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Magic Software Enterprises (MGIC) Payables: 2010-2024

Historic Payables for Magic Software Enterprises (MGIC) over the last 15 years, with Dec 2024 value amounting to $51.9 million.

  • 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.
  • Magic Software Enterprises' Payables amounted to $51.9 million in FY2024, which was down 9.44% from $57.4 million recorded in FY2023.
  • Magic Software Enterprises' Payables' 5-year high stood at $57.4 million during FY2023, with a 5-year trough of $41.8 million in FY2021.
  • For the 3-year period, Magic Software Enterprises' Payables averaged around $52.5 million, with its median value being $51.9 million (2024).
  • As far as peak fluctuations go, Magic Software Enterprises' Payables surged by 34.45% in 2020, and later decreased by 21.65% in 2021.
  • Over the past 5 years, Magic Software Enterprises' Payables (Yearly) stood at $53.4 million in 2020, then declined by 21.65% to $41.8 million in 2021, then rose 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.