Magic Software Enterprises Accounts Receivable (Quarterly) Analysis

Magic Software Enterprises Ltd (MGIC)

11.71 -0.10 (-0.85%) USD | NASDAQ | May 01, 16:00

11.75 +0.04 (+0.34%) After-Hours: 20:00

Accounts Receivable (Quarterly) Chart

Historical Accounts Receivable (Quarterly) Data

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Date	Value
December 31, 2023	131.41M
September 30, 2023	121.31M
June 30, 2023	134.25M
March 31, 2023	149.34M
December 31, 2022	118.13M
September 30, 2022	143.78M
June 30, 2022	143.35M
March 31, 2022	151.03M
December 31, 2021	116.98M
September 30, 2021	123.17M
June 30, 2021	118.49M
March 31, 2021	113.87M
December 31, 2020	91.99M
September 30, 2020	99.80M
June 30, 2020	92.91M
March 31, 2020	94.09M
December 31, 2019	96.69M
September 30, 2019	96.32M
June 30, 2019	88.73M
March 31, 2019	94.13M
December 31, 2018	90.27M
September 30, 2018	83.41M
June 30, 2018	81.16M
March 31, 2018	82.87M
December 31, 2017	82.05M

Date	Value
September 30, 2017	77.18M
June 30, 2017	74.18M
March 31, 2017	68.13M
December 31, 2016	62.05M
September 30, 2016	59.92M
June 30, 2016	53.33M
March 31, 2016	52.12M
December 31, 2015	52.37M
September 30, 2015	48.25M
June 30, 2015	42.23M
March 31, 2015	39.55M
December 31, 2014	40.36M
September 30, 2014	39.37M
June 30, 2014	35.38M
March 31, 2014	37.36M
December 31, 2013	31.98M
September 30, 2013	30.60M
June 30, 2013	30.05M
March 31, 2013	29.46M
December 31, 2012	28.37M
September 30, 2012	27.40M
June 30, 2012	23.68M
March 31, 2012	25.64M
December 31, 2011	24.95M
September 30, 2011	21.81M

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

88.73M

Minimum

Jun 2019

151.03M

Maximum

Mar 2022

117.14M

Average

118.13M

Median

Dec 2022

Accounts Receivable (Quarterly) Benchmarks