Globant (GLOB) Change in Receivables (2016 - 2021)
Globant (GLOB) posted quarterly Change in Receivables of -$64.0 million for Q1 2021, down 320.61% year-over-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.
- 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 for Q1 2021 stood at -$64.0 million, down from -$15.2 million in the prior quarter.
- The five-year high for Change in Receivables was -$8.1 million in Q2 2017, with the low 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.
- The sharpest annual moves came in 2020 and 2021: Change in Receivables surged 37.65% in 2020, then slumped 320.61% in 2021.
- Globant's Change in Receivables stood at -$8.1 million in 2017, then plunged by 100.79% to -$16.2 million in 2018, then plunged by 50.82% to -$24.4 million in 2019, then soared by 37.65% to -$15.2 million in 2020, then plunged by 320.61% to -$64.0 million in 2021.
- Business Quant data shows GLOB's Change in Receivables at -$64.0 million in Q1 2021, -$15.2 million in Q1 2020, and -$24.4 million in Q1 2019.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (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 | 422.98 Mn |
| 3 | Infosys | 48.61 Bn | 48.61 Bn | 1.60 Bn | 88.00 Mn |
| 4 | Cgi | 33.08 Bn | 32.62 Bn | - | - |
| 5 | Cognizant Technology Solutions | 28.83 Bn | 27.78 Bn | 1.83 Bn | 131.00 Mn |
| 6 | Fidelity National Information Services | 21.35 Bn | 20.61 Bn | 1.17 Bn | 124.00 Mn |
| 7 | Broadridge Financial Solutions | 21.18 Bn | 20.78 Bn | 853.00 Mn | -196.10 Mn |
| 8 | Wipro | 19.66 Bn | 18.59 Bn | 738.00 Mn | 44.07 Mn |
| 9 | Leidos Holdings | 17.81 Bn | 17.07 Bn | 817.00 Mn | 33.00 Mn |
| 10 | Globant | 1.71 Bn | 1.51 Bn | 208.24 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 |