Globant (GLOB) Change in Account Payables (2016 - 2021)
Globant's (GLOB) quarterly Change in Account Payables came in at -$7.8 million in Q1 2021, down 761.88% year-on-year from $1.2 million in Q1 2020, and down 761.88% quarter-over-quarter from $1.2 million in Q1 2020.
Globant (GLOB) Change in Account Payables (2016 - 2021) Analysis & Trends
Globant's Change in Account Payables history runs 6 years deep, the most recent figure standing at -$7.8 million for Q1 2021.
- On a quarterly basis, Change in Account Payables fell 761.88% year-over-year to -$7.8 million in Q1 2021; TTM through Mar 2021 was $7.1 million, a 47.14% decrease from a year earlier, with the FY2025 full-year figure at -$6.6 million, up 82.79% from the prior year.
- Change in Account Payables eased to -$7.8 million in Q1 2021 per GLOB's latest filing, from $1.2 million in the prior quarter.
- Across five years, Change in Account Payables topped out at $16.1 million in Q2 2018 and bottomed at -$7.8 million in Q1 2021.
- The 5-year median for Change in Account Payables is -$294000.0 (2017), against an average of $1.0 million.
- Across the five-year window, Change in Account Payables soared 879.36% in 2018 and sank 761.88% in 2021, its largest moves.
- Year by year, Change in Account Payables stood at $1.6 million in 2017, then surged by 879.36% to $16.1 million in 2018, then plunged by 114.66% to -$2.4 million in 2019, then surged by 149.83% to $1.2 million in 2020, then plunged by 761.88% to -$7.8 million in 2021.
- Per Business Quant, the three latest GLOB Change in Account Payables figures stand at -$7.8 million (Q1 2021), $1.2 million (Q1 2020), and -$2.4 million (Q1 2019).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Account Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 203.45 Bn | 192.09 Bn | 9.91 Bn | - |
| 2 | Accenture | 94.76 Bn | 84.59 Bn | 6.13 Bn | 60.59 Mn |
| 3 | Cgi | 61.46 Bn | 60.81 Bn | - | - |
| 4 | GDS Holdings | 48.81 Bn | 46.67 Bn | 164.04 Mn | - |
| 5 | Infosys | 47.98 Bn | 47.98 Bn | 1.60 Bn | - |
| 6 | Cognizant Technology Solutions | 22.55 Bn | 21.03 Bn | 1.78 Bn | 25.00 Mn |
| 7 | Fidelity National Information Services | 22.25 Bn | 21.49 Bn | 1.11 Bn | - |
| 8 | Wipro | 20.03 Bn | 15.85 Bn | 738.00 Mn | - |
| 9 | Cdw | 17.85 Bn | 17.27 Bn | 1.19 Bn | 341.30 Mn |
| 10 | Globant | 1.45 Bn | 1.20 Bn | 213.66 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2021 | -7.80 Mn |
| Mar 31, 2021 | -7.80 Mn |
| Mar 31, 2020 | 1.18 Mn |
| Mar 31, 2020 | 1.18 Mn |
| Mar 31, 2019 | -2.36 Mn |
| Mar 31, 2019 | -2.36 Mn |
| Jun 30, 2018 | 16.13 Mn |
| Jun 30, 2018 | 16.13 Mn |
| Mar 31, 2018 | -1.42 Mn |
| Mar 31, 2018 | -1.42 Mn |
| Jun 30, 2017 | 1.65 Mn |
| Jun 30, 2017 | 1.65 Mn |
| Mar 31, 2017 | -294,000.00 |
| Mar 31, 2017 | -294,000.00 |
| Jun 30, 2016 | 1.59 Mn |
| Jun 30, 2016 | 1.59 Mn |