Formula Systems (1985) (Formula Systems (1985)) Other Current Liabilities : $240 Mil (As of Sep. 2023)

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What is Formula Systems (1985) Other Current Liabilities?

Formula Systems (1985)'s other current liabilities for the quarter that ended in Sep. 2023 was $240 Mil.

Formula Systems (1985)'s quarterly other current liabilities declined from Mar. 2023 ($274 Mil) to Jun. 2023 ($247 Mil) and declined from Jun. 2023 ($247 Mil) to Sep. 2023 ($240 Mil).

Formula Systems (1985)'s annual other current liabilities increased from Dec. 2020 ($235 Mil) to Dec. 2021 ($255 Mil) and increased from Dec. 2021 ($255 Mil) to Dec. 2022 ($289 Mil).

Formula Systems (1985) Other Current Liabilities Historical Data

The historical data trend for Formula Systems (1985)'s Other Current Liabilities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Formula Systems (1985) Other Current Liabilities Chart

Formula Systems (1985) Annual Data

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Other Current Liabilities

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Formula Systems (1985) Quarterly Data
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Formula Systems (1985) Other Current Liabilities Calculation

The liability a company needs to pay in the next 12 months, but not assigned to Accounts Payable or Debt. For instance, Wal-Mart (WMT) has accrued wages, salaries, valuation, bonuses, insurance liabilities, accrued tax etc. These are all included in other current liabilities.

Formula Systems (1985) Other Current Liabilities Related Terms

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Formula Systems (1985) (Formula Systems (1985)) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Formula Systems (1985) Ltd (NAS:FORTY) » Definitions » Other Current Liabilities

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FORTY:Israel FSY:Germany FSY:Germany

Address

Yahadut Canada 1 Street, Or Yehuda, Tel Aviv, ISR, 6037501

Website

https://www.formulasystems.com

Formula Systems (1985) Ltd is a holding company that, through its subsidiaries, provides information technology services. The company organizes itself into three primary segments based on the subsidiary. The Matrix segment, which generates the majority of revenue, provides software development and existing software expansion services. The Sapiens segment provides software development services for the insurance industry. The Magic Software segment provides vendor management systems and workforce management services, which include accounting and finance, human resources, IT technology, and marketing and sales. Michpal; ZAP Group and Others. The majority of the company's revenue comes from Israel.