Magic Software Enterprises

Magic Software Enterprises Receivables

Delisted

The Accounts Receivable of Magic Software Enterprises (MGIC) as of Oct 10, 2026 is 131.10 M USD. In the previous year, Accounts Receivable was 148.50 M USD — a change of -11.72% (lower).

Receivables

131.10 MUSD

YoY

-11.72%

Last updated:

Accounts Receivable of Magic Software Enterprises is 2023 131.10 M USD. Accounts Receivable of Magic Software Enterprises was 2022 148.50 M USD. It decreases by -11.72% lower compared to the previous year.

The Magic Software Enterprises Receivables history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Receivables
Date
Receivables
Jan 1, 2016
62.00 M USD
Jan 1, 2017
82.10 M USD
Jan 1, 2018
90.30 M USD
Jan 1, 2019
96.70 M USD
Jan 1, 2020
111.10 M USD
Jan 1, 2021
142.10 M USD
Jan 1, 2022
148.50 M USD
Jan 1, 2023
131.10 M USD
The Magic Software Enterprises Receivables history
YEARReceivablesYoY
131.10 MUSD-11.72%
148.50 MUSD+4.50%
142.10 MUSD+27.90%
111.10 MUSD+14.89%
96.70 MUSD+7.09%
90.30 MUSD+9.99%
82.10 MUSD+32.42%
62.00 MUSD+18.32%
52.40 MUSD+29.70%
40.40 MUSD—
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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

Accounts Receivable of Magic Software Enterprises is 131.10 M USD in 2023.

Accounts Receivable of Magic Software Enterprises changed from 148.50 M USD to 131.10 M USD, representing a -11.72% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Accounts Receivable Magic Software Enterprises since 2006 – with annual values, charts, and detailed analysis.

Receivables represent money owed to the company by customers for goods or services delivered. High receivables relative to revenue may indicate collection issues.

Accounts Receivable's USD is a key factor for investors. Changes in this metric can signal improving or deteriorating fundamentals, directly impacting the stock price. On Eulerpool, you can track Accounts Receivable's Magic Software Enterprises historically and in real time.

Access this data via the Eulerpool API

Balance Sheet — Magic Software Enterprises

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