Synnex Corporation, a business process services company, provides services in distribution, contract assembly, and global business services. The company operates in two segments, Distribution Services and Global Business Services (GBS). The Distribution Services segment distributes computer systems, peripherals, system components, software, networking equipment, and complementary products to various customers, such as value-added resellers, system integrators, and retailers, as well as provides assembly services to original equipment manufacturers (OEMs), including integrated supply chain management, build-to-order and configure-to-order system configurations, materials management, and logistics.

The GBS segment offers various services comprising customer management, software development, web hosting, hosted software, domain name registration, and back office processing. This segment delivers its services through voice, chat, Web, email, and digital print. It also sells products complementary to these service offerings in China. In addition, Synnex Corporation offers various financial services, including net terms, third party leasing and floor plan financing, letters of credit, and arrangements to collect payments directly from the end-user; online services; and marketing services, as well as technical support services consisting of pre and post-sales support.

Company Growth (employees)
Fremont, US
Size (employees)
111,000 (est)+3%
Synnex was founded in 1980 and is headquartered in Fremont, US

Key People/Management at Synnex

Kevin Murai

Kevin Murai

President and Chief Executive Officer
Marshall Witt

Marshall Witt

Chief Financial Officer
Dennis Polk

Dennis Polk

Chief Operating Officer
Christopher Caldwell

Christopher Caldwell

Executive Vice President; President, Concentrix Corporation
Peter Larocque

Peter Larocque

President, North American Technology Solutions
Simon Leung

Simon Leung

Senior Vice President; General Counsel; Corporate Secretary

Synnex Office Locations

Synnex has offices in Fremont, Monroe Township, Chantilly, Grove City and in 6 other locations
Fremont, US (HQ)
44201 Nobel Dr
Beaverton, US
6505 SW 110th Ave
Carson, US
21950 Arnold Center Rd
Chino, US
15065 Flight Ave
Fremont, US
5553 Auto Mall Pkwy
Monroe Township, US
Docks Corner Rd
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Synnex Financials and Metrics

Synnex Financials

Synnex's revenue was reported to be $14.1 b in FY, 2016

Revenue (Q3, 2017)

4.3 b

Net income (Q3, 2017)

75.2 m

EBIT (Q3, 2017)

122.2 m

Market capitalization (22-Dec-2017)

5.4 b

Cash (31-Aug-2017)

243.3 m


5.8 b
Synnex's current market capitalization is $5.4 b.
USDFY, 2014FY, 2015FY, 2016


13.8 b13.3 b14.1 b

Revenue growth, %


Cost of goods sold

12.7 b12.1 m12.8 m

Gross profit

1.1 b13.3 b14 b
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017


2.7 b3 b3.5 b3.5 b3.2 b3.3 b3.3 b3.1 b3.4 b3.7 b3.5 b3.9 b4.3 b

Cost of goods sold

2.6 b2.8 b3.2 b3.2 b2.9 b3 b3 b

Gross profit

164.3 m206.6 m279 m299.7 m288.2 m300.1 m290.8 m

Gross profit Margin, %

USDFY, 2013FY, 2014FY, 2015FY, 2016


151.6 m180.1 m336.1 m380.7 m

Accounts Receivable

1.6 b2.1 b1.8 b1.8 b


1.1 b1.4 b1.3 b1.7 b

Current Assets

2.9 b3.9 b3.6 b4 b
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017


139.4 m148.4 m204.6 m127.7 m169.8 m215.5 m308.1 m447.6 m589 m223.3 m210.1 m305.6 m243.3 m

Accounts Receivable

1.3 b1.6 b1.8 b1.9 b1.6 b1.7 b1.6 b1.5 b1.5 b1.7 b1.7 b1.8 b1.9 b


1 b1.2 b1.4 b1.4 b1.3 b1.2 b1.3 b1.3 b1.4 b1.6 b1.9 b2.1 b2.2 b

Current Assets

2.6 b3.1 b3.6 b3.6 b3.3 b3.3 b3.4 b3.4 b3.6 b3.6 b3.9 b4.3 b4.5 b
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

152.3 m180.2 m208.6 m235 m

Depreciation and Amortization

121.3 m

Accounts Receivable

(187.5 m)(527.9 m)292.9 m


(155.2 m)(330.2 m)40.1 m(410.2 m)
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

110.8 m38.5 m78 m123 m46.3 m98.2 m146.4 m46.6 m91 m149.7 m61.8 m134.9 m210.1 m

Depreciation and Amortization

12.3 m5.7 m14.9 m25.2 m11.2 m22.3 m35.3 m14.5 m31.2 m46.5 m35.9 m71.4 m108.3 m

Accounts Receivable

108.6 m52 m(200.1 m)(246.1 m)478.8 m369.5 m481.2 m279.4 m263.9 m


(67 m)(136.9 m)(332.1 m)(355.8 m)76.6 m133.4 m47.4 m59.4 m(39 m)(224.8 m)(109.1 m)(368.2 m)(484.7 m)
Y, 2017


47.1 x


-71.7 x

Financial Leverage

2.6 x
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Synnex Operating Metrics

FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017


30 k30 k30 k30 k30 k30 k30 k30 k30 k30 k30 k


20 k20 k20 k20 k20 k20 k20 k20 k20 k20 k20 k

Distribution Centers

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Synnex Market Value History

Synnex Revenue Breakdown

Synnex Median Salaries

Source: 32 public H-1B filings from Synnex

Synnex's Web-traffic and Trends

Synnex Online and Social Media Presence

Synnex Company Life and Culture

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