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
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