.163					/	57.353	*	365
=	64.68

Syzygy AG's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (6.938	+	4.417)	/	2 )	/	13.649	*	365 / 4
=	5.6775					/	13.649	*	365 / 4
=	37.96

Syzygy AG Days Payable Related Terms

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Syzygy AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Syzygy AG (XTER:SYZ) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SYZ:Germany SYZ:Germany

Address

Horexstrasse 28, Bad Homburg V.D.H., HE, DEU, 61352

Website

https://www.syzygy.net

Syzygy AG is a Germany-based company. It is a provider of creative, technological, and media services for digital marketing. It acts as a management holding company that provides its subsidiaries with central services relating to design, planning, technology development, accounting, information technology infrastructure, and finance. The company receives maximum revenue from the product areas of online marketing design and technical realization. Geographically, Germany accounts for the majority of the revenue of the firm.

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