Formula Systems (1985) (FORTY) Notes Payables (2009 - 2015)

Formula Systems (1985) (FORTY) reported Notes Payables of $59.1 million for Q4 2015, up 36.77% on a YoY basis from $43.2 million in Q4 2014, and down 3.35% quarter-over-quarter from $61.1 million in Q2 2015.

Formula Systems (1985) (FORTY) Notes Payables (2009 - 2015) Analysis & Trends

Formula Systems (1985) has reported Notes Payables for 7 years, with the latest figure at $59.1 million in Q4 2015.

  • For the quarter ending Q4 2015, Notes Payables rose 36.77% year-over-year to $59.1 million; the trailing twelve-month figure through Dec 2015 stood at $59.1 million (up 36.77% YoY), and the FY2015 full-year result was $59.1 million, up 36.77% from the prior year.
  • Notes Payables for Q4 2015 stood at $59.1 million, down from $61.1 million in the prior quarter.
  • The five-year high for Notes Payables was $61.1 million in Q2 2015, with the low at $5.7 million in Q3 2011.
  • Historically, Notes Payables has averaged $27.5 million across 5 years, with a median of $23.6 million in 2012.
  • Annual changes were most pronounced in 2011 — Notes Payables tumbled 33.2% — and 2012, when it jumped 233.7%.
  • Formula Systems (1985)'s Notes Payables stood at $16.6 million in 2011, then soared by 41.85% to $23.6 million in 2012, then surged by 50.96% to $35.6 million in 2013, then gained by 21.2% to $43.2 million in 2014, then soared by 36.77% to $59.1 million in 2015.
  • The last three Notes Payables figures came in at $59.1 million (Q4 2015), $61.1 million (Q2 2015), and $48.1 million (Q1 2015), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Infosys 250,975,992.28 Bn 250,975,991.00 Bn 1.56 Bn
2 International Business Machines 267.32 Bn 252.39 Bn 8.95 Bn
3 Wipro 138.60 Bn 137.44 Bn 751.00 Mn
4 Accenture 109.98 Bn 101.66 Bn 16.30 Bn
5 Cognizant Technology Solutions 25.38 Bn 23.86 Bn 1.78 Bn
6 Fidelity National Information Services 21.09 Bn 20.34 Bn 1.11 Bn
7 Broadridge Financial Solutions 17.60 Bn 17.30 Bn 626.90 Mn
8 Cdw 17.16 Bn 16.58 Bn 1.19 Bn
9 Leidos Holdings 15.68 Bn 15.27 Bn 761.00 Mn
10 Formula Systems (1985) 293,580.00 -1.18 Bn 146.04 Bn

Historic Data

Download Data
DateValue
Dec 31, 2015 59.07 Mn
Jun 30, 2015 61.12 Mn
Mar 31, 2015 48.09 Mn
Dec 31, 2014 43.19 Mn
Sep 30, 2014 30.11 Mn
Jun 30, 2014 39.88 Mn
Mar 31, 2014 28.48 Mn
Dec 31, 2013 35.64 Mn
Sep 30, 2013 28.12 Mn
Jun 30, 2013 22.22 Mn
Mar 31, 2013 17.62 Mn
Dec 31, 2012 23.61 Mn
Sep 30, 2012 18.99 Mn
Jun 30, 2012 15.07 Mn
Mar 31, 2012 15.76 Mn
Dec 31, 2011 16.64 Mn
Sep 30, 2011 5.69 Mn
Jun 30, 2011 6.14 Mn
Mar 31, 2011 6.55 Mn
Dec 31, 2010 6.68 Mn