TD SYNNEX Corporation (SNX) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
44201 NOBEL DRIVE FREMONT, CA 94538 |
| State of Incorp. | DE |
| Fiscal Year End | November 30 |
| Industry (SIC) | 5045 - Computers and Computer Peripheral Equipment and Software (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 5/31/2024 MRQ | 11/30/2023 | 11/30/2022 | 11/30/2021 | 11/30/2020 | 11/30/2019 | 11/30/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 1,034 | 523 | 994 | 1,565 | 226 | 457 | |||
| Cash and cash equivalents | 1,034 | 523 | 994 | 1,565 | 226 | 455 | |||
| Short-term investments | 3 | ||||||||
| Restricted cash and investments | 0 | 1 | 4 | 6 | 7 | ||||
| Receivables | 10,298 | 9,421 | 8,310 | 3,871 | 3,927 | 3,855 | |||
| Inventory, net of allowances, customer advances and progress billings | 7,146 | 9,067 | 6,643 | 2,685 | 2,547 | 2,518 | |||
| Inventory | 7,146 | 9,067 | 6,643 | 2,685 | 2,547 | 2,518 | |||
| Other current assets | 642 | 672 | 668 | 363 | 385 | 262 | |||
| Other undisclosed current assets | 964 | 819 | 1,118 | 282 | 363 | 0 | |||
| Total current assets: | 20,084 | 20,501 | 17,734 | 8,769 | 7,453 | 7,100 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 450 | 421 | 483 | 609 | 570 | 571 | |||
| Intangible assets, net (including goodwill) | 8,148 | 8,227 | 8,830 | 3,245 | 3,417 | 3,581 | |||
| Goodwill | 3,904 | 3,804 | 3,917 | 2,260 | 2,254 | 2,203 | |||
| Intangible assets, net (excluding goodwill) | 4,244 | 4,423 | 4,913 | 985 | 1,162 | 1,377 | |||
| Restricted cash and investments | 0 | ||||||||
| Deferred income tax assets | 87 | ✕ | |||||||
| Other noncurrent assets | 730 | 585 | 618 | 758 | 161 | 152 | |||
| Other undisclosed noncurrent assets | 98 | 76 | |||||||
| Total noncurrent assets: | 9,328 | 9,233 | 9,932 | 4,699 | 4,245 | 4,381 | |||
| TOTAL ASSETS: | 29,413 | 29,734 | 27,666 | 13,469 | 11,698 | 11,480 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 15,755 | 16,161 | 14,052 | 5,471 | 4,308 | 4,038 | |||
| Taxes payable | ✕ | ✕ | ✕ | 67 | 32 | 41 | |||
| Employee-related liabilities | ✕ | ✕ | ✕ | 523 | 403 | 358 | |||
| Accounts payable | 13,347 | 13,989 | 12,035 | 3,892 | 3,149 | 3,025 | |||
| Accrued liabilities | 2,408 | 2,172 | 2,017 | 990 | 724 | 613 | |||
| Debt | 984 | 268 | 181 | 159 | 299 | 833 | |||
| Due to related parties | ✕ | ✕ | 23 | ||||||
| Total current liabilities: | 16,739 | 16,429 | 14,233 | 5,630 | 4,607 | 4,894 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 3,099 | 3,836 | 3,955 | 2,608 | 2,718 | 2,623 | |||
| Other undisclosed long-term debt and lease obligation | 3,099 | 3,836 | 3,602 | 2,181 | 2,718 | 2,623 | |||
| Liabilities, other than long-term debt | 1,392 | 1,444 | 1,572 | 892 | 584 | 531 | |||
| Deferred tax liabilities, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 206 | ||
| Deferred income tax liabilities | 893 | 942 | 1,016 | 159 | 222 | ✕ | |||
| Other liabilities | 499 | 502 | 556 | 732 | 362 | 325 | |||
| Operating lease, liability | 353 | 427 | ✕ | ||||||
| Total noncurrent liabilities: | 4,491 | 5,280 | 5,527 | 3,500 | 3,302 | 3,154 | |||
| Total liabilities: | 21,230 | 21,708 | 19,760 | 9,130 | 7,910 | 8,048 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 8,183 | 8,026 | 7,906 | 4,339 | 3,788 | 3,432 | |||
| Common stock | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Treasury stock, value | (950) | (337) | (201) | (191) | (173) | (150) | |||
| Additional paid in capital | 7,435 | 7,374 | 7,271 | 1,592 | 1,545 | 1,512 | |||
| Accumulated other comprehensive loss | (507) | (720) | (336) | (195) | (209) | (126) | |||
| Retained earnings | 2,205 | 1,708 | 1,172 | 3,133 | 2,625 | 2,196 | |||
| Other undisclosed equity, attributable to parent | (0) | ||||||||
| Other undisclosed equity | (0) | ||||||||
| Total equity: | 8,183 | 8,026 | 7,906 | 4,339 | 3,788 | 3,432 | |||
| TOTAL LIABILITIES AND EQUITY: | 29,413 | 29,734 | 27,666 | 13,469 | 11,698 | 11,480 | |||
Income Statement (P&L) ($ in millions)
| 5/31/2024 TTM | 11/30/2023 | 11/30/2022 | 11/30/2021 | 11/30/2020 | 11/30/2019 | 11/30/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 57,555 | 62,344 | 31,614 | 24,676 | 23,757 | 20,054 | ||
| Cost of revenue | (53,599) | (58,444) | (29,725) | (1,514) | ||||
| Cost of goods and services sold | (1,514) | |||||||
| Other undisclosed gross profit | (21,828) | (20,859) | (16,612) | |||||
| Gross profit: | 3,957 | 3,900 | 1,890 | 2,848 | 2,898 | 1,928 | ||
| Operating expenses | (2,879) | (2,849) | (1,266) | (2,018) | (2,084) | (1,377) | ||
| Other undisclosed operating income | 0 | 0 | ||||||
| Operating income: | 1,078 | 1,051 | 623 | 830 | 814 | 551 | ||
| Nonoperating income (expense) (Other Nonoperating Income (Expense)) | (0) | (1) | 1 | 1 | 30 | (9) | ||
| Interest and debt expense | (133) | (2) | 10 | |||||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (95) | |||||||
| Income from continuing operations before equity method investments, income taxes: | 1,078 | 1,050 | 624 | 698 | 843 | 457 | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (288) | (223) | (158) | 6 | (165) | |||
| Income from continuing operations before income taxes: | 790 | 827 | 466 | 704 | 678 | 457 | ||
| Income tax expense | (163) | (176) | (71) | (175) | (177) | (157) | ||
| Income from continuing operations: | 627 | 651 | 395 | 529 | 501 | 301 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 395 | 529 | 501 | 301 | |
| Net income attributable to parent: | 627 | 651 | 395 | 529 | 501 | 301 | ||
| Other undisclosed net loss available to common stockholders, basic | (5) | (4) | (4) | (6) | (5) | (3) | ||
| Net income available to common stockholders, basic: | 622 | 647 | 391 | 523 | 496 | 298 | ||
| Other undisclosed net income available to common stockholders, diluted | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Net income available to common stockholders, diluted: | 622 | 647 | 391 | 523 | 496 | 298 | ||
Comprehensive Income ($ in millions)
| 5/31/2024 TTM | 11/30/2023 | 11/30/2022 | 11/30/2021 | 11/30/2020 | 11/30/2019 | 11/30/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 627 | 651 | 395 | 529 | 501 | 301 | ||
| Other comprehensive income (loss) | 212 | (384) | (145) | 15 | (81) | (64) | ||
| Comprehensive income, net of tax, attributable to parent: | 839 | 268 | 250 | 544 | 420 | 236 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.