PC Connection, Inc.

PC Connection, Inc.verified

CNXN

Price:

$74.17

Market Cap:

$1.95B

PC Connection, Inc., together with its subsidiaries, provides various information technology (IT) solutions. The company operates through three segments: Business Solutions, Enterprise Solutions, and Public Sector Solutions. It offers IT products, including computer systems, data center solutions, software and peripheral equipment, networking communications, and other products and accessories, as well as provides services related to design, configuration, and implementation of IT solutions. The company markets its products and services through its websites comprising connection.com, connection.com/enterprise, connection.com/publicsector, and macconnection.com. It serves small to medium-sized...[Read more]

Industry

Technology Distributors

IPO Date

1998-03-03

Stock Exchange

NASDAQ

Ticker

CNXN

The Current Ratio as of September 2024 (TTM) for PC Connection, Inc. (CNXN) is 2.95

According to PC Connection, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.95. This represents a change of -7.31% compared to the average of 3.19 of the last 4 quarters.

PC Connection, Inc. (CNXN) Historical Current Ratio (quarterly & annually)

How has CNXN Current Ratio performed in the past?

The mean historical Current Ratio of PC Connection, Inc. over the last ten years is 2.65. The current 2.95 Current Ratio has changed 11.03% with respect to the historical average. Over the past ten years (40 quarters), CNXN's Current Ratio was at its highest in in the March 2024 quarter at 3.53. The Current Ratio was at its lowest in in the June 2016 quarter at 2.33.

Quarterly (TTM)
Annual

Average

2.65

Median

2.51

Minimum

2.43

Maximum

3.20

PC Connection, Inc. (CNXN) Current Ratio by Quarter and Year

Discovering the peaks and valleys of PC Connection, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 23.57%

Maximum Annual Current Ratio = 3.20

Minimum Annual Increase = -10.48%

Minimum Annual Current Ratio = 2.43

Quarterly (TTM)
Annual
YearCurrent RatioChange
20233.204.10%
20223.0723.57%
20212.49-0.95%
20202.51-0.14%
20192.51-2.43%
20182.583.69%
20172.482.29%
20162.43-2.48%
20152.49-10.48%
20142.787.76%

PC Connection, Inc. (CNXN) Average Current Ratio

How has CNXN Current Ratio performed in the past?

The current Current Ratio of PC Connection, Inc. (CNXN) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

2.92

5-year avg

2.76

10-year avg

2.65

PC Connection, Inc. (CNXN) Current Ratio vs. Peers

How is CNXN’s Current Ratio compared to its peers?

PC Connection, Inc.’s Current Ratio is greater than ScanSource, Inc. (2.10), greater than Insight Enterprises, Inc. (1.22), greater than Snap One Holdings Corp. (2.48), greater than Avnet, Inc. (2.32), greater than TD SYNNEX Corporation (1.26), greater than Arrow Electronics, Inc. (1.48), greater than Climb Global Solutions, Inc. (1.10),

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