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