Dennis Polk - Synnex Chairman

SNX Stock  USD 117.24  1.30  1.12%   

Chairman

Mr. Dennis J. Polk is redesignated as President, Chief Executive Officer, Director of the Company effective March 1, 2018. He is currently serves as Chief Operating Officer and Director of Synnex Corporation . Mr. Polk joined SYNNEX in 2002 as Senior Vice President of Corporationrationrate Finance and in the same year became Chief Financial Officer. In 2006, he was promoted to Chief Operating Officer and is serving in this capacity until March 1, 2018. Mr. Polk serves on the Board of Directors of Terreno Realty Corporationrationration. At Terreno, Mr. Polk serves as Chair of the Nominating and Corporationrationrate Governance Committee. Before joining SYNNEX, Mr. Polk held executive positions at DoveBid Inc., a capital asset disposition services firm, and Savoir Technology Group, Inc., a computer systems distributor and contract manufacturer since 2021.
Age 57
Tenure 3 years
Address 44201 Nobel Drive, Fremont, CA, United States, 94538
Phone510 656 3333
Webhttps://www.synnexcorp.com

Latest Insider Transactions

2024-04-08Disposed of 20000 shares @ 118.1View
2024-01-16Disposed of 6701 shares @ 103.84View
Polk started his career at Grant Thornton LLP, where he exited as an Audit Manager. A graduate of Santa Clara University, Mr. Polk received his Bachelor’s Degree in Accounting and is a Certified Public Accountant.

Synnex Management Efficiency

The company has Return on Asset of 0.0281 % which means that on every $100 spent on assets, it made $0.0281 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0778 %, implying that it generated $0.0778 on every 100 dollars invested. Synnex's management efficiency ratios could be used to measure how well Synnex manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to rise to 0.05 in 2024. Return On Capital Employed is likely to rise to 0.14 in 2024. At this time, Synnex's Asset Turnover is fairly stable compared to the past year.
The company has 4.08 B in debt with debt to equity (D/E) ratio of 0.53, which is OK given its current industry classification. Synnex has a current ratio of 1.23, demonstrating that it may have difficulties to pay its financial commitments when the payables are due. Debt can assist Synnex until it has trouble settling it off, either with new capital or with free cash flow. So, Synnex's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Synnex sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Synnex to invest in growth at high rates of return. When we think about Synnex's use of debt, we should always consider it together with cash and equity.

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TD SYNNEX Corporation provides business process services in the United States and internationally. TD SYNNEX Corporation was incorporated in 1980 and is headquartered in Fremont, California. Synnex Corp operates under Electronics Computer Distribution classification in the United States and is traded on New York Stock Exchange. It employs 22000 people. Synnex (SNX) is traded on New York Stock Exchange in USA. It is located in 44201 Nobel Drive, Fremont, CA, United States, 94538 and employs 23,000 people. Synnex is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification.

Management Performance

Synnex Leadership Team

Elected by the shareholders, the Synnex's board of directors comprises two types of representatives: Synnex inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Synnex. The board's role is to monitor Synnex's management team and ensure that shareholders' interests are well served. Synnex's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Synnex's outside directors are responsible for providing unbiased perspectives on the board's policies.
Merline Saintil, Independent Director
Laurie Hodrick, Independent Director
Gregory Quesnel, Independent Director
Thomas Wurster, Independent Director
John Henry, Senior Officer
Matthew Miau, Chairman Emeritus
Mike Vaishnav, SVP Corporate Finance & Treasurer
Fred Breidenbach, Independent Director
Kevin Murai, CEO and President Director and Chairman of Executive Committee
David Vetter, Chief Legal Officer
Hau Lee, Independent Director
FengChiang Miau, Chairman Emeritus
Christopher Caldwell, Executive Vice President, President of Concentrix Corporation
Andrea Zulberti, Independent Director
Simon Leung, Senior Vice President, General Counsel, Corporate Secretary
Feng Miau, Chairman, MiTAC Holdings Corporation, Synnex Technology International Corporate, UPC Technology Corporate & Lien Hwa Industrial Corporate
Liz Morali, Senior Relations
Duane Zitzner, Independent Director
Beth Simonetti, Executive Officer
Dwight Steffensen, Non-Executive Chairman and Member of Executive Committee
Marshall Witt, Chief Financial Officer
Peter Larocque, President of North American Technology Solutions
Richard Hume, President, Chief Executive Officer, Director
Dennis Polk, Executive Chairman of the Board, Head - Global Businesses, Integration Lead
Nayaki Nayyar, Independent Director
Matthew Nord, Director
Michael Urban, President - Worldwide Technology Solutions Distribution
Deirdre Skolfield, Director, Investor Relations
Ann Vezina, Lead Independent Director
Bonnie Smith, Chief Officer
Patrick Zammit, President Europe and APJ
Phyllis Proffer, Director
Robert Ramos, Vice Chairman of the Board
Mary Lai, IR Contact Officer

Synnex Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Synnex a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether Synnex offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Synnex'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 Synnex Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Synnex Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Synnex. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Synnex Stock please use our How to Invest in Synnex guide.
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When running Synnex's price analysis, check to measure Synnex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Synnex is operating at the current time. Most of Synnex's value examination focuses on studying past and present price action to predict the probability of Synnex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Synnex's price. Additionally, you may evaluate how the addition of Synnex to your portfolios can decrease your overall portfolio volatility.
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Is Synnex's industry 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 Synnex. If investors know Synnex 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 Synnex 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
0.104
Dividend Share
1.5
Earnings Share
6.88
Revenue Per Share
619.975
Quarterly Revenue Growth
(0.08)
The market value of Synnex is measured differently than its book value, which is the value of Synnex that is recorded on the company's balance sheet. Investors also form their own opinion of Synnex's value that differs from its market value or its book value, called intrinsic value, which is Synnex'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 Synnex's market value can be influenced by many factors that don't directly affect Synnex'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 Synnex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Synnex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Synnex'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.