Syntel (Syntel) Days Payable : 7.56 (As of Jun. 2018)

View and export this data going back to 1997. Start your Free Trial

What is Syntel Days Payable?

Syntel's average Accounts Payable for the three months ended in Jun. 2018 was $13.7 Mil. Syntel's Cost of Goods Sold for the three months ended in Jun. 2018 was $165.1 Mil. Hence, Syntel's Days Payable for the three months ended in Jun. 2018 was 7.56.

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

SYNT's Days Payable is not ranked ^*
in the Software industry.
Industry Median: 50.65
* Ranked among companies with meaningful Days Payable only.

Syntel's Days Payable increased from Jun. 2017 (6.41) to Jun. 2018 (7.56). It may suggest that Syntel delayed paying its suppliers.

Syntel Days Payable Historical Data

The historical data trend for Syntel'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.

Syntel Days Payable Chart

Syntel Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Days Payable

Get a 7-Day Free Trial

8.42

6.59

7.49

7.79

7.13

Syntel Quarterly Data
	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18
Days Payable	Get a 7-Day Free Trial															6.41	3.84	4.51	7.20	7.56

Competitive Comparison of Syntel's Days Payable

For the Information Technology Services subindustry, Syntel'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.

Syntel's Days Payable Distribution in the Software Industry

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

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

Syntel 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.

Syntel's Days Payable for the fiscal year that ended in Dec. 2017 is calculated as

	Days Payable (A: Dec. 2017 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2016 )	+	Accounts Payable (A: Dec. 2017 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2017 )	*	Days in Period
=	( (10.76	+	11.632)	/	2 )	/	572.789	*	365
=	11.196					/	572.789	*	365
=	7.13

Syntel's Days Payable for the quarter that ended in Jun. 2018 is calculated as:

	Days Payable (Q: Jun. 2018 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2018 )	+	Accounts Payable (Q: Jun. 2018 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2018 )	*	Days in Period
=	( (12.684	+	14.658)	/	2 )	/	165.058	*	365 / 4
=	13.671					/	165.058	*	365 / 4
=	7.56

Syntel Days Payable Related Terms

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

Syntel (Syntel) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Syntel Inc (NAS:SYNT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.syntelinc.com

Syntel is a global provider of digital transformation, information technology, and knowledge process. The company earns approximately half of its revenue from customers in the banking and financial services industry. Syntel provides a broad range of technology solutions to its customers, including managed IT services, digital one, and KPO services. Managed services provides complete software applications development, maintenance, digital modernization, IT infrastructure, cloud, and migration services. Syntel's Digital One service line provides a range of consulting and implementation services built around enterprise architecture, data warehousing and business intelligence, enterprise application integration, web and mobile applications, and "Internet of Things".

Executives

Bharat Desai	director, 10 percent owner, officer: Co-Chairman	2800, SUITE 300, BLOOMFIELD MI 48304
Neerja Sethi	director, 10 percent owner	2800, SUITE 300, BLOOMFIELD MI 48304
Prashant Ranade	director, officer: Co-Chairman	507 PLYMOUTH AVENUE, NE, GRAND RAPIDS MI 49505
Mrkonic George R Jr	director	C/O BORDERS GROUP INC, 100 PHOENIX DRIVE, ANN ARBOR MI 48108