Magic Software Enterprises (RMTHF) Accounts Payables (2009 - 2025)
Magic Software Enterprises (RMTHF) reported Accounts Payables of $59.26 million for Q3 2025, up 20.9% from $49.01 million a year earlier and up 5.9% from the prior quarter.
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Analysis
Magic Software Enterprises (RMTHF) Accounts Payables (2009 - 2025) Analysis & Trends
At the end of FY2024, Magic Software Enterprises posted Accounts Payables of $58.21 million, up 40.3% from FY2023.
- Accounts Payables has a five-year compound annual growth rate of 12.3% (FY2019 to FY2024).
- By year, Accounts Payables came in at $41.49 million in FY2023 (-11.4%), $46.84 million in FY2022 (+3.9%), $45.09 million in FY2021 (+7.8%) and $41.85 million in FY2020 (+28.3%).
- The Q3 2025 figure ranks as the highest quarterly Accounts Payables in data going back to Q1 2009.
- Year over year, Accounts Payables has now increased in each of the last seven quarters, with growth averaging 15.8% over the last eight quarters.
- The high point for year-over-year Accounts Payables in five years was Q1 2021 (growth of 72.3%); the low point was Q1 2022 (a decline of 15.6%).
- Per Business Quant data, the three quarters before Q3 2025 came in at $55.97 million (Q2 2025), $53.41 million (Q1 2025) and $58.21 million (Q4 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Accounts Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 449.27 Bn | 418.33 Bn | 1.64 Bn | 504.07 Mn |
| 2 | Oracle | 417.01 Bn | 289.56 Bn | - | 11.06 Bn |
| 3 | Sap Se | 258.97 Bn | 180.05 Bn | 8.40 Bn | 3.19 Bn |
| 4 | Salesforce | 185.51 Bn | 141.38 Bn | 8.70 Bn | 7.02 Bn |
| 5 | ServiceNow | 134.41 Bn | 112.87 Bn | 2.82 Bn | 162.00 Mn |
| 6 | Automatic Data Processing | 104.14 Bn | 86.27 Bn | 2.51 Bn | 162.50 Mn |
| 7 | Intuit | 71.93 Bn | 51.28 Bn | 3.44 Bn | 873.00 Mn |
| 8 | Relx | 60.47 Bn | 57.43 Bn | - | 5.37 Bn |
| 9 | Strategy | 54.44 Bn | 47.43 Bn | 81.55 Mn | 35.34 Mn |
| 10 | Magic Software Enterprises | 1.50 Bn | 1.12 Bn | 44.21 Mn | 59.26 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 59.26 Mn |
| Jun 30, 2025 | 55.97 Mn |
| Mar 31, 2025 | 53.41 Mn |
| Dec 31, 2024 | 58.21 Mn |
| Sep 30, 2024 | 49.01 Mn |
| Jun 30, 2024 | 45.27 Mn |
| Mar 31, 2024 | 43.99 Mn |
| Dec 31, 2023 | 41.49 Mn |
| Sep 30, 2023 | 40.15 Mn |
| Jun 30, 2023 | 44.41 Mn |
| Mar 31, 2023 | 40.76 Mn |
| Dec 31, 2022 | 46.84 Mn |
| Sep 30, 2022 | 46.08 Mn |
| Jun 30, 2022 | 41.17 Mn |
| Mar 31, 2022 | 46.56 Mn |
| Dec 31, 2021 | 45.09 Mn |
| Sep 30, 2021 | 43.49 Mn |
| Jun 30, 2021 | 43.41 Mn |
| Mar 31, 2021 | 55.15 Mn |
| Dec 31, 2020 | 41.85 Mn |
API Access
Magic Software Enterprises Accounts Payables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accounts-payables&ticker=RMTHF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accounts-payables", "ticker": "RMTHF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accounts-payables&ticker=RMTHF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();