Globant (GLOB) Change in Accured Expenses (2016 - 2020)

Globant's (GLOB) quarterly Change in Accured Expenses came in at -$309000.0 in Q1 2020, down 109.86% year-on-year from $3.1 million in Q2 2019, and down 109.86% quarter-over-quarter from $3.1 million in Q1 2019.

Globant (GLOB) Change in Accured Expenses (2016 - 2020) Analysis & Trends

Globant's Change in Accured Expenses history runs 5 years deep, the most recent figure standing at -$309000.0 for Q1 2020.

  • On a quarterly basis, Change in Accured Expenses fell 109.86% year-over-year to -$309000.0 in Q1 2020; TTM through Mar 2020 was $2.9 million, a 9.54% decrease from a year earlier, with the FY2016 full-year figure at -$1.8 million, down 167.08% from the prior year.
  • Change in Accured Expenses declined to -$309000.0 in Q1 2020 per GLOB's latest filing, from $3.1 million in the prior quarter.
  • Across five years, Change in Accured Expenses topped out at $3.1 million in Q1 2019 and bottomed at -$309000.0 in Q1 2020.
  • The 5-year median for Change in Accured Expenses is -$1000.0 (2016), against an average of $584000.0.
  • Across the five-year window, Change in Accured Expenses tumbled 1200.0% in 2017 and surged 946.15% in 2018, its largest moves.
  • Year by year, Change in Accured Expenses stood at -$1000.0 in 2016, then tumbled by 1200.0% to -$13000.0 in 2017, then jumped by 946.15% to $110000.0 in 2018, then jumped by 2748.18% to $3.1 million in 2019, then slumped by 109.86% to -$309000.0 in 2020.
  • Per Business Quant, the three latest GLOB Change in Accured Expenses figures stand at -$309000.0 (Q1 2020), $3.1 million (Q1 2019), and $110000.0 (Q2 2018).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Accured Expenses (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 967.46 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 -432.00 Mn
7 Fidelity National Information Services 22.25 Bn 21.49 Bn 1.11 Bn -99.00 Mn
8 Wipro 20.03 Bn 15.85 Bn 738.00 Mn -65.06 Mn
9 Cdw 17.85 Bn 17.27 Bn 1.19 Bn 130.30 Mn
10 Globant 1.45 Bn 1.20 Bn 213.66 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2020 -309,000.00
Mar 31, 2020 -309,000.00
Mar 31, 2019 3.13 Mn
Mar 31, 2019 3.13 Mn
Jun 30, 2018 110,000.00
Jun 30, 2018 110,000.00
Jun 30, 2017 -13,000.00
Jun 30, 2017 -13,000.00
Jun 30, 2016 -1,000.00
Jun 30, 2016 -1,000.00