Magic Software Enterprises (MGIC) Payables (2016 - 2025)
Historic Payables for Magic Software Enterprises (MGIC) over the last 16 years, with Q3 2025 value amounting to $34.9 million.
- Magic Software Enterprises' Payables rose 2905.21% to $34.9 million in Q3 2025 from the same period last year, while for Sep 2025 it was $34.9 million, marking a year-over-year increase of 2905.21%. This contributed to the annual value of $51.9 million for FY2024, which is 944.28% down from last year.
- Latest data reveals that Magic Software Enterprises reported Payables of $34.9 million as of Q3 2025, which was up 2905.21% from $28.5 million recorded in Q2 2025.
- In the past 5 years, Magic Software Enterprises' Payables registered a high of $21.4 billion during Q3 2022, and its lowest value of $11.1 million during Q1 2021.
- Moreover, its 5-year median value for Payables was $28.5 million (2025), whereas its average is $1.2 billion.
- Per our database at Business Quant, Magic Software Enterprises' Payables surged by 13919758.26% in 2022 and then tumbled by 9985.58% in 2023.
- Quarter analysis of 5 years shows Magic Software Enterprises' Payables stood at $41.8 million in 2021, then grew by 15.62% to $48.4 million in 2022, then grew by 18.62% to $57.4 million in 2023, then decreased by 9.44% to $51.9 million in 2024, then plummeted by 32.87% to $34.9 million in 2025.
- Its Payables was $34.9 million in Q3 2025, compared to $28.5 million in Q2 2025 and $23.9 million in Q1 2025.