Globant (GLOB) Change in Account Payables (2016 - 2021)
Globant (GLOB) posted quarterly Change in Account Payables of -$7.8 million for Q1 2021, down 761.88% year-over-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.
- 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 for Q1 2021 stood at -$7.8 million, down from $1.2 million in the prior quarter.
- The five-year high for Change in Account Payables was $16.1 million in Q2 2018, with the low 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.
- The sharpest annual moves came in 2018 and 2021: Change in Account Payables soared 879.36% in 2018, then plunged 761.88% in 2021.
- Globant's Change in Account Payables stood at $1.6 million in 2017, then jumped by 879.36% to $16.1 million in 2018, then sank by 114.66% to -$2.4 million in 2019, then jumped by 149.83% to $1.2 million in 2020, then sank by 761.88% to -$7.8 million in 2021.
- Business Quant data shows GLOB's Change in Account Payables at -$7.8 million in Q1 2021, $1.2 million in Q1 2020, and -$2.4 million in Q1 2019.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Account Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 222.17 Bn | 210.81 Bn | 9.91 Bn | - |
| 2 | Accenture | 113.08 Bn | 102.91 Bn | 6.13 Bn | 60.59 Mn |
| 3 | Infosys | 48.61 Bn | 48.61 Bn | 1.60 Bn | -39.00 Mn |
| 4 | Cgi | 33.08 Bn | 32.62 Bn | - | - |
| 5 | Cognizant Technology Solutions | 28.83 Bn | 27.78 Bn | 1.83 Bn | 4.00 Mn |
| 6 | Fidelity National Information Services | 21.35 Bn | 20.61 Bn | 1.17 Bn | - |
| 7 | Broadridge Financial Solutions | 21.18 Bn | 20.78 Bn | 853.00 Mn | - |
| 8 | Wipro | 19.66 Bn | 18.59 Bn | 738.00 Mn | - |
| 9 | Leidos Holdings | 17.81 Bn | 17.07 Bn | 817.00 Mn | - |
| 10 | Globant | 1.71 Bn | 1.51 Bn | 208.24 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 |