Magic Software Enterprises (XTAE:MGIC) Accounts Payable : ₪101 Mil (As of Mar. 2024)

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What is Magic Software Enterprises Accounts Payable?

Magic Software Enterprises's Accounts Payable for the quarter that ended in Mar. 2024 was ₪101 Mil.

Magic Software Enterprises's quarterly Accounts Payable increased from Sep. 2023 (₪91 Mil) to Dec. 2023 (₪106 Mil) but then declined from Dec. 2023 (₪106 Mil) to Mar. 2024 (₪101 Mil).

Magic Software Enterprises's annual Accounts Payable increased from Dec. 2021 (₪92 Mil) to Dec. 2022 (₪103 Mil) and increased from Dec. 2022 (₪103 Mil) to Dec. 2023 (₪106 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

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40.93

53.07

92.03

102.78

105.82

Magic Software Enterprises Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable	Get a 7-Day Free Trial															106.54	95.86	90.57	105.82	101.02

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 (XTAE:MGIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Magic Software Enterprises Ltd (XTAE:MGIC) » Definitions » Accounts Payable

Comparable Companies

Traded in Other Exchanges

MGIC:USA 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.