Magic Software Enterprises Ltd (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.
Magic Software Enterprises Ltd (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 Comparison
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 | 51.94 Mn |
| Sep 30, 2024 | 76.02 Mn |
| Jun 30, 2024 | 71.16 Mn |
| Mar 31, 2024 | 80.76 Mn |
| Dec 31, 2023 | 57.36 Mn |
| Sep 30, 2023 | 70.97 Mn |
| Jun 30, 2023 | 75.35 Mn |
| Mar 31, 2023 | 66.96 Mn |
| Dec 31, 2022 | 48.35 Mn |
| Sep 30, 2022 | 67.46 Mn |
| Jun 30, 2022 | 60.87 Mn |
| Mar 31, 2022 | 67.39 Mn |
| Dec 31, 2021 | 41.82 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 |
Magic Software Enterprises Ltd 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_KEY
import 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();