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| Date | Value |
|---|---|
| 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 |