Globant (GLOB) Change in Account Payables (2016 - 2021)

Globant (GLOB) recorded quarterly Change in Account Payables of -$7.8 million in Q1 2021, down 761.88% quarter-over-quarter from $1.2 million in Q1 2020, and down 761.88% on a YoY basis 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.

  • In Q1 2021, Change in Account Payables fell 761.88% year-over-year to -$7.8 million; the TTM figure through Mar 2021 stood at $7.1 million (down 47.14% YoY), while the FY2025 annual figure was -$6.6 million, up 82.79% from the prior year.
  • Change in Account Payables was -$7.8 million for Q1 2021 at Globant, down from $1.2 million in the prior quarter.
  • In the past five years, Change in Account Payables ranged from a high of $16.1 million in Q2 2018 to a low of -$7.8 million in Q1 2021.
  • Historically, Change in Account Payables has averaged $1.0 million across 5 years, with a median of -$294000.0 in 2017.
  • The sharpest annual moves came in 2018 and 2021: Change in Account Payables jumped 879.36% in 2018, then sank 761.88% in 2021.
  • A 5-year view of Change in Account Payables shows it stood at $1.6 million in 2017, then surged by 879.36% to $16.1 million in 2018, then slumped by 114.66% to -$2.4 million in 2019, then surged by 149.83% to $1.2 million in 2020, then slumped by 761.88% to -$7.8 million in 2021.
  • The last three Change in Account Payables figures came in at -$7.8 million (Q1 2021), $1.2 million (Q1 2020), and -$2.4 million (Q1 2019), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Account Payables (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 92.55 Mn
5 Cognizant Technology Solutions 25.38 Bn 23.86 Bn 1.78 Bn 25.00 Mn
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 341.30 Mn
9 Leidos Holdings 15.68 Bn 15.27 Bn 761.00 Mn -
10 Globant 2.01 Bn 1.83 Bn 213.66 Mn -

Historic Data

Download Data
DateValue
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