Magic Software Enterprises (FRA:MGK) Accounts Payable: €29.5 Mil (As of Sep. 2025)

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FRA:MGK Magic Software Enterprises Ltd FRA:MGK
90 GF Score
Price €16.10
GF Value €12.26
! 1 Warning Sign
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What is Magic Software Enterprises Accounts Payable?

Magic Software Enterprises FRA:MGK 90 Accounts Payable is €29.5 Mil as of Sep. 2025. GuruFocus rates FRA:MGK with a GF Score™ of 90/100 and a GF Value™ of €12.26. The stock has 1 warning sign investors should review.

Magic Software Enterprises's Accounts Payable for the quarter that ended in Sep. 2025 was €29.5 Mil.

Magic Software Enterprises's quarterly Accounts Payable declined from Mar. 2025 (€27.8 Mil) to Jun. 2025 (€22.0 Mil) but then increased from Jun. 2025 (€22.0 Mil) to Sep. 2025 (€29.5 Mil).

Magic Software Enterprises's annual Accounts Payable increased from Dec. 2022 (€26.1 Mil) to Dec. 2023 (€26.1 Mil) and increased from Dec. 2023 (€26.1 Mil) to Dec. 2024 (€27.5 Mil).

Magic Software Enterprises Accounts Payable Related Terms

Magic Software Enterprises Accounts Payable Historical Data

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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.

Magic Software Enterprises Accounts Payable Chart

Magic Software Enterprises Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.71 21.87 26.05 26.06 27.46

Magic Software Enterprises Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 25.06 27.46 27.81 21.99 29.47
FRA:MGK
90GF Score
Magic Software Enterprises Ltd FRA:MGK
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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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.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of €29.5 Mil mean?
Magic Software Enterprises (FRA:MGK) has a Accounts Payable of €29.5 Mil as of Sep. 2025. 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 Magic Software Enterprises and its competitors.
Is Magic Software Enterprises' Accounts Payable too high?
Magic Software Enterprises' current Accounts Payable is €29.5 Mil. Overall, Magic Software Enterprises has a GF Score™ of 90/100, reflecting its overall financial health beyond just this single metric.
How does Magic Software Enterprises' Accounts Payable compare to IBM and ACN?
Magic Software Enterprises' Accounts Payable of €29.5 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 Magic Software Enterprises and its competitors. Magic Software Enterprises's current Accounts Payable is €29.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magic Software Enterprises stock overvalued right now?
Magic Software Enterprises (FRA:MGK) has a current Accounts Payable of €29.5 Mil. The stock's GF Value™ is €12.26, compared to a current price of €16.10 — trading 31.3% above its estimated fair value. The current Accounts Payable is €29.5 Mil. Magic Software Enterprises' overall GF Score™ is 90/100 with 1 warning sign 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 Magic Software Enterprises (FRA:MGK), the current Accounts Payable is €29.5 Mil as of Sep. 2025. 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 Magic Software Enterprises (FRA:MGK) Overvalued in 2026?

Based on GuruFocus' analysis, Magic Software Enterprises stock appears to be overvalued. The current stock price of €16.10 is trading 31.3% above its estimated GF Value™ of €12.26.

Key valuation signals for FRA:MGK:

  • Accounts Payable: €29.5 Mil
  • GF Value™: €12.26 vs. price of €16.10 (31.3% above fair value)
  • GF Score™: 90/100 with 1 warning sign

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

Magic Software Enterprises Business Description

Address Yahadut Canada 1 Street, Terminal Center, Or Yehuda, ISR, 6037501
Magic Software Enterprises Ltd is a software development company. The company's operating segment includes Software Services and IT Professional Services. The company generates maximum revenue from the IT Professional Services segment. IT Professional Services segment offers 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.
90GF Score

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

€16.10
Price
€12.26
GF Value