Magic Software Enterprises (MGIC) Payables (2016 - 2024)
Magic Software Enterprises' Payables history spans 15 years, with the latest figure at $51.9 million for Q4 2024.
- For Q4 2024, Payables fell 9.44% year-over-year to $51.9 million; the TTM value through Dec 2024 reached $51.9 million, down 9.44%, while the annual FY2024 figure was $51.9 million, 9.44% down from the prior year.
- Payables reached $51.9 million in Q4 2024 per MGIC's latest filing, down from $57.4 million in the prior quarter.
- In the past five years, Payables ranged from a high of $57.4 million in Q4 2023 to a low of $41.8 million in Q4 2021.
- Average Payables over 5 years is $50.6 million, with a median of $51.9 million recorded in 2024.
- Peak YoY movement for Payables: skyrocketed 34.45% in 2020, then decreased 21.65% in 2021.
- A 5-year view of Payables shows it stood at $53.4 million in 2020, then fell by 21.65% to $41.8 million in 2021, then rose by 15.62% to $48.4 million in 2022, then rose by 18.62% to $57.4 million in 2023, then dropped by 9.44% to $51.9 million in 2024.
- Per Business Quant, the three most recent readings for MGIC's Payables are $51.9 million (Q4 2024), $57.4 million (Q4 2023), and $48.4 million (Q4 2022).