Magic Software Enterprises (RMTHF) Payables (2009 - 2025)
Magic Software Enterprises (RMTHF) reported Payables of $69.5 million for Q3 2025, up 26.69% on a YoY basis from $54.8 million in Q3 2024, and up 194.7% quarter-over-quarter from $23.6 million in Q2 2025.
Magic Software Enterprises (RMTHF) Payables (2009 - 2025) Analysis & Trends
Magic Software Enterprises has reported Payables for 17 years, with the latest figure at $69.5 million in Q3 2025.
- For the quarter ending Q3 2025, Payables rose 26.69% year-over-year to $69.5 million; the trailing twelve-month figure through Sep 2025 stood at $69.5 million (up 26.69% YoY), and the FY2024 full-year result was $23.9 million, down 19.92% from the prior year.
- Payables for Q3 2025 stood at $69.5 million, up from $23.6 million in the prior quarter.
- The five-year high for Payables was $21.4 billion in Q3 2022, with the low at $16.6 million in Q2 2021.
- Historically, Payables has averaged $1.2 billion across 5 years, with a median of $48.4 million in 2022.
- Annual changes were most pronounced in 2022 — Payables soared 62371.14% — and 2023, when it slumped 99.74%.
- Magic Software Enterprises' Payables stood at $41.8 million in 2021, then gained by 15.62% to $48.4 million in 2022, then grew by 18.62% to $57.4 million in 2023, then decreased by 9.44% to $51.9 million in 2024, then surged by 33.73% to $69.5 million in 2025.
- The last three Payables figures came in at $69.5 million (Q3 2025), $23.6 million (Q2 2025), and $54.0 million (Q1 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 250,975,992.28 Bn | 250,975,991.00 Bn | 1.56 Bn | 651.00 Mn |
| 2 | International Business Machines | 267.32 Bn | 252.39 Bn | 8.95 Bn | 12.69 Bn |
| 3 | Wipro | 138.60 Bn | 137.44 Bn | 751.00 Mn | 1.04 Bn |
| 4 | Accenture | 109.98 Bn | 101.66 Bn | 16.30 Bn | 3.12 Bn |
| 5 | Cognizant Technology Solutions | 25.38 Bn | 23.86 Bn | 1.78 Bn | 396.00 Mn |
| 6 | Fidelity National Information Services | 21.09 Bn | 20.34 Bn | 1.11 Bn | 6.61 Bn |
| 7 | Broadridge Financial Solutions | 17.60 Bn | 17.30 Bn | 626.90 Mn | 1.14 Bn |
| 8 | Cdw | 17.16 Bn | 16.58 Bn | 1.19 Bn | 4.56 Bn |
| 9 | Leidos Holdings | 15.68 Bn | 15.27 Bn | 761.00 Mn | 2.15 Bn |
| 10 | Magic Software Enterprises | - | - | 45.50 Mn | 69.46 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 69.46 Mn |
| Jun 30, 2025 | 23.57 Mn |
| Mar 31, 2025 | 54.00 Mn |
| Dec 31, 2024 | 51.94 Mn |
| Sep 30, 2024 | 54.83 Mn |
| Jun 30, 2024 | 27.83 Mn |
| Mar 31, 2024 | 63.89 Mn |
| Dec 31, 2023 | 57.36 Mn |
| Sep 30, 2023 | 55.14 Mn |
| Jun 30, 2023 | 29.60 Mn |
| Mar 31, 2023 | 54.81 Mn |
| Dec 31, 2022 | 48.35 Mn |
| Sep 30, 2022 | 21.38 Bn |
| Jun 30, 2022 | 42.69 Mn |
| Mar 31, 2022 | 47.82 Mn |
| Dec 31, 2021 | 41.82 Mn |
| Sep 30, 2021 | 34.22 Mn |
| Jun 30, 2021 | 16.57 Mn |
| Mar 31, 2021 | 25.96 Mn |
| Dec 31, 2020 | 53.38 Mn |