Formula Systems (1985) (FORTY) Change in Account Payables (2017 - 2018)

Formula Systems (1985) (FORTY) posted quarterly Change in Account Payables of $28.1 million for Q4 2018, up 91.48% year-on-year from $14.7 million in Q4 2017, and up 2343603.09% on a QoQ basis from $1199.0 in Q3 2018.

Formula Systems (1985) (FORTY) Change in Account Payables (2017 - 2018) Analysis & Trends

Formula Systems (1985) (FORTY) has reported Change in Account Payables for 2 consecutive years, with $28.1 million the latest figure, recorded in Q4 2018.

  • Quarterly Change in Account Payables rose 91.48% year-over-year to $28.1 million in Q4 2018, while the trailing twelve-month figure through Sep 2018 was $1199.0 (changed N/A YoY) and the FY2025 annual result came in at $47.8 million, up 7.04% from the prior year.
  • Change in Account Payables improved to $28.1 million in Q4 2018 per FORTY's latest filing, from $1199.0 in the prior quarter.
  • Over the last five years, Change in Account Payables for FORTY reached as high as $28.1 million in Q4 2018 and fell as low as $1199.0 in Q3 2018.
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Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Account Payables (Qtr)
1 International Business Machines 205.37 Bn 194.01 Bn 9.91 Bn -
2 Accenture 93.27 Bn 83.10 Bn 6.13 Bn 60.59 Mn
3 Cgi 60.63 Bn 59.98 Bn - -
4 GDS Holdings 48.23 Bn 46.09 Bn 164.04 Mn -
5 Infosys 46.91 Bn 46.91 Bn 1.60 Bn -
6 Cognizant Technology Solutions 22.36 Bn 20.84 Bn 1.78 Bn 25.00 Mn
7 Fidelity National Information Services 22.05 Bn 21.30 Bn 1.11 Bn -
8 Wipro 19.72 Bn 15.54 Bn 738.00 Mn -
9 Cdw 17.77 Bn 17.19 Bn 1.19 Bn 341.30 Mn
10 Formula Systems (1985) 1.63 Bn 883.74 Mn 146.04 Bn -

Historic Data

Download Data
DateValue
Dec 31, 2018 28.10 Mn
Dec 31, 2018 28.10 Mn
Sep 30, 2018 1,199.00
Sep 30, 2018 1,199.00
Dec 31, 2017 14.68 Mn
Dec 31, 2017 14.68 Mn