Formula Systems (1985) (FORTY) Change in Receivables (2017 - 2018)
Formula Systems (1985) (FORTY) reported Change in Receivables of $51.94 million for FY2025, compared with -$81.21 million in FY2024.
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Analysis
Formula Systems (1985) (FORTY) Change in Receivables (2017 - 2018) Analysis & Trends
Dating back to FY2009, Formula Systems (1985)'s Change in Receivables record includes 17 years.
- Change in Receivables has a five-year compound annual growth rate of 17.4% (FY2020 to FY2025).
- The FY2025 figure ranks as the highest annual Change in Receivables in data going back to FY2009.
- According to Business Quant data, Change in Receivables came in at -$81.21 million in FY2024, $6.56 million in FY2023, -$51.4 million in FY2022 and -$150.82 million in FY2021.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 53.59 Bn | 40.09 Bn | 1.60 Bn | 88.00 Mn |
| 2 | Cognizant Technology Solutions | 33.66 Bn | 26.83 Bn | 1.83 Bn | 131.00 Mn |
| 3 | Wipro | 22.68 Bn | 17.82 Bn | 745.00 Mn | 49.11 Mn |
| 4 | Cdw | 20.31 Bn | 18.30 Bn | 1.32 Bn | 883.90 Mn |
| 5 | Td Synnex | 19.29 Bn | 13.45 Bn | 1.43 Bn | 1.99 Bn |
| 6 | Cgi | 18.14 Bn | 15.94 Bn | - | - |
| 7 | Arrow Electronics | 10.68 Bn | 9.63 Bn | 1.13 Bn | 2.06 Bn |
| 8 | Avnet | 7.20 Bn | 6.38 Bn | 865.03 Mn | 1.40 Bn |
| 9 | EPAM Systems | 7.11 Bn | 2.75 Bn | 429.57 Mn | - |
| 10 | Formula Systems (1985) | 1.76 Bn | -1.14 Bn | 158.43 Mn | - |
API Access
Formula Systems (1985) Change in Receivables 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-receivables&ticker=FORTY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-receivables", "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-receivables&ticker=FORTY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();