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Magic Software Enterprises (MGIC) Receivables Refunds: 2012-2013

  • Magic Software Enterprises' Receivables Refunds fell 22.72% to $1.9 million in Q4 2013 from the same period last year, while for Dec 2013 it was $1.9 million, marking a year-over-year decrease of 22.72%. This contributed to the annual value of $1.9 million for FY2013, which is 22.72% down from last year.
  • Magic Software Enterprises' Receivables Refunds amounted to $1.9 million in Q4 2013, which was down 22.72% from $2.5 million recorded in Q4 2012.
  • In the past 5 years, Magic Software Enterprises' Receivables Refunds registered a high of $2.5 million during Q4 2012, and its lowest value of $1.9 million during Q4 2013.
  • Moreover, its 2-year median value for Receivables Refunds was $2.2 million (2012), whereas its average is $2.2 million.
  • Data for Magic Software Enterprises' Receivables Refunds shows a maximum YoY decreased of 22.72% (in 2013) over the last 5 years.
  • Quarterly analysis of 2 years shows Magic Software Enterprises' Receivables Refunds stood at $2.5 million in 2012, then decreased by 22.72% to $1.9 million in 2013.