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

Globant (GLOB) recorded quarterly Change in Receivables of -$64.0 million in Q1 2021, down 320.61% quarter-over-quarter from -$15.2 million in Q1 2020, and down 320.61% on a YoY basis from $29.0 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.

  • In Q1 2021, Change in Receivables fell 320.61% year-over-year to -$64.0 million; the TTM figure through Mar 2021 stood at -$119.7 million (down 74.3% YoY), while the FY2025 annual figure was $36.2 million, up 132.05% from the prior year.
  • Change in Receivables was -$64.0 million for Q1 2021 at Globant, down from -$15.2 million in the prior quarter.
  • In the past five years, Change in Receivables ranged from a high of -$8.1 million in Q2 2017 to a low of -$64.0 million in Q1 2021.
  • Historically, Change in Receivables has averaged -$21.9 million across 5 years, with a median of -$15.2 million in 2020.
  • The sharpest annual moves came in 2020 and 2021: Change in Receivables soared 37.65% in 2020, then tumbled 320.61% in 2021.
  • A 5-year view of Change in Receivables shows it stood at -$8.1 million in 2017, then sank by 100.79% to -$16.2 million in 2018, then sank by 50.82% to -$24.4 million in 2019, then jumped by 37.65% to -$15.2 million in 2020, then sank by 320.61% to -$64.0 million in 2021.
  • The last three Change in Receivables figures came in at -$64.0 million (Q1 2021), -$15.2 million (Q1 2020), and -$24.4 million (Q1 2019), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Receivables (Qtr)
1 Infosys 250,975,992.28 Bn 250,975,991.00 Bn 1.56 Bn -93.00 Mn
2 International Business Machines 267.32 Bn 252.39 Bn 8.95 Bn -
3 Wipro 138.60 Bn 137.44 Bn 751.00 Mn 36.54 Mn
4 Accenture 109.98 Bn 101.66 Bn 16.30 Bn -441.97 Mn
5 Cognizant Technology Solutions 25.38 Bn 23.86 Bn 1.78 Bn 143.00 Mn
6 Fidelity National Information Services 21.09 Bn 20.34 Bn 1.11 Bn 8.00 Mn
7 Broadridge Financial Solutions 17.60 Bn 17.30 Bn 626.90 Mn 243.20 Mn
8 Cdw 17.16 Bn 16.58 Bn 1.19 Bn 170.10 Mn
9 Leidos Holdings 15.68 Bn 15.27 Bn 761.00 Mn 160.00 Mn
10 Globant 2.01 Bn 1.83 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