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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 Jun. 2016 was $3.0 Mil.
Aspen Technology Inc's quarterly marketable securities declined from Dec. 2015 ($29.9 Mil) to Mar. 2016 ($9.0 Mil) and declined from Mar. 2016 ($9.0 Mil) to Jun. 2016 ($3.0 Mil).
Aspen Technology Inc's annual marketable securities declined from Jun. 2014 ($67.6 Mil) to Jun. 2015 ($59.2 Mil) and declined from Jun. 2015 ($59.2 Mil) to Jun. 2016 ($3.0 Mil).
Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.
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.
Please note, GuruFocus' marketable securities also includes "Other Short Term Investment".
Aspen Technology Inc Annual Data
Aspen Technology Inc Quarterly Data