Formula Systems Accounts Receivable (Quarterly) Analysis

Formula Systems (1985) Ltd (FORTY)

74.80 +0.20 (+0.27%) USD | NASDAQ | Apr 26, 16:00

75.75 +0.95 (+1.27%) After-Hours: 20:00

Accounts Receivable (Quarterly) Chart

Historical Accounts Receivable (Quarterly) Data

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Date	Value
September 30, 2023	692.80M
June 30, 2023	698.14M
March 31, 2023	717.78M
December 31, 2022	702.73M
September 30, 2022	668.39M
June 30, 2022	656.50M
March 31, 2022	675.98M
December 31, 2021	696.32M
September 30, 2021	610.81M
June 30, 2021	576.24M
March 31, 2021	555.56M
December 31, 2020	519.88M
September 30, 2020	476.33M
June 30, 2020	459.56M
March 31, 2020	479.47M
December 31, 2019	486.01M
September 30, 2019	470.46M
June 30, 2019	441.40M
March 31, 2019	434.72M
December 31, 2018	441.47M
September 30, 2018	416.59M
June 30, 2018	380.71M
March 31, 2018	374.46M
December 31, 2017	385.78M
September 30, 2017	359.04M

Date	Value
June 30, 2017	336.42M
March 31, 2017	325.04M
December 31, 2016	308.34M
September 30, 2016	263.28M
June 30, 2016	242.14M
March 31, 2016	250.56M
December 31, 2015	257.63M
September 30, 2015	182.79M
June 30, 2015	178.37M
March 31, 2015	173.93M
December 31, 2014	235.65M
September 30, 2014	140.70M
June 30, 2014	155.31M
March 31, 2014	156.83M
December 31, 2013	193.58M
September 30, 2013	198.46M
June 30, 2013	195.03M
March 31, 2013	189.92M
December 31, 2012	201.89M
September 30, 2012	212.07M
June 30, 2012	219.38M
March 31, 2012	230.98M
December 31, 2011	163.22M
September 30, 2011	169.98M
June 30, 2011	190.13M

Accounts Receivable Definition

Account used to record sales made "on account", meaning that the company has made a sale but has not collected payment. When company collects cash as payment, the corresponding account receivable is decreased.

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Accounts Receivable (Quarterly) Range, Past 5 Years

441.40M

Minimum

Jun 2019

717.78M

Maximum

Mar 2023

588.02M

Average

593.53M

Median

Accounts Receivable (Quarterly) Benchmarks