Formula Systems (1985) (FORTY) Change in Receivables (2017 - 2018)
Formula Systems (1985) (FORTY) posted quarterly Change in Receivables of -$56.9 million for Q4 2018, down 58.65% year-on-year from -$137.7 million in Q4 2017, and down 58.65% on a QoQ basis from -$35.9 million in Q4 2017.
Formula Systems (1985) (FORTY) Change in Receivables (2017 - 2018) Analysis & Trends
Formula Systems (1985) (FORTY) has reported Change in Receivables for 2 consecutive years, with -$56.9 million the latest figure, recorded in Q4 2018.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 193.88 Bn | 178.95 Bn | 9.91 Bn | - |
| 2 | Accenture | 84.94 Bn | 75.26 Bn | 6.13 Bn | 422.98 Mn |
| 3 | GDS Holdings | 50.55 Bn | 48.40 Bn | 164.04 Mn | - |
| 4 | Infosys | 44.05 Bn | 44.79 Bn | 1.60 Bn | - |
| 5 | Cgi | 41.25 Bn | 40.60 Bn | - | - |
| 6 | Fidelity National Information Services | 20.63 Bn | 19.87 Bn | 1.11 Bn | 8.00 Mn |
| 7 | Cognizant Technology Solutions | 20.39 Bn | 18.87 Bn | 1.78 Bn | 143.00 Mn |
| 8 | Wipro | 18.65 Bn | 17.52 Bn | 738.00 Mn | 44.07 Mn |
| 9 | Broadridge Financial Solutions | 16.79 Bn | 16.48 Bn | 626.90 Mn | 243.20 Mn |
| 10 | Formula Systems (1985) | 1.63 Bn | 883.74 Mn | 146.04 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2018 | -56.93 Mn |
| Dec 31, 2018 | -56.93 Mn |
| Dec 31, 2017 | -35.88 Mn |
| Dec 31, 2017 | -35.88 Mn |