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Aspen Technology, Inc. (NAS:AZPN)
Marketable Securities
$81.2 Mil (As of Dec. 2013)

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Aspen Technology, Inc.'s marketable securities for the quarter that ended in Dec. 2013 was $81.2 Mil.

Aspen Technology, Inc.'s quarterly marketable securities increased from Jun. 2013 ($57.0 Mil) to Sep. 2013 ($69.8 Mil) and increased from Sep. 2013 ($69.8 Mil) to Dec. 2013 ($81.2 Mil).

Aspen Technology, Inc.'s annual marketable securities stayed the same from Jun. 2011 ($0.0 Mil) to Jun. 2012 ($0.0 Mil) but then increased from Jun. 2012 ($0.0 Mil) to Jun. 2013 ($57.0 Mil).


Definition

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.


Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Aspen Technology, Inc. Annual Data

Jun04Jun05Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13
MarketableSecurities 0.00.00.00.00.00.00.00.00.057.0

Aspen Technology, Inc. Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
MarketableSecurities 0.00.00.00.00.00.030.557.069.881.2
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