Globant (GLOB) Other Working Capital Changes (2016 - 2021)

Globant (GLOB) recorded quarterly Other Working Capital Changes of $8.7 million in Q1 2021, up 161.17% quarter-over-quarter from -$14.2 million in Q1 2020, and up 161.17% on a YoY basis from $3.3 million in Q1 2020.

Globant (GLOB) Other Working Capital Changes (2016 - 2021) Analysis & Trends

Globant's Other Working Capital Changes history runs 6 years deep, the most recent figure standing at $8.7 million for Q1 2021.

  • In Q1 2021, Other Working Capital Changes rose 161.17% year-over-year to $8.7 million; the TTM figure through Mar 2021 stood at $5.3 million (up 179.04% YoY), while the FY2025 annual figure was -$60.8 million, down 3076.15% from the prior year.
  • Other Working Capital Changes was $8.7 million for Q1 2021 at Globant, up from -$14.2 million in the prior quarter.
  • In the past five years, Other Working Capital Changes ranged from a high of $8.7 million in Q1 2021 to a low of -$14.2 million in Q1 2020.
  • Historically, Other Working Capital Changes has averaged -$383571.4 across 5 years, with a median of $701000.0 in 2017.
  • The sharpest annual moves came in 2017 and 2019: Other Working Capital Changes slumped 767.76% in 2017, then jumped 227.7% in 2019.
  • A 5-year view of Other Working Capital Changes shows it stood at -$5.3 million in 2017, then surged by 221.95% to $6.5 million in 2018, then plunged by 32.62% to $4.4 million in 2019, then plunged by 424.81% to -$14.2 million in 2020, then jumped by 161.17% to $8.7 million in 2021.
  • The last three Other Working Capital Changes figures came in at $8.7 million (Q1 2021), -$14.2 million (Q1 2020), and $4.4 million (Q1 2019), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Infosys 250,975,992.28 Bn 250,975,991.00 Bn 1.56 Bn
2 International Business Machines 267.32 Bn 252.39 Bn 8.95 Bn
3 Wipro 138.60 Bn 137.44 Bn 751.00 Mn
4 Accenture 109.98 Bn 101.66 Bn 16.30 Bn
5 Cognizant Technology Solutions 25.38 Bn 23.86 Bn 1.78 Bn
6 Fidelity National Information Services 21.09 Bn 20.34 Bn 1.11 Bn
7 Broadridge Financial Solutions 17.60 Bn 17.30 Bn 626.90 Mn
8 Cdw 17.16 Bn 16.58 Bn 1.19 Bn
9 Leidos Holdings 15.68 Bn 15.27 Bn 761.00 Mn
10 Globant 2.01 Bn 1.83 Bn 213.66 Mn

Historic Data

Download Data
DateValue
Mar 31, 2021 8.66 Mn
Mar 31, 2021 8.66 Mn
Mar 31, 2020 -14.15 Mn
Mar 31, 2020 -14.15 Mn
Mar 31, 2019 4.36 Mn
Mar 31, 2019 4.36 Mn
Jun 30, 2018 6.47 Mn
Jun 30, 2018 6.47 Mn
Mar 31, 2018 -3.41 Mn
Mar 31, 2018 -3.41 Mn
Jun 30, 2017 -5.30 Mn
Jun 30, 2017 -5.30 Mn
Mar 31, 2017 701,000.00
Mar 31, 2017 701,000.00
Jun 30, 2016 794,000.00
Jun 30, 2016 794,000.00