Synaptics Incorporated (SYNA)

The analysis of Synaptics Incorporated’s number of days of payables over the specified period reveals notable fluctuations. As of June 30, 2021, the company maintained an average of approximately 48.91 days of payables, indicating that it took around 49 days to settle its trade payables. This period increased significantly to 64.97 days by June 30, 2022, reflecting a delayed payment strategy or possibly extended credit terms negotiated with suppliers during that year.

However, in the subsequent period ending June 30, 2023, the number of days of payables decreased sharply to 26.15 days, suggesting a reduction in the accounts payable cycle and potentially more prompt payments to suppliers or tighter credit terms. This trend reverted in the following years, with the payable period rising again to 61.47 days by June 30, 2024, implying a return to or an extension of credit terms or a strategic delay in payments. The figure remained relatively stable in the subsequent year, slightly decreasing to 60.54 days as of June 30, 2025.

Overall, the pattern demonstrates considerable variability in Synaptics’ payables management, with a notable mid-period contraction in payables days in 2023 that was subsequently followed by a return to extended payables periods in the latter years. These fluctuations could be driven by changes in credit policies, liquidity management strategies, or supplier negotiations.

Peer comparison

Jun 30, 2025