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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 Mar. 2014 was $75.4 Mil.
Aspen Technology Inc's quarterly marketable securities increased from Sep. 2013 ($69.8 Mil) to Dec. 2013 ($81.2 Mil) but then declined from Dec. 2013 ($81.2 Mil) to Mar. 2014 ($75.4 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).
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.
Aspen Technology Inc Annual Data
Aspen Technology Inc Quarterly Data