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Synergy Empire (Synergy Empire) Days Payable : 0.00 (As of Dec. 2023)


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What is Synergy Empire Days Payable?

Synergy Empire's average Accounts Payable for the three months ended in Dec. 2023 was $0.01 Mil. Synergy Empire's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.00 Mil.

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

SHMY' s Days Payable Range Over the Past 10 Years
Min: 29.71   Med: 47.61   Max: 2190
Current: 2190

During the past 5 years, Synergy Empire's highest Days Payable was 2190.00. The lowest was 29.71. And the median was 47.61.

SHMY's Days Payable is not ranked
in the Restaurants industry.
Industry Median: 38.115 vs SHMY: 2190.00

Synergy Empire's Days Payable declined from Dec. 2022 (91.25) to Dec. 2023 (0.00). It may suggest that Synergy Empire accelerated paying its suppliers.


Synergy Empire Days Payable Historical Data

The historical data trend for Synergy Empire'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.

Synergy Empire Days Payable Chart

Synergy Empire Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
29.71 32.52 62.93 52.50 47.61

Synergy Empire 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 91.25 547.50 - - -

Competitive Comparison of Synergy Empire's Days Payable

For the Restaurants subindustry, Synergy Empire'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.


Synergy Empire's Days Payable Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Synergy Empire's Days Payable distribution charts can be found below:

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



Synergy Empire 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.

Synergy Empire's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

Days Payable (A: Mar. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2022 ) + Accounts Payable (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (0.012 + 0.006) / 2 ) / 0.069*365
=0.009 / 0.069*365
=47.61

Synergy Empire'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
=( (0.006 + 0.006) / 2 ) / 0*365 / 4
=0.006 / 0*365 / 4
=N/A

* 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.


Synergy Empire Days Payable Related Terms

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Synergy Empire (Synergy Empire) Business Description

Traded in Other Exchanges
N/A
Address
No. 19 Jalan 12/118B, Desa Tun Razak, Kuala Lumpur, MYS, 56100
Synergy Empire Ltd is engaged in the production and sale of food products, specifically desserts created and sold through various restaurants. The company sells the products under the brand name Sweet Hut. The company has two restaurant outlets and one central kitchen in Malaysia. The company cooperates with online food delivery companies to have their desserts displayed on their platforms in order to promote their desserts such as Foodpanda and Honestbee food delivery. The firm generates the majority of its revenue from the Dine-in service.

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