Magic Software Enterprises

Magic Software Enterprises Days Payable Outstanding

Delisted

The Days Payable Outstanding (DPO) of Magic Software Enterprises (MGIC) as of Oct 21, 2026 is 26.59. In the previous year, Days Payable Outstanding (DPO) was 27.15 — a change of -2.05% (lower).

Days Payable Outstanding

26.59

YoY

-2.05%

Last updated:

Days Payable Outstanding (DPO) of Magic Software Enterprises is 2024 26.59 . Days Payable Outstanding (DPO) of Magic Software Enterprises was 2023 27.15 . It decreases by -2.05% lower compared to the previous year.

The Magic Software Enterprises Days Payable Outstanding history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Days Payable Outstanding
Date
Days Payable Outstanding
Jan 1, 2017
25.20 USD
Jan 1, 2018
26.20 USD
Jan 1, 2019
17.95 USD
Jan 1, 2020
19.88 USD
Jan 1, 2021
25.97 USD
Jan 1, 2022
24.48 USD
Jan 1, 2023
27.15 USD
Jan 1, 2024
26.59 USD
The Magic Software Enterprises Days Payable Outstanding history
YEARDays Payable OutstandingYoY
26.59-2.05%
27.15+10.88%
24.48-5.72%
25.97+30.61%
19.88+10.78%
17.95-31.49%
26.20+3.94%
25.20+9.65%
22.98+12.62%
20.41+44.43%
14.13—

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Magic Software Enterprises Stock analysis

What does Magic Software Enterprises do? Magic Software Enterprises Ltd is an international company specializing in the development and distribution of integration and application platforms for businesses. It was founded in 1983 by David Assia and Yaki Dunietz in Israel, where its headquarters are still located today. The company has experienced continuous expansion throughout its history, with international operations established after going public in 1991 and the opening of offices in the USA, Europe, Latin America, and Asia. Through acquisitions and strategic partnerships, Magic Software Enterprises Ltd has expanded its portfolio and strengthened its market position. The company's business model is based on developing solutions for integrating various applications and systems, utilizing platforms such as the Magic xpa Application Platform and Magic xpi Integration Platform for various industries and application areas. Over 5,000 customers in more than 50 countries, including IBM, Nestlé, and Siemens, use Magic Software Enterprises Ltd's solutions. The Professional Services division specializes in developing customized solutions, providing consulting and support services, offering training and certifications for developers and partners, fostering knowledge transfer and collaboration with customers. In the field of application platforms, Magic Software Enterprises Ltd offers different solutions that enable developers to quickly and easily create applications. The Magic xpa Application Platform is a low-code development platform that allows companies to rapidly and reliably deploy applications, including integration with existing applications and systems. The Magic xpi Integration Platform is a powerful solution for integrating applications and systems, facilitating fast and reliable integration and automation. It supports a variety of standards and technologies and can be deployed in both cloud-based and on-premises installations. Additionally, Magic Software Enterprises Ltd provides specialized solutions, such as the Magic xpi for Salesforce Integration Platform, which seamlessly integrates Salesforce with different applications and systems. In the area of data integration, Magic Software Enterprises Ltd offers the iBOLT for SAP HANA Solutions Suite. In conclusion, Magic Software Enterprises Ltd is an experienced and successful company specializing in the development and distribution of integration and application platforms. It focuses on innovative solutions and close collaboration with customers and partners, helping companies efficiently and reliably integrate and automate their applications and systems. Magic Software Enterprises is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Magic Software Enterprises stock

Days Payable Outstanding (DPO) of Magic Software Enterprises is 26.59 in 2024.

Days Payable Outstanding (DPO) of Magic Software Enterprises changed from 27.15 to 26.59, representing a -2.05% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Days Payable Outstanding (DPO) Magic Software Enterprises since 2006 – with annual values, charts, and detailed analysis.

DPO measures the average number of days a company takes to pay its suppliers. Higher DPO can improve cash flow but may strain supplier relationships.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Days Payable Outstanding (DPO)'s Magic Software Enterprises with sector peers and the industry average to assess whether it is attractive.

To evaluate Days Payable Outstanding (DPO)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Days Payable Outstanding (DPO).

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Profitability — Magic Software Enterprises

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