Formula Systems (1985) (FRA:FSY) Accounts Payable: €318 Mil (As of Mar. 2026)


FRA:FSY Formula Systems (1985) Ltd FRA:FSY
69 GF Score
Price €87.50
GF Value €100.75
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Formula Systems (1985) Accounts Payable?

Formula Systems (1985) FRA:FSY -0.57% 69 Accounts Payable is €318 Mil as of Mar. 2026. GuruFocus rates FRA:FSY with a GF Score™ of 69/100 and a GF Value™ of €100.75 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Formula Systems (1985)'s Accounts Payable for the quarter that ended in Mar. 2026 was €318 Mil.

Formula Systems (1985)'s quarterly Accounts Payable increased from Sep. 2025 (€243 Mil) to Dec. 2025 (€315 Mil) and increased from Dec. 2025 (€315 Mil) to Mar. 2026 (€318 Mil).

Formula Systems (1985)'s annual Accounts Payable increased from Dec. 2023 (€237 Mil) to Dec. 2024 (€283 Mil) and increased from Dec. 2024 (€283 Mil) to Dec. 2025 (€315 Mil).


Formula Systems (1985) Accounts Payable Related Terms


Formula Systems (1985) Accounts Payable Historical Data

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The historical data trend for Formula Systems (1985)'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.

Formula Systems (1985) Accounts Payable Chart

Formula Systems (1985) Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 182.16 210.02 237.18 282.88 314.54

Formula Systems (1985) Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 262.60 249.45 243.23 314.54 317.57
FRA:FSY
69GF Score
Formula Systems (1985) Ltd FRA:FSY
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Formula Systems (1985) 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.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of €318 Mil mean?
Formula Systems (1985) (FRA:FSY) has a Accounts Payable of €318 Mil as of Mar. 2026. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Formula Systems (1985) and its competitors.
Is Formula Systems (1985)'s Accounts Payable too high?
Formula Systems (1985)'s current Accounts Payable is €318 Mil. Overall, Formula Systems (1985) has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Formula Systems (1985)'s Accounts Payable compare to IBM and ACN?
Formula Systems (1985)'s Accounts Payable of €318 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for a Software company?
A good Accounts Payable depends on the Software industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Formula Systems (1985) and its competitors. Formula Systems (1985)'s current Accounts Payable is €318 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formula Systems (1985) stock overvalued right now?
Based on GuruFocus' analysis, Formula Systems (1985) (FRA:FSY) is currently considered Modestly Undervalued. The stock's GF Value™ is €100.75, compared to a current price of €87.50 — trading 13.2% below its estimated fair value. The current Accounts Payable is €318 Mil. Formula Systems (1985)'s overall GF Score™ is 69/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For Formula Systems (1985) (FRA:FSY), the current Accounts Payable is €318 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Formula Systems (1985) (FRA:FSY) Overvalued in 2026?

Based on GuruFocus' analysis, Formula Systems (1985) stock appears to be undervalued. The current stock price of €87.50 is trading 13.2% below its estimated GF Value™ of €100.75. GuruFocus considers Formula Systems (1985) to be Modestly Undervalued.

Key valuation signals for FRA:FSY:

  • Accounts Payable: €318 Mil
  • GF Value™: €100.75 vs. price of €87.50 (13.2% below fair value)
  • GF Score™: 69/100 with 4 warning signs

No single metric tells the full story. See the FRA:FSY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Formula Systems (1985) Business Description

Other Exchanges FORTY:USAFORTY:Israel
Address Terminal Center, 1 Yahadut Canada Street, Or Yehuda, Tel Aviv, ISR, 6037501
Formula Systems (1985) Ltd is an information technology company that is principally engaged through its directly and indirectly held investees in providing software consulting services, selling and marketing computer-based business solutions and hardware products from a wide range of domestic and international manufacturers, as well as developing proprietary software solutions. It delivers solutions in Israel and in numerous countries to customers with complex IT services needs. It designs and implements IT solutions and software systems that improve the productivity of customers' existing IT assets, enable them to effectively manage their operations and reduce their business risks in the face of changing business environments.
69GF Score

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Accounts Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€87.50
Price
€100.75
GF Value