GURUFOCUS.COM » STOCK LIST » Technology » Software » Formula Systems (1985) Ltd (XTAE:FORTY) » Definitions » Total Operating Expense

Formula Systems (1985) (XTAE:FORTY) Total Operating Expense : ₪1,476 Mil (TTM As of Sep. 2024)


View and export this data going back to 2002. Start your Free Trial

What is Formula Systems (1985) Total Operating Expense?

Formula Systems (1985)'s Total Operating Expense for the three months ended in Sep. 2024 was ₪370 Mil. Formula Systems (1985)'s Total Operating Expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₪1,476 Mil.

Formula Systems (1985) Total Operating Expense Historical Data

The historical data trend for Formula Systems (1985)'s Total Operating Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Formula Systems (1985) Total Operating Expense Chart

Formula Systems (1985) Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 900.23 1,006.53 1,293.99 1,418.50 1,470.35

Formula Systems (1985) Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Total Operating Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 368.63 366.84 369.57 368.76 370.43

Formula Systems (1985) Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₪1,476 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Formula Systems (1985) Total Operating Expense Related Terms

Thank you for viewing the detailed overview of Formula Systems (1985)'s Total Operating Expense provided by GuruFocus.com. Please click on the following links to see related term pages.

Formula Systems (1985) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Formula Systems (1985) Ltd (XTAE:FORTY) » Definitions » Total Operating Expense
Comparable Companies
XTAE:HLAN XTAE:NYAX XTAE:MGIC XTAE:MLTM XTAE:CMDR XTAE:EMCO XTAE:SPDV XTAE:TNDO XTAE:UPSL ACN IBM NSE:TCS FI NSE:INFY NSE:HCLTECH FIS IT CTSH BOM:507685 TSE:6702
Traded in Other Exchanges
FORTY:USA FSY:Germany
Address
Yahadut Canada 1 Street, Or Yehuda, Tel Aviv, ISR, 6037501
Website
https://www.formulasystems.com
Formula Systems (1985) Ltd is a holding company that, through its subsidiaries, provides information technology services. The company organizes itself into operating segments: The Matrix segment, which generates the majority of revenue, provides software development and existing software expansion services. The Sapiens segment provides software development services for the insurance industry. The Magic Software segment provides vendor management systems and workforce management services, which include accounting and finance, human resources; Michpal; ZAP Group and Others. The majority of the company's revenue comes from Israel.