Formula Systems (1985) FORTY
NASDAQ FORTY
$114.00 -3.57 (-3.04%)
As of: Sep 22, 2026 · 1:53 PM EDT

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.

Analysis

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 Set

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

Historic Data

Download Data
DateValue
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
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