Magic Software Enterprises (RMTHF) Payables (2009 - 2025)
Magic Software Enterprises (RMTHF) posted Payables of $94.12 million for Q3 2025, up 23.8% from $76.02 million a year earlier and up 11.4% from the prior quarter.
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Analysis
Magic Software Enterprises (RMTHF) Payables (2009 - 2025) Analysis & Trends
At the end of FY2024, Magic Software Enterprises' Payables came in at $81.4 million, up 15.6% from FY2023.
- Annual Payables has increased for six consecutive years, with a five-year compound annual growth rate of 15.4% (FY2019 to FY2024).
- In prior years, Magic Software Enterprises' Payables was $70.43 million in FY2023 (+4.2%), $67.6 million in FY2022 (+8.7%), $62.2 million in FY2021 (+16.5%) and $53.38 million in FY2020 (+34.5%).
- The Q3 2025 figure stands as the highest quarterly Payables in data going back to Q1 2009.
- On a year-over-year basis, Payables increased in six of the last eight quarters, with growth averaging 10.0%.
- The strongest year-over-year quarter for Payables in the past five years was Q1 2021, with growth of 79.3%; the weakest was Q2 2024, with a decline of 5.6%.
- According to Business Quant data, Payables for the three prior quarters was $84.5 million (Q2 2025), $77.35 million (Q1 2025) and $81.4 million (Q4 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 450.50 Bn | 419.56 Bn | 1.64 Bn | 504.07 Mn |
| 2 | Oracle | 401.01 Bn | 273.57 Bn | - | 18.69 Bn |
| 3 | Sap Se | 257.03 Bn | 178.11 Bn | 8.40 Bn | 3.19 Bn |
| 4 | Salesforce | 187.04 Bn | 142.92 Bn | 8.70 Bn | 7.02 Bn |
| 5 | ServiceNow | 135.91 Bn | 114.37 Bn | 2.82 Bn | 2.24 Bn |
| 6 | Automatic Data Processing | 104.14 Bn | 86.27 Bn | 2.51 Bn | 834.40 Mn |
| 7 | Intuit | 72.30 Bn | 51.65 Bn | 3.44 Bn | 873.00 Mn |
| 8 | Relx | 60.17 Bn | 57.14 Bn | - | 5.37 Bn |
| 9 | Strategy | 55.31 Bn | 48.30 Bn | 81.55 Mn | 190.50 Mn |
| 10 | Magic Software Enterprises | 1.60 Bn | 1.21 Bn | 44.21 Mn | 94.12 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 94.12 Mn |
| Jun 30, 2025 | 84.50 Mn |
| Mar 31, 2025 | 77.35 Mn |
| Dec 31, 2024 | 81.40 Mn |
| Sep 30, 2024 | 76.02 Mn |
| Jun 30, 2024 | 71.16 Mn |
| Mar 31, 2024 | 80.76 Mn |
| Dec 31, 2023 | 70.43 Mn |
| Sep 30, 2023 | 70.97 Mn |
| Jun 30, 2023 | 75.35 Mn |
| Mar 31, 2023 | 66.96 Mn |
| Dec 31, 2022 | 67.60 Mn |
| Sep 30, 2022 | 67.46 Mn |
| Jun 30, 2022 | 60.87 Mn |
| Mar 31, 2022 | 67.39 Mn |
| Dec 31, 2021 | 62.20 Mn |
| Sep 30, 2021 | 58.84 Mn |
| Jun 30, 2021 | 55.78 Mn |
| Mar 31, 2021 | 66.26 Mn |
| Dec 31, 2020 | 53.38 Mn |
API Access
Magic Software Enterprises 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=payables&ticker=RMTHF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "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=payables&ticker=RMTHF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();