Synaptics Payables Turnover from 2010 to 2024

SYNA Stock  USD 81.65  5.15  6.73%   
Synaptics Incorporated's Payables Turnover is increasing over the years with slightly volatile fluctuation. Overall, Payables Turnover is expected to go to 7.33 this year. Payables Turnover is a liquidity ratio that shows how quickly Synaptics Incorporated pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
6.136
Current Value
7.33078394
Quarterly Volatility
3.12804598
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Synaptics Incorporated financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Synaptics Incorporated's main balance sheet or income statement drivers, such as Interest Expense of 68.6 M, Gross Profit of 343.2 M or Other Operating Expenses of 777.6 M, as well as many indicators such as Price To Sales Ratio of 1.06, Dividend Yield of 0.0 or PTB Ratio of 2.36. Synaptics financial statements analysis is a perfect complement when working with Synaptics Incorporated Valuation or Volatility modules.
  
Check out the analysis of Synaptics Incorporated Correlation against competitors.
For information on how to trade Synaptics Stock refer to our How to Trade Synaptics Stock guide.

Latest Synaptics Incorporated's Payables Turnover Growth Pattern

Below is the plot of the Payables Turnover of Synaptics Incorporated over the last few years. It is a liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable. Synaptics Incorporated's Payables Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Synaptics Incorporated's overall financial position and show how it may be relating to other accounts over time.
Payables Turnover10 Years Trend
Slightly volatile
   Payables Turnover   
       Timeline  

Synaptics Payables Turnover Regression Statistics

Arithmetic Mean10.41
Geometric Mean9.96
Coefficient Of Variation30.05
Mean Deviation2.84
Median8.80
Standard Deviation3.13
Sample Variance9.78
Range7.8203
R-Value0.36
Mean Square Error9.20
R-Squared0.13
Significance0.19
Slope0.25
Total Sum of Squares136.99

Synaptics Payables Turnover History

2024 7.33
2023 6.14
2017 13.96
2011 8.8
2010 6.15

About Synaptics Incorporated Financial Statements

Synaptics Incorporated stakeholders use historical fundamental indicators, such as Synaptics Incorporated's Payables Turnover, to determine how well the company is positioned to perform in the future. Although Synaptics Incorporated investors may analyze each financial statement separately, they are all interrelated. For example, changes in Synaptics Incorporated's assets and liabilities are reflected in the revenues and expenses on Synaptics Incorporated's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Synaptics Incorporated. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 6.14  7.33 

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When determining whether Synaptics Incorporated offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Synaptics Incorporated's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Synaptics Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Synaptics Incorporated Stock:
Check out the analysis of Synaptics Incorporated Correlation against competitors.
For information on how to trade Synaptics Stock refer to our How to Trade Synaptics Stock guide.
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Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Synaptics Incorporated. If investors know Synaptics will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Synaptics Incorporated listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.84)
Earnings Share
4.01
Revenue Per Share
24.826
Quarterly Revenue Growth
0.084
Return On Assets
(0.01)
The market value of Synaptics Incorporated is measured differently than its book value, which is the value of Synaptics that is recorded on the company's balance sheet. Investors also form their own opinion of Synaptics Incorporated's value that differs from its market value or its book value, called intrinsic value, which is Synaptics Incorporated's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Synaptics Incorporated's market value can be influenced by many factors that don't directly affect Synaptics Incorporated's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Synaptics Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if Synaptics Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Synaptics Incorporated's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.