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GuruFocus has detected 3 Warning Signs with Aspen Technology Inc $AZPN.
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Aspen Technology Inc (NAS:AZPN)
Marketable Securities
$72.9 Mil (As of Dec. 2016)

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. 2016 was $72.9 Mil.

Aspen Technology Inc's quarterly marketable securities increased from Jun. 2016 ($3.0 Mil) to Sep. 2016 ($143.2 Mil) but then declined from Sep. 2016 ($143.2 Mil) to Dec. 2016 ($72.9 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).


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.

Please note, GuruFocus' marketable securities also includes "Other Short Term Investment".


Related Terms

Cash, Cash Equivalents, Marketable Securities, Cash and Cash Equivalents


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Aspen Technology Inc Annual Data

Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15Jun16
MarketableSecurities 0.00.00.00.00.00.057.067.659.23.0

Aspen Technology Inc Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
MarketableSecurities 72.472.771.859.251.829.99.03.0143.272.9
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