Magic Software Enterprises (RMTHF) Change in Receivables (2016 - 2025)
Magic Software Enterprises (RMTHF) reported Change in Receivables of -$5.5 million for Q3 2025, up 37.95% on a YoY basis from -$4.0 million in Q3 2024, and down 834.81% quarter-over-quarter from $747000.0 in Q2 2025.
Magic Software Enterprises (RMTHF) Change in Receivables (2016 - 2025) Analysis & Trends
Magic Software Enterprises has reported Change in Receivables for 10 years, with the latest figure at -$5.5 million in Q3 2025.
- For the quarter ending Q3 2025, Change in Receivables rose 37.95% year-over-year to -$5.5 million; the trailing twelve-month figure through Sep 2025 stood at -$5.3 million (up 63.39% YoY), and the FY2024 full-year result was -$4.6 million, down 124.87% from the prior year.
- Change in Receivables for Q3 2025 stood at -$5.5 million, down from $747000.0 in the prior quarter.
- The five-year high for Change in Receivables was $23.1 million in Q2 2023, with the low at -$18.0 million in Q4 2021.
- Historically, Change in Receivables has averaged -$1.1 million across 5 years, with a median of -$3.0 million in 2021.
- The largest YoY upside for Change in Receivables was 6477.9% in 2023 against a maximum downside of 361.9% in 2023.
- Magic Software Enterprises' Change in Receivables stood at -$18.0 million in 2021, then soared by 93.1% to -$1.2 million in 2022, then sank by 361.9% to -$5.7 million in 2023, then surged by 172.45% to $4.2 million in 2024, then tumbled by 231.85% to -$5.5 million in 2025.
- The last three Change in Receivables figures came in at -$5.5 million (Q3 2025), $747000.0 (Q2 2025), and -$4.7 million (Q1 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 250,975,992.28 Bn | 250,975,991.00 Bn | 1.56 Bn | -93.00 Mn |
| 2 | International Business Machines | 267.32 Bn | 252.39 Bn | 8.95 Bn | - |
| 3 | Wipro | 138.60 Bn | 137.44 Bn | 751.00 Mn | 36.54 Mn |
| 4 | Accenture | 109.98 Bn | 101.66 Bn | 16.30 Bn | -441.97 Mn |
| 5 | Cognizant Technology Solutions | 25.38 Bn | 23.86 Bn | 1.78 Bn | 143.00 Mn |
| 6 | Fidelity National Information Services | 21.09 Bn | 20.34 Bn | 1.11 Bn | 8.00 Mn |
| 7 | Broadridge Financial Solutions | 17.60 Bn | 17.30 Bn | 626.90 Mn | 243.20 Mn |
| 8 | Cdw | 17.16 Bn | 16.58 Bn | 1.19 Bn | 170.10 Mn |
| 9 | Leidos Holdings | 15.68 Bn | 15.27 Bn | 761.00 Mn | 160.00 Mn |
| 10 | Magic Software Enterprises | - | - | 45.50 Mn | -5.49 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | -5.49 Mn |
| Sep 30, 2025 | -5.49 Mn |
| Jun 30, 2025 | 747,000.00 |
| Jun 30, 2025 | 747,000.00 |
| Mar 31, 2025 | -4.73 Mn |
| Mar 31, 2025 | -4.73 Mn |
| Dec 31, 2024 | 4.16 Mn |
| Dec 31, 2024 | 4.16 Mn |
| Sep 30, 2024 | -8.85 Mn |
| Sep 30, 2024 | -8.85 Mn |
| Jun 30, 2024 | -3.61 Mn |
| Jun 30, 2024 | -3.61 Mn |
| Mar 31, 2024 | 3.71 Mn |
| Mar 31, 2024 | 3.71 Mn |
| Dec 31, 2023 | -5.75 Mn |
| Dec 31, 2023 | -5.75 Mn |
| Sep 30, 2023 | 6.86 Mn |
| Sep 30, 2023 | 6.86 Mn |
| Jun 30, 2023 | 23.09 Mn |
| Jun 30, 2023 | 23.09 Mn |