Syncro Group AB (XSAT:SYNC.TO.3.B) Days Payable : 0.00 (As of Dec. 2023)

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What is Syncro Group AB Days Payable?

Syncro Group AB's average Accounts Payable for the three months ended in Dec. 2023 was kr16.05 Mil. Syncro Group AB's Cost of Goods Sold for the three months ended in Dec. 2023 was kr-0.17 Mil.

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

XSAT:SYNC.TO.3.B' s Days Payable Range Over the Past 10 Years
Min: 24 Med: 58.33 Max: 177.66
Current: 34.58

During the past 13 years, Syncro Group AB's highest Days Payable was 177.66. The lowest was 24.00. And the median was 58.33.

XSAT:SYNC.TO.3.B's Days Payable is ranked worse than
62.41% of 923 companies
in the Business Services industry
Industry Median: 47.09 vs XSAT:SYNC.TO.3.B: 34.58

Syncro Group AB's Days Payable declined from Dec. 2022 (69.30) to Dec. 2023 (0.00). It may suggest that Syncro Group AB accelerated paying its suppliers.

Syncro Group AB Days Payable Historical Data

The historical data trend for Syncro Group AB'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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Syncro Group AB Days Payable Chart

Syncro Group AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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35.87

24.00

32.52

36.55

44.18

Syncro Group AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															69.30	24.29	17.60	22.18	-

Competitive Comparison of Syncro Group AB's Days Payable

For the Staffing & Employment Services subindustry, Syncro Group AB'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.

Syncro Group AB's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Syncro Group AB's Days Payable distribution charts can be found below:

* The bar in red indicates where Syncro Group AB's Days Payable falls into.

Syncro Group AB 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.

Syncro Group AB'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
=	( (17.345	+	18.526)	/	2 )	/	148.173	*	365
=	17.9355					/	148.173	*	365
=	44.18

Syncro Group AB'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (13.57	+	18.526)	/	2 )	/	-0.169	*	365 / 4
=	16.048					/	-0.169	*	365 / 4
=	N/A

Syncro Group AB Days Payable Related Terms

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Syncro Group AB (XSAT:SYNC.TO.3.B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Syncro Group AB (XSAT:SYNC.TO.3.B) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SYNC B:Sweden 7PF:Germany

Address

Birger Jarlsgatan, Box 168, Stockholm, SWE, 111 73

Website

https://www.gigger.group

Syncro Group AB, formerly Gigger Group AB provides a digital platform for recruitment and freelance purpose. The platform provides payroll management services, human resource management services, and other related services.

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