Synnex Net Receivables vs Short Term Investments Analysis

SNX Stock

USD 117.44 0.06 0.05%

Synnex financial indicator trend analysis is much more than just breaking down Synnex prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Synnex is a good investment. Please check the relationship between Synnex Net Receivables and its Short Term Investments accounts. 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.

Net Receivables vs Short Term Investments

Net Receivables vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Synnex Net Receivables account and Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Synnex's Net Receivables and Short Term Investments is 0.44. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Synnex, assuming nothing else is changed. The correlation between historical values of Synnex's Net Receivables and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Synnex are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Net Receivables i.e., Synnex's Net Receivables and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.44

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Net Receivables

Short Term Investments

Short Term Investments is an item under the current assets section of Synnex balance sheet. It contains any investments Synnex undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Synnex can easily liquidate in the marketplace.

Most indicators from Synnex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Synnex current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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.Selling General Administrative is likely to rise to about 3.2 B in 2024, whereas Tax Provision is likely to drop slightly above 161.5 M in 2024.

	2021	2022	2023	2024 (projected)
Total Revenue	62.3B	57.6B	66.2B	69.5B
Interest Expense	222.6M	288.3M	331.6M	348.1M

Total Revenue Interest Expense

Synnex fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Net Debt	Cash	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Liab	Total Current Liabilities	Retained Earnings	Accounts Payable	Long Term Debt	Short Term Investments	Inventory	Other Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue
Total Assets		0.94	1.0	0.88	0.78	0.15	0.78	0.96	0.95	0.98	1.0	1.0	0.99	0.99	0.51	0.99	0.92	0.47	0.99	0.98	0.97	0.99	0.63	0.95	0.71	0.65
Short Long Term Debt Total	0.94		0.94	0.97	0.69	0.06	0.69	0.87	0.96	0.9	0.94	0.93	0.96	0.92	0.59	0.9	0.95	0.36	0.91	0.96	0.92	0.9	0.77	0.91	0.89	0.73
Total Stockholder Equity	1.0	0.94		0.87	0.8	0.12	0.79	0.96	0.95	0.98	1.0	1.0	0.99	0.99	0.54	0.98	0.92	0.5	0.98	0.98	0.97	0.98	0.66	0.96	0.72	0.66
Net Debt	0.88	0.97	0.87		0.51	0.07	0.51	0.81	0.89	0.85	0.88	0.87	0.9	0.86	0.49	0.85	0.9	0.3	0.87	0.93	0.89	0.84	0.69	0.82	0.92	0.66
Cash	0.78	0.69	0.8	0.51		0.01	1.0	0.71	0.78	0.7	0.77	0.77	0.77	0.75	0.7	0.73	0.75	0.39	0.7	0.68	0.66	0.73	0.71	0.83	0.45	0.67
Other Assets	0.15	0.06	0.12	0.07	0.01		0.0	-0.01	0.13	0.28	0.16	0.12	0.1	0.16	-0.58	0.2	0.1	-0.07	0.15	0.17	0.29	0.26	-0.26	0.23	-0.12	-0.1
Cash And Short Term Investments	0.78	0.69	0.79	0.51	1.0	0.0		0.71	0.78	0.7	0.77	0.77	0.77	0.75	0.7	0.73	0.75	0.4	0.7	0.67	0.66	0.73	0.71	0.83	0.44	0.67
Common Stock Shares Outstanding	0.96	0.87	0.96	0.81	0.71	-0.01	0.71		0.85	0.94	0.96	0.97	0.96	0.97	0.53	0.97	0.81	0.46	0.96	0.93	0.91	0.95	0.53	0.84	0.63	0.58
Non Current Liabilities Total	0.95	0.96	0.95	0.89	0.78	0.13	0.78	0.85		0.91	0.95	0.93	0.94	0.91	0.6	0.9	1.0	0.5	0.92	0.94	0.91	0.91	0.8	0.98	0.78	0.74
Other Stockholder Equity	0.98	0.9	0.98	0.85	0.7	0.28	0.7	0.94	0.91		0.98	0.98	0.97	0.99	0.35	0.99	0.87	0.47	0.98	0.97	0.99	0.99	0.51	0.93	0.64	0.55
Total Liab	1.0	0.94	1.0	0.88	0.77	0.16	0.77	0.96	0.95	0.98		1.0	0.99	1.0	0.5	0.99	0.92	0.47	0.99	0.98	0.98	0.99	0.62	0.95	0.71	0.64
Total Current Assets	1.0	0.93	1.0	0.87	0.77	0.12	0.77	0.97	0.93	0.98	1.0		0.99	1.0	0.51	0.99	0.9	0.47	0.99	0.98	0.97	0.98	0.61	0.93	0.69	0.64
Other Current Liab	0.99	0.96	0.99	0.9	0.77	0.1	0.77	0.96	0.94	0.97	0.99	0.99		0.99	0.55	0.98	0.92	0.44	0.97	0.98	0.96	0.98	0.66	0.94	0.75	0.67
Total Current Liabilities	0.99	0.92	0.99	0.86	0.75	0.16	0.75	0.97	0.91	0.99	1.0	1.0	0.99		0.46	1.0	0.87	0.45	0.99	0.97	0.98	0.99	0.56	0.92	0.67	0.6
Retained Earnings	0.51	0.59	0.54	0.49	0.7	-0.58	0.7	0.53	0.6	0.35	0.5	0.51	0.55	0.46		0.41	0.62	0.3	0.44	0.46	0.33	0.4	0.87	0.52	0.61	0.73
Accounts Payable	0.99	0.9	0.98	0.85	0.73	0.2	0.73	0.97	0.9	0.99	0.99	0.99	0.98	1.0	0.41		0.86	0.46	0.99	0.97	0.98	0.99	0.52	0.92	0.65	0.58
Long Term Debt	0.92	0.95	0.92	0.9	0.75	0.1	0.75	0.81	1.0	0.87	0.92	0.9	0.92	0.87	0.62	0.86		0.48	0.89	0.91	0.88	0.87	0.84	0.96	0.81	0.76
Short Term Investments	0.47	0.36	0.5	0.3	0.39	-0.07	0.4	0.46	0.5	0.47	0.47	0.47	0.44	0.45	0.3	0.46	0.48		0.47	0.46	0.42	0.43	0.33	0.54	0.17	0.1
Inventory	0.99	0.91	0.98	0.87	0.7	0.15	0.7	0.96	0.92	0.98	0.99	0.99	0.97	0.99	0.44	0.99	0.89	0.47		0.97	0.97	0.97	0.56	0.91	0.68	0.61
Other Current Assets	0.98	0.96	0.98	0.93	0.68	0.17	0.67	0.93	0.94	0.97	0.98	0.98	0.98	0.97	0.46	0.97	0.91	0.46	0.97		0.98	0.97	0.62	0.93	0.77	0.62
Intangible Assets	0.97	0.92	0.97	0.89	0.66	0.29	0.66	0.91	0.91	0.99	0.98	0.97	0.96	0.98	0.33	0.98	0.88	0.42	0.97	0.98		0.98	0.52	0.92	0.71	0.57
Common Stock	0.99	0.9	0.98	0.84	0.73	0.26	0.73	0.95	0.91	0.99	0.99	0.98	0.98	0.99	0.4	0.99	0.87	0.43	0.97	0.97	0.98		0.53	0.93	0.65	0.57
Property Plant Equipment	0.63	0.77	0.66	0.69	0.71	-0.26	0.71	0.53	0.8	0.51	0.62	0.61	0.66	0.56	0.87	0.52	0.84	0.33	0.56	0.62	0.52	0.53		0.73	0.79	0.83
Other Liab	0.95	0.91	0.96	0.82	0.83	0.23	0.83	0.84	0.98	0.93	0.95	0.93	0.94	0.92	0.52	0.92	0.96	0.54	0.91	0.93	0.92	0.93	0.73		0.69	0.67
Property Plant And Equipment Net	0.71	0.89	0.72	0.92	0.45	-0.12	0.44	0.63	0.78	0.64	0.71	0.69	0.75	0.67	0.61	0.65	0.81	0.17	0.68	0.77	0.71	0.65	0.79	0.69		0.77
Current Deferred Revenue	0.65	0.73	0.66	0.66	0.67	-0.1	0.67	0.58	0.74	0.55	0.64	0.64	0.67	0.6	0.73	0.58	0.76	0.1	0.61	0.62	0.57	0.57	0.83	0.67	0.77

Click cells to compare fundamentals

Synnex Account Relationship Matchups

Synnex fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	13.5B	27.7B	29.7B	29.4B	33.8B	35.5B
Short Long Term Debt Total	1.6B	4.1B	4.1B	4.1B	4.7B	4.9B
Total Stockholder Equity	4.3B	7.9B	8.0B	8.2B	9.4B	9.9B
Net Debt	209.6M	3.1B	3.6B	3.0B	3.5B	3.7B
Cash	1.4B	994.0M	522.6M	1.0B	1.2B	1.2B
Cash And Short Term Investments	1.4B	994.0M	522.6M	1.0B	1.2B	1.2B
Common Stock Shares Outstanding	51.2M	62.7M	95.5M	92.9M	106.8M	112.1M
Liabilities And Stockholders Equity	13.5B	27.7B	29.7B	29.4B	33.8B	35.5B
Non Current Liabilities Total	3.5B	5.5B	5.3B	4.5B	5.2B	5.4B
Other Stockholder Equity	1.4B	7.1B	7.0B	6.5B	7.5B	7.8B
Total Liab	9.1B	19.8B	21.7B	21.2B	24.4B	25.6B
Total Current Assets	8.8B	17.7B	20.5B	20.1B	23.1B	24.3B
Other Current Liab	985.8M	2.0B	2.2B	2.4B	2.8B	2.9B
Total Current Liabilities	5.6B	14.2B	16.4B	16.7B	19.2B	20.2B
Retained Earnings	3.1B	1.2B	1.7B	2.2B	2.5B	2.7B
Accounts Payable	3.8B	12.0B	14.0B	13.3B	15.3B	16.1B
Long Term Debt	2.6B	4.0B	3.8B	3.1B	3.6B	3.7B
Inventory	2.7B	6.6B	9.1B	7.1B	8.2B	8.6B
Other Current Assets	173.9M	668.3M	671.5M	642.2M	738.6M	775.5M
Intangible Assets	186.0M	4.9B	4.4B	4.2B	4.9B	5.1B
Common Stock	53K	54K	98K	99K	113.9K	119.5K
Property Plant Equipment	569.9M	609.3M	483.4M	421.1M	484.2M	508.4M
Other Liab	584.1M	891.6M	1.6B	1.1B	1.3B	1.3B
Property Plant And Equipment Net	157.6M	483.4M	421.1M	450.0M	517.5M	543.4M
Non Current Assets Total	4.7B	9.9B	9.2B	9.3B	10.7B	11.3B
Non Currrent Assets Other	3.9B	618.4M	585.3M	729.9M	839.4M	881.3M
Net Receivables	3.1B	9.4B	10.2B	11.3B	13.0B	13.6B
Property Plant And Equipment Gross	609.3M	708.5M	727.7M	859.5M	988.4M	1.0B
Accumulated Other Comprehensive Income	(194.6M)	(336.2M)	(719.7M)	(507.2M)	(456.5M)	(433.7M)
Short Term Debt	125.0M	181.3M	268.1M	983.6M	1.1B	1.2B
Good Will	423.9M	3.9B	3.8B	3.9B	4.5B	4.7B
Net Tangible Assets	371.8M	1.1B	(924.4M)	(201.2M)	(181.1M)	(172.0M)
Retained Earnings Total Equity	2.6B	3.1B	1.2B	1.7B	2.0B	1.9B
Long Term Debt Total	2.7B	2.6B	4.0B	3.8B	4.4B	4.6B

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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:

How To Invest In Synnex

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Is Synnex Stock a good investment?

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What is Synnex's Net Worth?

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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.

You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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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.

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Synnex Net Receivables vs Short Term Investments Analysis

Net Receivables vs Short Term Investments

Net Receivables vs Short Term Investments Correlation Analysis

Correlation Coefficient

Net Receivables

Short Term Investments

Synnex fundamental ratios Correlations

Synnex Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Synnex fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash

Retained Earnings	- 0.58	Other Assets
Property Plant Equipment	- 0.26	Other Assets
Property Plant And Equipment Net	- 0.12	Other Assets
Current Deferred Revenue	- 0.1	Other Assets
Short Term Investments	- 0.07	Other Assets
Common Stock Shares Outstanding	- 0.01	Other Assets