Magic Software Enterprises (MGIC) Payables: 2010-2024
- Magic Software Enterprises' Payables fell 9.44% to $51.9 million in Q4 2024 from the same period last year, while for Dec 2024 it was $199.5 million, marking a year-over-year decrease of 0.71%. This contributed to the annual value of $51.9 million for FY2024, which is 9.44% down from last year.
- As of Q4 2024, Magic Software Enterprises' Payables stood at $51.9 million, which was down 9.44% from $57.4 million recorded in Q4 2023.
- Magic Software Enterprises' Payables' 5-year high stood at $57.4 million during Q4 2023, with a 5-year trough of $41.8 million in Q4 2021.
- Moreover, its 3-year median value for Payables was $51.9 million (2024), whereas its average is $52.5 million.
- As far as peak fluctuations go, Magic Software Enterprises' Payables surged by 34.45% in 2020, and later fell by 21.65% in 2021.
- Quarterly analysis of 5 years shows Magic Software Enterprises' Payables stood at $53.4 million in 2020, then dropped by 21.65% to $41.8 million in 2021, then increased by 15.62% to $48.4 million in 2022, then grew by 18.62% to $57.4 million in 2023, then dropped by 9.44% to $51.9 million in 2024.
- Its last three reported values are $51.9 million in Q4 2024, $57.4 million for Q4 2023, and $48.4 million during Q4 2022.
