Formula Systems (1985) (XTAE:FORTY) Accounts Payable: ₪1,124 Mil (As of Jun. 2026)

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XTAE:FORTY Formula Systems (1985) Ltd XTAE:FORTY
69 GF Score
Price ₪384.70
GF Value ₪419.48
Valuation Fairly Valued
! 4 Warning Signs
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What is Formula Systems (1985) Accounts Payable?

Formula Systems (1985) XTAE:FORTY -1.36% 69 Accounts Payable is ₪1,124 Mil as of Jun. 2026. GuruFocus rates XTAE:FORTY with a GF Score™ of 69/100 and a GF Value™ of ₪419.48 (Fairly Valued). The stock has 4 warning signs investors should review.

Formula Systems (1985)'s Accounts Payable for the quarter that ended in Jun. 2026 was ₪1,124 Mil.

Formula Systems (1985)'s quarterly Accounts Payable declined from Dec. 2025 (₪1,114 Mil) to Mar. 2026 (₪1,110 Mil) but then increased from Mar. 2026 (₪1,110 Mil) to Jun. 2026 (₪1,124 Mil).

Formula Systems (1985)'s annual Accounts Payable increased from Dec. 2023 (₪782 Mil) to Dec. 2024 (₪896 Mil) and increased from Dec. 2024 (₪896 Mil) to Dec. 2025 (₪1,114 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 622.36 672.70 782.05 895.62 1,113.65

Formula Systems (1985) Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 869.93 863.17 1,113.65 1,110.05 1,123.75
XTAE:FORTY
69GF Score
Formula Systems (1985) Ltd XTAE:FORTY
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 ₪1,124 Mil mean?
Formula Systems (1985) (XTAE:FORTY) has a Accounts Payable of ₪1,124 Mil as of Jun. 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 ₪1,124 Mil. Overall, Formula Systems (1985) has a GF Score™ of 69/100 and is considered Fairly Valued, 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 ₪1,124 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 ₪1,124 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) (XTAE:FORTY) is currently considered Fairly Valued. The stock's GF Value™ is ₪419.48, compared to a current price of ₪384.70 — trading 8.3% below its estimated fair value. The current Accounts Payable is ₪1,124 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) (XTAE:FORTY), the current Accounts Payable is ₪1,124 Mil as of Jun. 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) (XTAE:FORTY) Overvalued in 2026?

Based on GuruFocus' analysis, Formula Systems (1985) stock appears to be undervalued. The current stock price of ₪384.70 is trading 8.3% below its estimated GF Value™ of ₪419.48. GuruFocus considers Formula Systems (1985) to be Fairly Valued.

Key valuation signals for XTAE:FORTY:

  • Accounts Payable: ₪1,124 Mil
  • GF Value™: ₪419.48 vs. price of ₪384.70 (8.3% below fair value)
  • GF Score™: 69/100 with 4 warning signs

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

Formula Systems (1985) Business Description

Other Exchanges FORTY:USAFSY:Germany
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.

₪384.70
Price
₪419.48
GF Value