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Aspen Technology Inc (NAS:AZPN)
Marketable Securities
$75.4 Mil (As of Mar. 2014)

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).


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

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
MarketableSecurities 0.00.00.00.00.030.557.069.881.275.4
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