Magic Software Enterprises (Magic Software Enterprises) Other Current Liabilities : $27.5 Mil (As of Sep. 2023)

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What is Magic Software Enterprises Other Current Liabilities?

Magic Software Enterprises's other current liabilities for the quarter that ended in Sep. 2023 was $27.5 Mil.

Magic Software Enterprises's quarterly other current liabilities declined from Mar. 2023 ($40.2 Mil) to Jun. 2023 ($28.4 Mil) and declined from Jun. 2023 ($28.4 Mil) to Sep. 2023 ($27.5 Mil).

Magic Software Enterprises's annual other current liabilities increased from Dec. 2020 ($5.0 Mil) to Dec. 2021 ($29.8 Mil) and increased from Dec. 2021 ($29.8 Mil) to Dec. 2022 ($46.5 Mil).

Magic Software Enterprises Other Current Liabilities Historical Data

The historical data trend for Magic Software Enterprises'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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Magic Software Enterprises Other Current Liabilities Chart

Magic Software Enterprises Annual Data

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Other Current Liabilities

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Magic Software Enterprises Quarterly Data
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Magic Software Enterprises 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.

Magic Software Enterprises Other Current Liabilities Related Terms

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Magic Software Enterprises (Magic Software Enterprises) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Magic Software Enterprises Ltd (NAS:MGIC) » Definitions » Other Current Liabilities

Comparable Companies

Traded in Other Exchanges

MGIC:Israel MGK:Germany MGK:Germany

Address

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

Website

https://www.magicsoftware.com

Magic Software Enterprises Ltd is a software development company. The company's operating segment includes Software Services and IT Professional Services. It generates maximum revenue from the IT Professional Services segment. IT Professional Services segment offers advanced and flexible IT services in the areas of infrastructure design and delivery, application development, technology planning and implementation services, communications services and solutions, as well as supplemental outsourcing services. Geographically, it derives a majority of revenue from the United States and also has a presence in Israel; Europe; Japan, and Other countries.