Syn hf (OISE:SYN) Days Payable : 61.23 (As of Dec. 2023)

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What is Syn hf Days Payable?

Syn hf's average Accounts Payable for the three months ended in Dec. 2023 was kr3,178 Mil. Syn hf's Cost of Goods Sold for the three months ended in Dec. 2023 was kr4,736 Mil. Hence, Syn hf's Days Payable for the three months ended in Dec. 2023 was 61.23.

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

OISE:SYN' s Days Payable Range Over the Past 10 Years
Min: 54.12 Med: 83.27 Max: 100.13
Current: 100.13

During the past 13 years, Syn hf's highest Days Payable was 100.13. The lowest was 54.12. And the median was 83.27.

OISE:SYN's Days Payable is ranked worse than
50.72% of 345 companies
in the Telecommunication Services industry
Industry Median: 102.31 vs OISE:SYN: 100.13

Syn hf's Days Payable declined from Dec. 2022 (121.09) to Dec. 2023 (61.23). It may suggest that Syn hf accelerated paying its suppliers.

Syn hf Days Payable Historical Data

The historical data trend for Syn hf'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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Syn hf Days Payable Chart

Syn hf Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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88.47

88.87

92.87

98.87

87.42

Syn hf 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															121.09	121.39	140.28	103.26	61.23

Competitive Comparison of Syn hf's Days Payable

For the Telecom Services subindustry, Syn hf'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.

Syn hf's Days Payable Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Syn hf's Days Payable distribution charts can be found below:

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

Syn hf 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.

Syn hf'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
=	( (4241	+	3261)	/	2 )	/	15661	*	365
=	3751					/	15661	*	365
=	87.42

Syn hf'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
=	( (3095	+	3261)	/	2 )	/	4736	*	365 / 4
=	3178					/	4736	*	365 / 4
=	61.23

Syn hf Days Payable Related Terms

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Syn hf (OISE:SYN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Syn hf (OISE:SYN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Suourlandsbraut 8, Reykjavik, ISL, 108

Website

https://www.syn.is

Syn hf is an Iceland based Telecommunication and Media company. The company generates revenue from sales of Fixed line, Hosting and operating solutions, Retail sale and Other revenue which includes services revenue.

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