The Descartes Systems Group Inc.

The Descartes Systems Group Inc.verified

DSGX

Price:

$99.185

Market Cap:

$8.48B

The Descartes Systems Group Inc. provides cloud-based logistics and supply chain management business process solutions that focuses on enhancing the productivity, performance, and security of logistics-intensive businesses worldwide. Its Logistics Technology platform offers a range of modular, cloud-based, and interoperable web and wireless logistics management applications, which unites a community of logistics-focused parties, allowing them to transact business. The company provides a suite of solutions that include routing, mobile and telematics; transportation management and e-commerce enablement; customs and regulatory compliance; trade data; global logistics network services; and broke...[Read more]

Industry

Software - Application

IPO Date

1999-01-27

Stock Exchange

NASDAQ

Ticker

DSGX

The Current Ratio as of September 2024 (TTM) for The Descartes Systems Group Inc. (DSGX) is 1.79

According to The Descartes Systems Group Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.79. This represents a change of 0.56% compared to the average of 1.78 of the last 4 quarters.

The Descartes Systems Group Inc. (DSGX) Historical Current Ratio (quarterly & annually)

How has DSGX Current Ratio performed in the past?

The mean historical Current Ratio of The Descartes Systems Group Inc. over the last ten years is 1.87. The current 1.79 Current Ratio has changed 9.51% with respect to the historical average. Over the past ten years (40 quarters), DSGX's Current Ratio was at its highest in in the October 2014 quarter at 5.51. The Current Ratio was at its lowest in in the July 2019 quarter at 0.87.

Quarterly (TTM)
Annual

Average

1.87

Median

1.92

Minimum

1.03

Maximum

3.86

The Descartes Systems Group Inc. (DSGX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of The Descartes Systems Group 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 = 72.86%

Maximum Annual Current Ratio = 3.86

Minimum Annual Increase = -51.22%

Minimum Annual Current Ratio = 1.03

Quarterly (TTM)
Annual
YearCurrent RatioChange
20242.05-2.89%
20232.11-3.38%
20222.1912.38%
20211.9572.86%
20201.139.74%
20191.03-7.16%
20181.11-17.97%
20171.35-28.43%
20161.88-51.22%
20153.8655.15%

The Descartes Systems Group Inc. (DSGX) Average Current Ratio

How has DSGX Current Ratio performed in the past?

The current Current Ratio of The Descartes Systems Group Inc. (DSGX) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

2.12

5-year avg

1.89

10-year avg

1.87

The Descartes Systems Group Inc. (DSGX) Current Ratio vs. Peers

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

The Descartes Systems Group Inc.’s Current Ratio is greater than Momentive Global Inc. (0.90), less than Clearwater Analytics Holdings, Inc. (4.73), less than Expensify, Inc. (2.20), less than Model N, Inc. (3.82), greater than Envestnet, Inc. (1.14), less than Enfusion, Inc. (4.15), greater than Manhattan Associates, Inc. (1.15), greater than Tyler Technologies, Inc. (1.06), less than Aspen Technology, Inc. (2.60), greater than Bentley Systems, Incorporated (0.49), greater than Blackbaud, Inc. (0.80), greater than SS&C Technologies Holdings, Inc. (1.16), greater than Cvent Holding Corp. (0.66), greater than PROS Holdings, Inc. (1.19), greater than MiX Telematics Limited (1.22), less than MeridianLink, Inc. (1.98),

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