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| 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 |