Sapiens International NV (XTAE:SPNS) Ending Cash Position : ₪429 Mil (As of Mar. 2024)

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What is Sapiens International NV Ending Cash Position?

Sapiens International NV's Ending Cash Position for the quarter that ended in Mar. 2024 was ₪429 Mil.

Sapiens International NV's quarterly Ending Cash Position increased from Sep. 2023 (₪357 Mil) to Dec. 2023 (₪466 Mil) but then declined from Dec. 2023 (₪466 Mil) to Mar. 2024 (₪429 Mil).

Sapiens International NV's annual Ending Cash Position declined from Dec. 2021 (₪699 Mil) to Dec. 2022 (₪589 Mil) and declined from Dec. 2022 (₪589 Mil) to Dec. 2023 (₪466 Mil).

Sapiens International NV Ending Cash Position Historical Data

The historical data trend for Sapiens International NV's Ending Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Sapiens International NV Ending Cash Position Chart

Sapiens International NV Annual Data

Trend

Dec14

Dec15

Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Ending Cash Position

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243.56

560.50

698.94

588.88

465.55

Sapiens International NV Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Ending Cash Position	Get a 7-Day Free Trial															428.58	328.51	356.60	465.55	428.71

Sapiens International NV Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

Sapiens International NV's Ending Cash Position for the fiscal year that ended in Dec. 2023 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	588.878	+	-123.331
	=	466

Sapiens International NV's Ending Cash Position for the quarter that ended in Mar. 2024 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	465.547	+	-36.838
	=	429

Sapiens International NV Ending Cash Position Related Terms

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Sapiens International NV (XTAE:SPNS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sapiens International Corp NV (XTAE:SPNS) » Definitions » Ending Cash Position

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Traded in Other Exchanges

SPNS:USA S3P:Germany

Address

26 Harokmim Street, Azrieli Center, Holon, ISR, 5885800

Website

https://www.sapiens.com

Sapiens International Corp NV is a provider of software solutions for the insurance industry, with an emerging focus on the financial services sector. The company offers software, solutions and professional services for property & casualty (P&C); reinsurance; life, pension & annuity (L&A); workers' compensation (WC); medical professional liability (MPL); financial & compliance (F&C); and decision modelling for both insurance and financial markets. The group also provides services for project delivery and implementation services, for its Software Solutions portfolio. Geographically, it operates in the region of North America, United Kingdom, Israel, and other European countries and Rest of the World and derives the majority of its income from North American region.