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Magic Software Enterprises (Magic Software Enterprises) Accounts Payable : $28.4 Mil (As of Dec. 2023)


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What is Magic Software Enterprises Accounts Payable?

Magic Software Enterprises's Accounts Payable for the quarter that ended in Dec. 2023 was $28.4 Mil.

Magic Software Enterprises's quarterly Accounts Payable declined from Jun. 2023 ($25.7 Mil) to Sep. 2023 ($24.3 Mil) but then increased from Sep. 2023 ($24.3 Mil) to Dec. 2023 ($28.4 Mil).

Magic Software Enterprises's annual Accounts Payable increased from Dec. 2021 ($24.7 Mil) to Dec. 2022 ($27.6 Mil) and increased from Dec. 2022 ($27.6 Mil) to Dec. 2023 ($28.4 Mil).

Magic Software Enterprises Accounts Payable Historical Data

The historical data trend for Magic Software Enterprises's Accounts Payable 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 Accounts Payable Chart

Magic Software Enterprises Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.99 14.25 24.71 27.60 28.42

Magic Software Enterprises Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Accounts Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.60 28.61 25.74 24.32 28.42

Magic Software Enterprises Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Magic Software Enterprises Accounts Payable 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 » Accounts Payable
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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.