Globant (GLOB) Change in Receivables (2016 - 2021)

Globant's (GLOB) quarterly Change in Receivables came in at -$64.0 million in Q1 2021, down 320.61% year-on-year from $29.0 million in Q1 2020, and down 320.61% quarter-over-quarter from -$15.2 million in Q1 2020.

Globant (GLOB) Change in Receivables (2016 - 2021) Analysis & Trends

Globant's Change in Receivables history runs 6 years deep, the most recent figure standing at -$64.0 million for Q1 2021.

  • On a quarterly basis, Change in Receivables fell 320.61% year-over-year to -$64.0 million in Q1 2021; TTM through Mar 2021 was -$119.7 million, a 74.3% decrease from a year earlier, with the FY2025 full-year figure at $36.2 million, up 132.05% from the prior year.
  • Change in Receivables slipped to -$64.0 million in Q1 2021 per GLOB's latest filing, from -$15.2 million in the prior quarter.
  • Across five years, Change in Receivables topped out at -$8.1 million in Q2 2017 and bottomed at -$64.0 million in Q1 2021.
  • The 5-year median for Change in Receivables is -$15.2 million (2020), against an average of -$21.9 million.
  • Across the five-year window, Change in Receivables surged 37.65% in 2020 and tumbled 320.61% in 2021, its largest moves.
  • Year by year, Change in Receivables stood at -$8.1 million in 2017, then tumbled by 100.79% to -$16.2 million in 2018, then tumbled by 50.82% to -$24.4 million in 2019, then jumped by 37.65% to -$15.2 million in 2020, then tumbled by 320.61% to -$64.0 million in 2021.
  • Per Business Quant, the three latest GLOB Change in Receivables figures stand at -$64.0 million (Q1 2021), -$15.2 million (Q1 2020), and -$24.4 million (Q1 2019).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Receivables (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 422.98 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 143.00 Mn
7 Fidelity National Information Services 22.25 Bn 21.49 Bn 1.11 Bn 8.00 Mn
8 Wipro 20.03 Bn 15.85 Bn 738.00 Mn 44.07 Mn
9 Cdw 17.85 Bn 17.27 Bn 1.19 Bn 170.10 Mn
10 Globant 1.45 Bn 1.20 Bn 213.66 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2021 -63.96 Mn
Mar 31, 2021 -63.96 Mn
Mar 31, 2020 -15.21 Mn
Mar 31, 2020 -15.21 Mn
Mar 31, 2019 -24.39 Mn
Mar 31, 2019 -24.39 Mn
Jun 30, 2018 -16.17 Mn
Jun 30, 2018 -16.17 Mn
Mar 31, 2018 -12.93 Mn
Mar 31, 2018 -12.93 Mn
Jun 30, 2017 -8.05 Mn
Jun 30, 2017 -8.05 Mn
Mar 31, 2017 -12.60 Mn
Mar 31, 2017 -12.60 Mn
Jun 30, 2016 -4.45 Mn
Jun 30, 2016 -4.45 Mn