Synnex (SNX) stock price, revenue, and financials

Synnex market cap is $6.6 b, and annual revenue was $20.05 b in FY 2018

$6.6 B

SNX Mkt cap, 12-Dec-2019

$6.2 B

Synnex Revenue Q3, 2019
Synnex Net income (Q3, 2019)123.1 M
Synnex EBIT (Q3, 2019)208.9 M
Synnex Cash, 31-Aug-2019262.3 M
Synnex EV9.1 B

Synnex Revenue

Synnex revenue was $20.05 b in FY, 2018

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Synnex Revenue Breakdown

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Synnex revenue breakdown by business segment: 11.7% from Concentrix and 88.3% from Technology Solutions

Synnex revenue breakdown by geographic segment: 16.8% from Others, 73.3% from United States and 9.9% from Canada

Synnex Income Statement

Annual

USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

13.8b13.3b14.1b17.0b20.1b

Revenue growth, %

28%(4%)5%21%

Cost of goods sold

12.7b12.1b12.8b15.5b1.5b

Gross profit

1.1b1.2b1.3b1.6b18.5b

Gross profit Margin, %

8%9%9%9%92%

General and administrative expense

837.2m903.4m1.0b

Operating expense total

837.2m903.4m1.0b1.4b

EBIT

3.1b354.6m379.6m509.0m551.0m

EBIT margin, %

22%3%3%3%3%

Interest expense

26.3m29.0m45.4m84.7m

Pre tax profit

284.3m327.2m356.1m464.7m457.4m

Income tax expense

(104.1m)118.6m121.1m163.6m156.8m

Net Income

180.2m208.6m235.0m301.2m300.6m

Quarterly

USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

2.7b3.0b3.5b3.5b3.2b3.3b3.3b3.1b3.4b3.7b3.5b3.9b4.3b4.6b9.5b4.9b5.2b5.7b6.2b

Cost of goods sold

2.6b2.8b3.2b3.2b2.9b3.0b3.0b3.8b

Gross profit

164.3m206.6m279.0m299.7m288.2m300.1m290.8m728.3m

Gross profit Margin, %

6%7%8%8%9%9%9%16%

General and administrative expense

100.8m144.7m210.9m220.9m209.3m210.7m209.5m208.6m218.7m227.9m240.0m247.1m252.7m607.2m

Operating expense total

100.8m144.7m210.9m220.9m209.3m210.7m209.5m208.6m218.7m227.9m240.0m247.1m252.7m302.0m607.2m316.3m517.0m523.8m517.1m

EBIT

75.6m75.3m98.0m101.8m125.1m122.2m111.9m235.9m116.9m162.0m174.7m208.9m

EBIT margin, %

2%2%3%3%3%3%2%2%2%3%3%3%

Interest expense

17.5m20.1m41.6m43.1m42.9m

Pre tax profit

73.4m69.7m90.1m93.3m116.0m114.3m93.3m199.4m96.0m119.7m153.1m164.8m

Income tax expense

(26.0m)(22.0m)(22.1m)(25.6m)(26.3m)(30.1m)(26.2m)(26.8m)(25.4m)(31.4m)(31.5m)(42.8m)(39.2m)68.9m(81.3m)26.7m32.6m38.6m41.7m

Net Income

46.6m38.5m39.6m45.0m46.3m51.9m48.2m46.6m44.4m58.7m61.8m73.1m75.2m24.4m118.1m69.3m87.1m114.5m123.1m

Synnex Balance Sheet

Annual

USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

67.6m163.7m151.6m180.1m336.1m380.7m550.7m454.7m

Accounts Receivable

1.1b1.4b1.6b2.1b1.8b1.8b2.8b3.9b

Prepaid Expenses

57.2m52.7m261.5m

Inventories

975.0m923.3m1.1b1.4b1.3b1.7b2.2b2.5b

Current Assets

2.4b2.6b2.9b3.9b3.6b4.0b5.7b7.1b

PP&E

125.2m122.9m133.2m200.8m248.6m312.7m346.6m571.3m

Goodwill

185.3m189.1m188.5m314.2m298.8m486.2m872.6m2.2b

Total Assets

2.8b3.0b3.3b4.7b4.4b5.2b7.7b11.5b

Accounts Payable

1.0b1.1b1.4b1.6b1.4b1.7b2.6b3.0b

Short-term debt

159.2m194.1m362.9m805.5m833.2m

Current Liabilities

1.4b1.5b1.8b2.7b1.9b2.5b4.0b4.9b

Long-term debt

223.8m81.2m65.4m264.2m638.8m601.1m1.1b2.6b

Total Debt

383.0m275.3m65.4m264.2m638.8m964.0m1.9b2.6b

Total Liabilities

1.7b1.6b3.2b5.4b8.0b

Common Stock

37.0k37.0k41.0k41.0k53.0k

Preferred Stock

Additional Paid-in Capital

310.3m324.3m286.3m384.6m411.7m440.7m467.9m1.5b

Retained Earnings

829.5m980.9m1.1b1.3b1.5b1.7b2.0b2.2b

Total Equity

1.2b1.3b1.4b1.7b1.8b2.0b2.3b3.4b

Debt to Equity Ratio

0 x0.2 x0.4 x0.5 x0.9 x0.8 x

Debt to Assets Ratio

0 x0.1 x0.1 x0.2 x0.3 x0.2 x

Financial Leverage

2.4 x2.2 x2.4 x2.8 x2.5 x2.6 x3.4 x3.3 x

Quarterly

USDQ3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

86.3m68.8m97.2m173.0m232.1m216.4m139.4m148.4m204.6m127.7m169.8m215.5m308.1m447.6m589.0m223.3m210.1m305.6m243.3m372.3m354.2m204.0m243.6m271.5m262.3m

Accounts Receivable

1.0b1.2b1.1b1.2b1.2b1.2b1.3b1.6b1.8b1.9b1.6b1.7b1.6b1.5b1.5b1.7b1.7b1.8b1.9b2.6b2.7b3.0b3.2b3.5b3.5b

Prepaid Expenses

51.1m56.5m49.6m58.1m59.6m66.4m197.3m199.9m317.5m327.7m361.8m

Inventories

955.7m953.0m875.2m901.0m916.2m946.7m1.0b1.2b1.4b1.4b1.3b1.2b1.3b1.3b1.4b1.6b1.9b2.1b2.2b2.3b2.1b2.0b2.4b2.6b2.8b

Current Assets

2.3b2.3b2.2b2.3b2.4b2.5b2.6b3.1b3.6b3.6b3.3b3.3b3.4b3.4b3.6b3.6b3.9b4.3b4.5b5.5b5.4b5.4b6.4b7.0b7.2b

PP&E

116.2m125.8m123.7m124.4m120.4m120.7m124.1m168.5m187.5m197.2m212.9m222.5m236.2m263.7m277.7m315.2m315.3m321.0m329.9m346.7m344.3m343.5m568.5m564.3m552.9m

Goodwill

176.5m184.5m181.3m184.0m184.5m189.0m188.1m376.4m376.5m373.9m315.8m312.9m306.8m294.8m298.9m519.7m488.9m485.6m536.3m871.1m861.5m853.9m2.2b2.2b2.2b

Total Assets

2.7b2.7b2.6b2.7b2.8b2.9b3.0b3.9b4.5b4.5b4.1b4.1b4.2b4.2b4.4b4.8b5.1b5.5b5.7b7.5b7.3b7.3b10.8b11.3b11.4b

Accounts Payable

843.1m928.3m800.9m908.8m947.0m968.8m1.1b1.3b1.5b1.4b1.1b1.2b1.3b1.2b1.4b1.5b1.5b1.7b1.8b2.4b2.3b2.2b2.2b2.8b2.9b

Short-term debt

228.6m80.1m205.4m215.2m225.1m229.6m694.6m732.3m701.1m729.0m571.7m

Current Liabilities

1.2b1.2b1.2b1.3b1.3b1.4b1.5b2.0b2.5b2.5b2.1b1.7b1.7b1.6b1.8b2.1b2.3b2.7b2.8b3.7b3.6b3.6b3.9b4.5b4.6b

Long-term debt

134.9m220.8m85.3m85.3m72.6m67.2m68.2m281.8m278.9m274.6m260.3m654.6m647.6m635.3m624.5m620.5m590.4m579.0m564.1m1.1b1.1b1.1b2.8b2.8b2.8b

Total Debt

363.5m300.9m290.7m300.6m297.7m296.7m68.2m281.8m278.9m274.6m260.3m654.6m647.6m635.3m624.5m620.5m590.4m579.0m564.1m1.1b1.1b1.1b2.8b2.8b2.8b

Total Liabilities

1.5b1.5b1.3b1.4b1.5b1.5b1.6b2.4b2.9b2.9b2.4b2.4b2.5b2.4b2.6b2.9b3.1b3.4b3.5b5.1b5.0b4.9b7.3b7.7b7.8b

Common Stock

36.0k37.0k37.0k37.0k37.0k37.0k41.0k41.0k53.0k53.0k53.0k

Preferred Stock

Additional Paid-in Capital

299.1m320.6m323.0m325.8m328.4m312.6m279.2m364.3m370.5m376.6m391.4m398.4m404.8m419.5m427.2m432.9m447.4m452.8m458.9m474.7m481.6m488.5m1.5b1.5b1.5b

Retained Earnings

779.4m867.7m902.1m937.3m1.0b1.0b1.1b1.2b1.2b1.3b1.3b1.4b1.4b1.5b1.6b1.6b1.7b1.8b1.9b2.0b2.0b2.1b2.3b2.4b2.5b

Total Equity

1.1b1.2b1.2b1.3b1.3b1.4b1.4b1.5b1.6b1.6b1.7b1.7b1.7b1.8b1.9b1.9b2.0b2.1b2.2b2.3b2.3b2.3b3.5b3.5b3.6b

Debt to Equity Ratio

0.3 x0 x0.2 x0.2 x0.2 x0.2 x0.4 x0.4 x0.3 x0.3 x0.3 x0.3 x0.3 x0.3 x0.5 x0.5 x0.5 x0.8 x0.8 x0.8 x

Debt to Assets Ratio

0.1 x0 x0.1 x0.1 x0.1 x0.1 x0.2 x0.2 x0.2 x0.1 x0.1 x0.1 x0.1 x0.1 x0.2 x0.2 x0.2 x0.3 x0.2 x0.2 x

Financial Leverage

2.4 x2.2 x2.1 x2.1 x2.1 x2.1 x2.2 x2.6 x2.8 x2.8 x2.4 x2.4 x2.4 x2.3 x2.4 x2.5 x2.5 x2.6 x2.6 x3.2 x3.2 x3.1 x3.1 x3.2 x3.2 x

Synnex Cash Flow

Annual

USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

150.3m151.4m152.3m180.2m208.6m235.0m301.2m300.6m

Depreciation and Amortization

24.7m24.6m103.5m121.3m159.9m225.3m

Accounts Receivable

38.9m(113.0m)(187.5m)(527.9m)291.2m95.0m(478.3m)(513.0m)

Inventories

28.2m49.5m(155.2m)(330.2m)40.1m(410.2m)(243.3m)(367.9m)

Accounts Payable

(50.0m)106.9m186.2m205.1m(23.5m)265.6m342.0m382.0m

Cash From Operating Activities

219.2m242.8m35.7m(234.8m)641.3m324.7m176.8m100.7m

Purchases of PP&E

(40.2m)(14.5m)(29.0m)(57.4m)(100.1m)(123.2m)(97.5m)(125.3m)

Cash From Investing Activities

(126.4m)(9.6m)(43.8m)(441.7m)(59.4m)(531.9m)(654.3m)(1.2b)

Short-term Borrowings

(4.3b)(1.5b)

Long-term Borrowings

(121.4m)(2.9m)(3.1b)(3.3b)(8.4b)

Dividends Paid

(4.9m)(22.6m)(33.7m)(41.8m)(59.7m)

Cash From Financing Activities

(114.4m)(137.5m)(8.4m)701.9m(355.1m)180.2m638.7m1.0b

Net Change in Cash

(20.5m)96.1m210.2m(37.5m)169.6m(94.7m)

Interest Paid

15.8m14.7m8.4m15.4m19.4m21.9m36.8m88.6m

Income Taxes Paid

66.4m70.9m88.3m87.2m141.0m102.0m136.8m144.7m

Quarterly

USDQ3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

100.2m38.2m72.6m107.7m33.4m64.1m110.8m38.5m78.0m123.0m46.3m98.2m146.4m46.6m91.0m149.7m61.8m134.9m210.1m24.4m118.1m187.4m87.1m201.6m324.7m

Depreciation and Amortization

12.0m4.0m8.2m12.4m4.3m8.3m12.3m5.7m14.9m25.2m11.2m22.3m35.3m14.5m31.2m46.5m35.9m71.4m108.3m48.6m97.5m146.2m94.4m189.8m281.4m

Accounts Receivable

175.3m113.9m174.0m124.7m176.3m194.4m108.6m52.0m(200.1m)(246.1m)478.8m369.5m481.2m279.4m263.9m236.4m(153.5m)487.9m176.4m148.1m

Inventories

55.7m22.2m96.8m78.2m(9.0m)(1.0m)(67.0m)(136.9m)(332.1m)(355.8m)76.6m133.4m47.4m59.4m(39.0m)(224.8m)(109.1m)(368.2m)(484.6m)(154.7m)30.5m115.2m(32.9m)(214.3m)(390.0m)

Accounts Payable

(250.4m)(95.3m)(218.3m)(102.8m)(146.8m)(147.3m)(52.2m)(30.7m)111.1m21.8m(365.9m)(256.1m)(207.0m)(240.6m)(64.6m)(200.1m)(387.5m)(875.8m)(290.3m)(119.6m)

Cash From Operating Activities

116.0m74.2m122.4m218.6m40.9m91.5m118.1m(35.0m)(199.7m)(246.6m)208.2m335.6m557.4m143.7m284.9m275.3m(185.6m)(145.6m)(80.2m)(5.7m)62.7m(40.4m)(158.3m)(47.4m)202.5m

Purchases of PP&E

(21.3m)(4.6m)(7.3m)(11.5m)(3.0m)(8.1m)(15.3m)(4.3m)(20.3m)(40.2m)(22.4m)(45.3m)(71.5m)(35.9m)(67.5m)(95.2m)(21.6m)(45.3m)(72.1m)(22.4m)(50.0m)(75.5m)(28.8m)(60.4m)(93.4m)

Cash From Investing Activities

(74.3m)7.1m10.2m(3.5m)899.0k(24.2m)(32.8m)(388.7m)(402.3m)(440.4m)6.9m28.7m(63.9m)18.7m18.2m(412.2m)(22.1m)(40.1m)(124.2m)(27.9m)(50.5m)(74.4m)(29.5m)(65.9m)(102.3m)

Short-term Borrowings

(3.4b)(818.0m)(1.2b)(1.4b)(102.0m)(266.8m)

Long-term Borrowings

(119.1m)(749.0k)(1.5m)(2.2m)(690.0k)(941.0k)

Dividends Paid

(4.9m)(9.8m)(14.8m)(8.0m)(15.9m)(23.8m)(9.9m)(19.9m)(29.9m)(14.0m)(27.9m)(41.8m)(19.2m)(38.4m)(57.5m)

Cash From Financing Activities

(43.0m)(79.6m)(104.8m)(108.1m)24.2m(19.6m)(114.8m)418.6m656.2m665.8m(219.6m)(326.7m)(348.2m)(51.1m)(47.7m)23.0m32.4m101.6m55.1m(146.4m)(206.2m)(223.1m)(27.1m)(69.8m)(298.4m)

Net Change in Cash

(1.8m)1.2m29.6m105.4m68.4m52.7m(178.5m)(345.7m)(212.5m)(185.4m)(194.6m)

Synnex Ratios

USDY, 2019

EV/EBIT

43.5 x

EV/CFO

44.9 x

Debt/Equity

0.8 x

Debt/Assets

0.2 x

Financial Leverage

3.2 x

Synnex Operating Metrics

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

Distribution Centers

40 40 40

Products

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

Resellers

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

Synnex Employee Rating

2.9269 votes
Culture & Values
2.8
Work/Life Balance
2.9
Senior Management
2.9
Salary & Benefits
2.4
Career Opportunities
2.5
Source