Magic Software Enterprises (RMTHF) Change in Account Payables (2016 - 2022)

Magic Software Enterprises has reported Change in Account Payables for 7 years, with the latest figure at -$1.3 million in Q1 2022.

• For the quarter ending Q1 2022, Change in Account Payables fell 252.18% year-over-year to -$1.3 million; the trailing twelve-month figure through Mar 2022 stood at $4.0 million (up 130.58% YoY), and the FY2024 full-year result was $13.6 million, up 289.81% from the prior year.
• Change in Account Payables for Q1 2022 stood at -$1.3 million, down from $2.3 million in the prior quarter.
• The five-year high for Change in Account Payables was $2.3 million in Q4 2021, with the low at -$3.1 million in Q2 2019.
• Historically, Change in Account Payables has averaged $76583.3 across 5 years, with a median of $324000.0 in 2018.
• Annual changes were most pronounced in 2019 — Change in Account Payables plunged 413.76% — and 2020, when it soared 678.28%.
• Magic Software Enterprises' Change in Account Payables stood at $381000.0 in 2018, then slipped by 29.92% to $267000.0 in 2019, then soared by 678.28% to $2.1 million in 2020, then gained by 12.66% to $2.3 million in 2021, then tumbled by 153.57% to -$1.3 million in 2022.
• The last three Change in Account Payables figures came in at -$1.3 million (Q1 2022), $2.3 million (Q4 2021), and $824000.0 (Q1 2021), per Business Quant data.