Alight (ALIT) Short-term Investments (2021 - 2024)
Alight's (ALIT) quarterly Short-term Investments came in at $56.0 million in Q1 2024, down 22.22% year-over-year from $72.0 million in Q2 2023, and down 6.67% quarter-over-quarter from $60.0 million in Q4 2023.
Analysis
Alight (ALIT) Short-term Investments (2021 - 2024) Analysis & Trends
Alight has disclosed Short-term Investments across 4 years of filings, most recently posting $56.0 million for Q1 2024.
- In Q1 2024, Short-term Investments fell 22.22% year-over-year to $56.0 million; the TTM figure through Mar 2024 stood at $56.0 million (down 22.22% YoY), while the FY2023 annual figure was $60.0 million, down 16.67% from the prior year.
- Short-term Investments came in at $56.0 million for Q1 2024 at Alight, down from $60.0 million in the prior quarter.
- In the past five years, Short-term Investments ranged from a high of $81.0 million in Q2 2023 to a low of $1.0 million in Q4 2021.
- Average Short-term Investments over 4 years is $53.7 million, with a median of $60.0 million recorded in 2022.
- Year-over-year, Short-term Investments surged 7100.0% in 2022 and slipped 22.22% in 2024.
- Over 4 years, Short-term Investments stood at $1.0 million in 2021, then surged by 7100.0% to $72.0 million in 2022, then dropped by 16.67% to $60.0 million in 2023, then retreated by 6.67% to $56.0 million in 2024.
- Per Business Quant data, the three most recent Short-term Investments figures were $56.0 million in Q1 2024, $60.0 million in Q4 2023, and $78.0 million in Q3 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Automatic Data Processing | 110.44 Bn | 106.21 Bn | 2.51 Bn |
| 2 | Paychex | 43.28 Bn | 42.14 Bn | 1.19 Bn |
| 3 | Paycom Software | 10.27 Bn | 10.07 Bn | 412.40 Mn |
| 4 | Paylocity Holding | 8.11 Bn | 7.84 Bn | 300.38 Mn |
| 5 | Kanzhun | 7.88 Bn | 5.57 Bn | 306.38 Mn |
| 6 | Alight | 393.98 Mn | 180.98 Mn | 142.00 Mn |
| 7 | Asure Software | 267.49 Mn | 247.81 Mn | 25.06 Mn |
| 8 | Dhi | 194.97 Mn | 191.20 Mn | 25.04 Mn |
| 9 | CXApp | 5.71 Mn | 5.71 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 56.00 Mn |
| Dec 31, 2023 | 60.00 Mn |
| Sep 30, 2023 | 78.00 Mn |
| Jun 30, 2023 | 81.00 Mn |
| Mar 31, 2023 | 72.00 Mn |
| Dec 31, 2022 | 72.00 Mn |
| Sep 30, 2022 | 60.00 Mn |
| Jun 30, 2022 | 39.00 Mn |
| Mar 31, 2022 | 18.00 Mn |
| Dec 31, 2021 | 1.00 Mn |