CSIMarket
 


Gse Systems Inc   (GVP)
Other Ticker:  
 
    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology

Gse Systems Inc 's Working Capital Ratio

GVP's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth


Current Liabilities decreased faster than Gse Systems Inc 's Current Assets, this led to improvement in Gse Systems Inc 's Working Capital Ratio to 1.2, Working Capital Ratio remained below Gse Systems Inc average.

Within Software & Programming industry 102 other companies have achieved higher Working Capital Ratio than Gse Systems Inc in second quarter 2023. While Working Capital Ratio total ranking has improved so far during the II Quarter 2023 to 2866, from total ranking in the first quarter 2023 at 3339.

Explain Working Capital Ratio
How much in Current Assets GVP´s has?
What is the value of GVP´s Current Liabilities?


GVP Working Capital Ratio (Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
(Jun 30 2022)
II. Quarter
Y / Y Current Liabilities Change 2.18 % 1.69 % -23.61 % 8.34 % -47.78 %
Y / Y Current Assets Change -26.31 % -33.01 % -19.93 % -23.05 % -11.92 %
Working Capital Ratio MRQ 1.2 1.17 1.4 1.49 1.66
GVP's Total Ranking # 2866 # 3339 # 3247 # 3021 # 2918
Seq. Current Liabilities Change -3.92 % 0.65 % 4.41 % 1.2 % -4.38 %
Seq. Current Assets Change -1.6 % -15.92 % -2.2 % -8.93 % -10.54 %



Working Capital Ratio second quarter 2023 Company Ranking
Within: No.
Software & Programming Industry # 103
Technology Sector # 384
Overall Market # 2866


Working Capital Ratio Statistics
High Average Low
2.99 1.77 0.85
(Dec 31 2018)   (Mar 31 2020)




Financial Statements
Gse Systems Inc 's Current Liabilities $ 11 Millions Visit GVP's Balance sheet
Gse Systems Inc 's Current Assets $ 13 Millions Visit GVP's Balance sheet
Source of GVP's Sales Visit GVP's Sales by Geography


Cumulative Gse Systems Inc 's Working Capital Ratio

GVP's Working Capital Ratio for the trailling 12 Months

GVP Working Capital Ratio

(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
(Jun 30 2022)
II. Quarter
Y / Y Current Liabilities TTM Growth 2.18 % 1.69 % -23.61 % 8.34 % -47.78 %
Y / Y Current Assets TTM Growth -26.31 % -33.01 % -19.93 % -23.05 % -11.92 %
Working Capital Ratio TTM 1.31 1.43 1.58 1.55 1.68
Total Ranking TTM # 3358 # 2815 # 4366 # 2976 # 3295
Seq. Current Liabilities TTM Growth -3.92 % 0.65 % 4.41 % 1.2 % -4.38 %
Seq. Current Assets TTM Growth -1.6 % -15.92 % -2.2 % -8.93 % -10.54 %


On the trailing twelve months basis Due to decrease in Current Liabilities in the II Quarter 2023 to $11.11 millions, cumulative Working Capital Ratio decreased to 1.31 below the Gse Systems Inc average Working Capital Ratio.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Software & Programming industry 165 other companies have achieved higher Working Capital Ratio than Gse Systems Inc . While Working Capital Ratio total ranking has deteriorated compared to the previous twelve months ending in the first quarter 2023 from 2815 to 3358.

Explain Working Capital Ratio
How much in Current Assets GVP´s has?
What is the value of GVP´s Current Liabilities?

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Software & Programming Industry # 166
Technology Sector # 537
Within the Market # 3358


trailing twelve months Working Capital Ratio Statistics
High Average Low
2.5 1.42 0.86
(June 30. 2014)   (Jun 30 2021)




Companies with similar Working Capital Ratio in the quarter ending Jun 30 2023, within Software & Programming Industry Working Capital RatioJun 30 2023 MRQ Current AssetsJun 30 2023 MRQ Current Liabilities
N able Inc   3.26 $ 183.637  Millions$ 56.264  Millions
Cadence Design Systems Inc   3.22 $ 1,643.050  Millions$ 510.007  Millions
Arqit Quantum inc   3.22 $ 86.349  Millions$ 26.818  Millions
Altair Engineering Inc   3.12 $ 586.781  Millions$ 187.838  Millions
Hopto Inc   2.97 $ 6.252  Millions$ 2.104  Millions
On24 Inc   2.95 $ 291.589  Millions$ 98.952  Millions
Guidewire Software Inc   2.95 $ 1,099.603  Millions$ 373.261  Millions
Expensify Inc   2.95 $ 181.649  Millions$ 61.676  Millions
Coursera Inc   2.94 $ 837.008  Millions$ 284.675  Millions
Intellicheck Inc   2.94 $ 12.607  Millions$ 4.295  Millions
American Software Inc   2.88 $ 144.706  Millions$ 50.187  Millions
Definitive Healthcare Corp   2.84 $ 421.042  Millions$ 148.127  Millions
Semrush Holdings Inc   2.84 $ 252.338  Millions$ 88.833  Millions
Monday com Ltd   2.82 $ 1,173.142  Millions$ 416.013  Millions
Microsoft Corporation  2.81 $ 149,553.000  Millions$ 53,248.000  Millions
Appfolio Inc   2.80 $ 209.482  Millions$ 74.711  Millions
Clps Incorporation  2.77 $ 72.874  Millions$ 26.314  Millions
Skkynet Cloud Systems Inc   2.57 $ 1.198  Millions$ 0.467  Millions
Amplitude Inc   2.56 $ 352.689  Millions$ 137.987  Millions
Pagerduty Inc   2.52 $ 602.888  Millions$ 239.575  Millions
Cerence Inc   2.50 $ 219.134  Millions$ 87.620  Millions
National Instruments Corp  2.49 $ 1,054.744  Millions$ 424.399  Millions
Unity Software Inc   2.46 $ 2,394.364  Millions$ 975.066  Millions
Consensus Cloud Solutions Inc   2.40 $ 155.834  Millions$ 64.970  Millions
Alarum Technologies Ltd   2.39 $ 13.265  Millions$ 5.560  Millions
Evercommerce Inc   2.36 $ 177.907  Millions$ 75.429  Millions
Braze Inc   2.31 $ 574.035  Millions$ 248.468  Millions
Snowflake Inc   2.30 $ 4,404.951  Millions$ 1,913.312  Millions
Fdctech Inc   2.27 $ 4.127  Millions$ 1.820  Millions
Xperi Inc   2.26 $ 288.069  Millions$ 127.216  Millions

Date modified: 2023-08-20T16:03:50+00:00



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com