Magic Software Enterprises Ltd. (MGIC)

Last Closing Price: 15.23 (2025-06-13)

Receiveable Turnover (Annual)

Receiveable Turnover: An accounting measure used to quantify a firm's effectiveness in extending credit as well as collecting debts. Calculated as: Total Revenues / Accounts Receivable

Magic Software Enterprises Ltd. (MGIC) had Receiveable Turnover of 3.77 for the most recently reported fiscal year, ending 2024-12-31.

Figures for fiscal year ending 2024-12-31
Income Statement Financials
$552.52M
$36.88M
$394.69M
$157.83M
$491.28M
$61.24M
$-6.62M
$54.62M
$54.62M
$43.29M
$43.29M
$43.29M
$43.29M
$61.24M
$81.97M
49.10M
49.10M
$0.75
$0.75
Balance Sheet Financials
$276.20M
$7.47M
$264.13M
$540.33M
$170.31M
$36.11M
$68.96M
$239.26M
$301.07M
$83.27M
$301.07M
49.10M
Cash Flow Statement Financials
$74.83M
$-22.61M
$-45.15M
$105.94M
$112.78M
$6.84M
$1.61M
$-17.89M
--
Fundamental Metrics & Ratios
1.62
--
--
0.11
0.20
28.56%
11.08%
11.08%
14.84%
9.89%
6.68%
$73.34M
--
--
--
1.02
--
Receiveable Turnover
3.77
96.90
14.38%
51.99%
8.01%
12.84%
$6.13
$1.49
$1.52