Formula Systems (FORTY)

16.00 -0.22 -1.36% May 25, 11:00PM Go Pro

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Formula Systems Days Payable Outstanding: 29.13

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FORTY Days Payable Outstanding Rankings

Overall	25th percentile	1799 of 2419
Sector	15th percentile	439 of 521 in Technology
Industry	6th percentile	14 of 15 in Business Software & Services

FORTY Days Payable Outstanding Range, Past 5 Years

Minimum	29.13	Dec 2011
Maximum	95.80	Jun 2007
Average	43.87

About Days Payable Outstanding

The average number of days it takes for a company to pay its suppliers. This is often used as a measure of efficiency.
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FORTY News

Magic Announces the Release of its Revolutionary Mobile Offering for the Development of Business Applications, with New Native Clients for iOS and Android Platforms
May 16, 6:15AM PR Newswire

Formula Systems Reports Strong Start to 2012 with Record-breaking First-Quarter Revenues of $178-Million and Operating Income of $14-Million
May 10, 3:20PM PR Newswire

Sapiens Q1 2012 Revenue Nearly Doubled Year Over Year Reaching $26 Million
May 08, 4:30AM PR Newswire

Magic Reports Strong Start to 2012 With Q1 Revenues of $30 Million and Net Income of $4.2 Million, an Increase of 35% Year Over Year
May 07, 2:23AM PR Newswire

Magic Showcases JD Edwards Integration with Microsoft SharePoint at COLLABORATE 12 Oracle Users Conference
Apr 23, 7:50AM PR Newswire

Magic's Report of Financial Results for the First Quarter of 2012 Scheduled for May 7, 2012
Apr 16, 9:57AM PR Newswire

Magic Announces Filing of 2011 Annual Report
Apr 03, 12:26PM PR Newswire

Magic Signs Official Distribution Agreement with Valorista, a Leading Spanish Software Vendor and an Affiliate Member of the Asseco Group
Apr 03, 4:04AM PR Newswire

Formula Systems Reports Fiscal Year Results for 2011 with an Increase of 17% in Revenues and an Increase of 134% in Net Income
Mar 15, 12:32PM PR Newswire

Haggie® Steel Wire Rope Uses Magic's Technology to Integrate its Legacy Application with SAP R/3
Mar 13, 4:46AM PR Newswire

Magic to Present at 24th Annual ROTH Conference
Mar 08, 2:06PM PR Newswire

Sapiens 2011 Revenue Increases 34% to $70 Million; Non-GAAP Net Income Grows 22% to $9.4 Million
Mar 07, 10:50AM Benzinga

Sapiens 2011 Revenue Increases 34% to $70 Million
Mar 07, 10:49AM PR Newswire

KDDI Chooses Magic's iBOLT Platform to Integrate Salesforce.com with Android Smartphones
Mar 01, 4:54AM PR Newswire

Sapiens International Corporation to Present at the 24th Annual ROTH Conference
Feb 27, 11:53AM PR Newswire

Cape plc Uses Magic's Mobile Enterprise Application Platform to Create an Integrated Business Solution for the Construction Industry
Feb 21, 3:16AM PR Newswire

Magic Reports Record-Breaking Annual Results for 2011 with Revenues of $113 Million and Net Income of $15 Million, an Increase of 60% Year over Year
Feb 14, 3:23AM PR Newswire

Magic Software Joins Leading Vendors of Solutions for JD Edwards Customers in the JDE Alliance
Jan 31, 6:16AM PR Newswire

Sapiens signs $27M 4-year frame agreement
Nov 27, 11:41AM FlyOnTheWall

Sapiens Signs $27m 4-Year Frame Agreement with Menorah-Mivtachim, one of the Largest Insurance Groups in Israel
Nov 27, 11:36AM PR Newswire

UPDATE 1-Asseco may start buyback in 2011, eyes buys, dividend
Nov 14, 10:30AM

Formula Systems 1985 Ltd (FORTY) Reports Q3 Earnings of $2.82
Nov 10, 6:22AM Street Insider

Formula Systems Ltd reports Q3 EPS 95c vs. 87c in Q3 of 2010
Nov 10, 6:04AM FlyOnTheWall

Formula Systems Reports Third Quarter Results for 2011
Nov 10, 4:12AM PR Newswire

Sapiens Reports Q3 2011 Results: Q3 Revenues Grow 35% Year Over Year
Nov 09, 5:57AM PR Newswire

Sapiens' Insight for Reinsurance solution selected by LB Group
Oct 11, 5:39AM FlyOnTheWall

LB Group Selects Sapiens Insight for Reinsurance Solution
Oct 11, 5:07AM PR Newswire

Sapiens International's RapidSure Policy Administration selected by Tokio Marine
Aug 31, 9:29AM FlyOnTheWall

Tokio Marine Management Selects Sapiens RapidSure Policy Administration and Reinsurance Solutions
Aug 31, 9:26AM Benzinga

Tokio Marine Management Selects Sapiens RapidSure Policy Administration and Reinsurance Solutions to Replace Legacy Environment
Aug 31, 9:24AM PR Newswire

Formula Systems (FORTY) Reports Q2 Earnings of $0.35; Revs Stronger Y/Y
Aug 18, 6:42AM Street Insider

Formula Systems Reports Second Quarter Results for 2011
Aug 18, 4:38AM PR Newswire

Sapiens Reports Q2 2011 Results: Q2 2011 Year Over Year Revenues Grow 14%; Net Income Grows 15%
Aug 10, 3:15AM PR Newswire

Sapiens, IDIT and FIS Sign Definitive Agreement to Merge; Merged Company to Become a Major Global Insurance Solutions Provider
Jul 21, 5:56AM PR Newswire

FORMULA SYSTEMS (1985) LTD Financials
Jun 18, 1:04PM

Allianz Suisse Selects Sapiens to Upgrade its Pension Systems
May 18, 2:15AM PR Newswire

Formula Systems Announces Distribution of Cash Dividend
May 17, 4:32AM PR Newswire

Asseco Poland's Q1 net profit up 1.8 pct
May 13, 12:02PM

Formula Systems Ltd reports Q1 net income $4.2M, down 13% from $4.8M year-ago
May 12, 7:24AM FlyOnTheWall

Formula Systems Reports First Quarter Results for 2011
May 12, 6:20AM PR Newswire

Are Formula Systems (1985)'s Earnings Worse Than They Look?
Apr 19, 2:04PM

Why the Street Should Love Adobe Systems' Earnings
Apr 04, 10:51AM Motley Fool

Poland's Asseco mulls Nasdaq issue with investors
Mar 16, 10:03AM

Benjamin Graham's Equation: Finding the Most Undervalued High Yield Dividend Stocks
Mar 14, 4:05PM

Watch $FORTY expanding revenue and returns nicely and stock is on fire over past 6 months
about 872 days ago by cep15

Recent Quotes

Symbol	Price	Chg	Chg %	Market Cap
FORTY	16.00	-0.22	-1.36%	226.24M
FORR	33.38	+0.07	+0.21%	755.14M
FORM	5.66	+0.01	+0.18%	280.30M
FORD	2.24	+0.14	+6.41%	17.05M
FOR	13.79	+0.01	+0.07%	477.61M
FONE	22.36	+0.06	+0.27%
FOLD	4.89	-0.10	-2.00%	222.80M
FOH	0.37	+0.00	+0.00%	14.40M
FOF	12.20	+0.11	+0.91%
FOE	4.61	+0.03	+0.66%	396.49M

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