Sps Commerce (SPSC) Short-term Investments (2015 - 2024)
Sps Commerce's (SPSC) quarterly Short-term Investments came in at $6.9 million in Q3 2024, down 88.57% year-on-year from $60.6 million in Q4 2023, and down 78.03% on a QoQ basis from $31.6 million in Q2 2024.
Sps Commerce (SPSC) Short-term Investments (2015 - 2024) Analysis & Trends
Sps Commerce (SPSC) has 10 years of Short-term Investments data on file, last reported at $6.9 million in Q3 2024.
- On a quarterly basis, Short-term Investments fell 88.57% year-over-year to $6.9 million in Q3 2024; TTM through Sep 2024 was $6.9 million, a 88.57% decrease from a year earlier, with the FY2023 full-year figure at $56.4 million, up 9.62% from the prior year.
- Short-term Investments for Q3 2024 stood at $6.9 million, down from $31.6 million in the prior quarter.
- Over the last five years, Short-term Investments for SPSC reached as high as $60.9 million in Q2 2023 and fell as low as $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.
- Across the five-year window, Short-term Investments surged 31.68% in 2021 and slumped 88.57% in 2024, its largest moves.
- Year by year, Short-term Investments stood at $37.8 million in 2020, then jumped by 31.68% to $49.8 million in 2021, then gained by 3.32% to $51.4 million in 2022, then climbed by 9.62% to $56.4 million in 2023, then plunged by 87.7% to $6.9 million in 2024.
- Per Business Quant data, the three most recent Short-term Investments figures were $6.9 million in Q3 2024, $31.6 million in Q2 2024, and $56.2 million in Q1 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn |
| 10 | Sps Commerce | 2.37 Bn | 2.22 Bn | 132.90 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 |