Formula Systems (1985) (FORTY) Notes Payables (2009 - 2018)
Formula Systems (1985)'s (FORTY) quarterly Notes Payables came in at $128.5 million in Q3 2018, up 17.93% quarter-over-quarter from $108.9 million in Q2 2018.
Formula Systems (1985) (FORTY) Notes Payables (2009 - 2018) Analysis & Trends
Formula Systems (1985) (FORTY) has reported Notes Payables for 10 consecutive years, with $128.5 million the latest figure, recorded in Q3 2018.
- For the quarter ending Q3 2018, Notes Payables changed N/A year-over-year to $128.5 million; the trailing twelve-month figure through Sep 2018 stood at $128.5 million (changed N/A YoY), and the FY2017 full-year result was $70.8 million, down 16.45% from the prior year.
- Notes Payables grew to $128.5 million in Q3 2018 per FORTY's latest filing, from $108.9 million in the prior quarter.
- Across five years, Notes Payables topped out at $128.5 million in Q3 2018 and bottomed at $43.2 million in Q4 2014.
- Historically, Notes Payables has averaged $89.5 million across 5 years, with a median of $89.2 million in 2015.
- The sharpest annual moves came in 2014 and 2015: Notes Payables surged 82.93% in 2014, then plunged 44.63% in 2015.
- Over 5 years, Notes Payables stood at $43.2 million in 2014, then surged by 36.77% to $59.1 million in 2015, then soared by 43.49% to $84.8 million in 2016, then declined by 16.45% to $70.8 million in 2017, then soared by 81.43% to $128.5 million in 2018.
- According to Business Quant data, Notes Payables over the past three periods registered $128.5 million, $108.9 million, and $77.7 million for Q3 2018, Q2 2018, and Q1 2018 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Infosys | 44.17 Bn | 44.22 Bn | 1.60 Bn |
| 2 | Cognizant Technology Solutions | 26.84 Bn | 25.79 Bn | 1.83 Bn |
| 3 | Cgi | 13.60 Bn | 13.02 Bn | - |
| 4 | EPAM Systems | 5.82 Bn | 5.04 Bn | 429.57 Mn |
| 5 | Science Applications International | 5.60 Bn | 5.47 Bn | 239.00 Mn |
| 6 | ExlService Holdings | 5.35 Bn | 5.07 Bn | 225.96 Mn |
| 7 | Kyndryl Holdings | 2.65 Bn | 639.03 Mn | 776.00 Mn |
| 8 | Innodata | 2.10 Bn | 1.85 Bn | 42.46 Mn |
| 9 | Formula Systems (1985) | 1.83 Bn | 1.41 Bn | 158.43 Mn |
| 10 | DXC Technology | 1.74 Bn | 9.39 Mn | 611.00 Mn |
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2013 | 71.68 Mn |
| Jun 30, 2013 | 74.42 Mn |
| Mar 31, 2013 | 64.24 Mn |
| Sep 30, 2012 | 40.66 Mn |
| Jun 30, 2012 | 42.41 Mn |
| Mar 31, 2012 | 40.98 Mn |
| Dec 31, 2011 | 16.64 Mn |
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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "notes-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=notes-payables&ticker=FORTY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();