Formula Systems (1985) (FORTY) Change in Account Payables (2017 - 2018)
Formula Systems (1985)'s Change in Account Payables was $47.81 million in FY2025, up 7.0% from $44.66 million in FY2024.
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Analysis
Formula Systems (1985) (FORTY) Change in Account Payables (2017 - 2018) Analysis & Trends
From FY2009 onward, Formula Systems (1985) has reported Change in Account Payables for 17 years.
- Change in Account Payables shows a five-year compound annual growth rate of 6.5% (FY2020 to FY2025).
- The FY2025 figure marks the highest annual Change in Account Payables in data going back to FY2009.
- Per Business Quant data, Change in Account Payables in earlier years was $44.66 million in FY2024, -$25.12 million in FY2023, $22.29 million in FY2022 (+207.3%) and $7.26 million in FY2021 (-79.2%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 50.59 Bn | 37.09 Bn | 1.60 Bn | -39.00 Mn |
| 2 | Cognizant Technology Solutions | 32.87 Bn | 26.04 Bn | 1.83 Bn | 4.00 Mn |
| 3 | Wipro | 22.10 Bn | 17.25 Bn | 745.00 Mn | - |
| 4 | Cdw | 20.94 Bn | 18.92 Bn | 1.32 Bn | 554.90 Mn |
| 5 | Td Synnex | 19.62 Bn | 13.78 Bn | 1.43 Bn | 1.31 Bn |
| 6 | Cgi | 18.25 Bn | 16.05 Bn | - | - |
| 7 | Arrow Electronics | 10.72 Bn | 9.67 Bn | 1.13 Bn | 2.36 Bn |
| 8 | Avnet | 7.23 Bn | 6.41 Bn | 865.03 Mn | 1.43 Bn |
| 9 | EPAM Systems | 7.08 Bn | 2.72 Bn | 429.57 Mn | 331,000.00 |
| 10 | Formula Systems (1985) | 1.79 Bn | -1.56 Bn | 158.43 Mn | - |
API Access
Formula Systems (1985) Change in Account Payables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-account-payables&ticker=FORTY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-account-payables", "ticker": "FORTY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=change-in-account-payables&ticker=FORTY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();