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| 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 |