Magic Software Enterprises (RMTHF) Change in Accured Expenses (2016 - 2018)

Magic Software Enterprises has reported Change in Accured Expenses for 3 years, with the latest figure at $4.0 million in Q4 2018.

• For the quarter ending Q4 2018, Change in Accured Expenses rose 20.17% year-over-year to $4.0 million; the trailing twelve-month figure through Dec 2018 stood at $1.8 million (down 59.37% YoY), and the FY2020 full-year result was $8.2 million, up 206.54% from the prior year.
• Change in Accured Expenses for Q4 2018 stood at $4.0 million, up from -$2.1 million in the prior quarter.
• The five-year high for Change in Accured Expenses was $4.0 million in Q4 2018, with the low at -$2.8 million in Q1 2018.
• Historically, Change in Accured Expenses has averaged $649166.7 across 3 years, with a median of $565000.0 in 2016.
• The largest YoY upside for Change in Accured Expenses was 242.41% in 2018 against a maximum downside of 503.12% in 2018.
• Magic Software Enterprises' Change in Accured Expenses stood at $2.4 million in 2016, then jumped by 38.06% to $3.4 million in 2017, then gained by 20.17% to $4.0 million in 2018.
• The last three Change in Accured Expenses figures came in at $4.0 million (Q4 2018), -$2.1 million (Q3 2018), and $2.7 million (Q2 2018), per Business Quant data.