Sps Commerce (SPSC) Short-term Investments (2015 - 2024)
Sps Commerce (SPSC) posted quarterly Short-term Investments of $6.9 million for Q3 2024, down 88.57% year-over-year from $60.6 million in Q4 2023, and down 78.03% quarter-over-quarter from $31.6 million in Q2 2024.
Sps Commerce (SPSC) Short-term Investments (2015 - 2024) Analysis & Trends
Sps Commerce (SPSC) has reported Short-term Investments for 10 consecutive years, with $6.9 million the latest figure, recorded in Q3 2024.
- In Q3 2024, Short-term Investments fell 88.57% year-over-year to $6.9 million; the TTM figure through Sep 2024 stood at $6.9 million (down 88.57% YoY), while the FY2023 annual figure was $56.4 million, up 9.62% from the prior year.
- Short-term Investments fell to $6.9 million in Q3 2024 per SPSC's latest filing, from $31.6 million in the prior quarter.
- Across five years, Short-term Investments topped out at $60.9 million in Q2 2023 and bottomed at $6.9 million in Q3 2024.
- Historically, Short-term Investments has averaged $45.9 million across 5 years, with a median of $50.3 million in 2021.
- Annual changes were most pronounced in 2021 — Short-term Investments jumped 31.68% — and 2024, when it plunged 88.57%.
- Sps Commerce's Short-term Investments stood at $37.8 million in 2020, then surged by 31.68% to $49.8 million in 2021, then increased by 3.32% to $51.4 million in 2022, then gained by 9.62% to $56.4 million in 2023, then plunged by 87.7% to $6.9 million in 2024.
- Business Quant data shows SPSC's Short-term Investments at $6.9 million in Q3 2024, $31.6 million in Q2 2024, and $56.2 million in Q1 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn |
| 10 | Sps Commerce | 2.87 Bn | 2.70 Bn | 138.79 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 6.93 Mn |
| Jun 30, 2024 | 31.55 Mn |
| Mar 31, 2024 | 56.17 Mn |
| Dec 31, 2023 | 56.36 Mn |
| Sep 30, 2023 | 60.63 Mn |
| Jun 30, 2023 | 60.91 Mn |
| Mar 31, 2023 | 51.15 Mn |
| Dec 31, 2022 | 51.41 Mn |
| Sep 30, 2022 | 50.93 Mn |
| Jun 30, 2022 | 46.51 Mn |
| Mar 31, 2022 | 39.97 Mn |
| Dec 31, 2021 | 49.76 Mn |
| Sep 30, 2021 | 56.18 Mn |
| Jun 30, 2021 | 49.00 Mn |
| Mar 31, 2021 | 39.17 Mn |
| Dec 31, 2020 | 37.79 Mn |
| Sep 30, 2020 | 52.30 Mn |
| Mar 31, 2020 | 30.07 Mn |
| Dec 31, 2019 | 34.28 Mn |
| Sep 30, 2019 | 51.45 Mn |