Formula Systems (1985) FORTY
NASDAQ FORTY
$119.22 +2.14 (+1.83%)
As of: Oct 21, 2026 · 9:30 AM EDT

Formula Systems (1985) (FORTY) Notes Payables (2009 - 2020)

Updated

Formula Systems (1985) (FORTY) recorded Notes Payables of $59.07 million in Q4 2015, up 36.8% from $43.19 million a year earlier.

Analysis

Formula Systems (1985) (FORTY) Notes Payables (2009 - 2020) Analysis & Trends

Starting with Q4 2009, Formula Systems (1985)'s Notes Payables history includes 20 quarters.

  • Annual Notes Payables has increased for five straight years, with a five-year compound annual growth rate of 54.6% (FY2010 to FY2015).
  • Across earlier years, Notes Payables came in at $43.19 million in FY2014 (+21.2%), $35.64 million in FY2013 (+51.0%), $23.61 million in FY2012 (+41.9%) and $16.64 million in FY2011 (+149.0%).
  • Quarterly Notes Payables has ranged from $5.69 million in Q3 2011 to $61.12 million in Q2 2015 over the past five years.
  • Peak year-over-year performance for Notes Payables in the last five years was growth of 233.7% in Q3 2012, against a decline of 33.2% in Q2 2011 at the low end.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Infosys 52.40 Bn 38.90 Bn 1.60 Bn
2 Cognizant Technology Solutions 32.46 Bn 25.62 Bn 1.83 Bn
3 Wipro 22.47 Bn 17.61 Bn 745.00 Mn
4 Cdw 20.15 Bn 18.14 Bn 1.32 Bn
5 Td Synnex 19.94 Bn 14.10 Bn 1.43 Bn
6 Cgi 17.74 Bn 15.53 Bn -
7 Arrow Electronics 11.21 Bn 10.16 Bn 1.13 Bn
8 Avnet 7.65 Bn 6.83 Bn 865.03 Mn
9 EPAM Systems 7.01 Bn 2.65 Bn 429.57 Mn
10 Formula Systems (1985) 1.83 Bn -1.52 Bn 158.43 Mn
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2020 10.60 Mn
Dec 31, 2019 5.55 Mn
Dec 31, 2018 38,000.00
Sep 30, 2018 128.49 Mn
Jun 30, 2018 108.95 Mn
Mar 31, 2018 77.70 Mn
Dec 31, 2017 70.82 Mn
Dec 31, 2016 84.76 Mn
Dec 31, 2015 59.07 Mn
Sep 30, 2015 62.03 Mn
Jun 30, 2015 89.25 Mn
Mar 31, 2015 93.79 Mn
Dec 31, 2014 43.19 Mn
Sep 30, 2014 112.04 Mn
Jun 30, 2014 116.37 Mn
Mar 31, 2014 117.51 Mn
Dec 31, 2013 35.64 Mn
Sep 30, 2013 71.68 Mn
Jun 30, 2013 74.42 Mn
Mar 31, 2013 64.24 Mn
API Access

Formula Systems (1985) Notes 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=notes-payables&ticker=FORTY&period=max&api_key=YOUR_API_KEY