Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the quick ratio (acid-test) high or low?
The quick ratio (acid-test) of 1.04 is in line with its 5-year average of 1.09, near the low end of its 5-year range (1.02–1.23).
As of the fiscal period ended Tuesday, September 30, 2025. 2.95% below its 12-month average of 1.07.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.04
QUICK RATIO (ACID-TEST) AVG TTM
1.07
QUICK RATIO (ACID-TEST) AVG 3Y
1.08
QUICK RATIO (ACID-TEST) AVG 5Y
1.08
QUICK RATIO (ACID-TEST) AVG 10Y
N/A
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-2.95%
CURRENT VS 3Y AVG
-3.62%
CURRENT VS 5Y AVG
-3.54%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
1.79
median of 99 covered companies
CURRENT VS SECTOR MEDIAN
-41.72%
vs the sector median at left
Market Cap
$11.08B
Quick Ratio (Acid-Test)
N/A
TTM Avg
1.27
3Y Avg
1.19
5Y Avg
1.20
Market Cap
$10.88B
Quick Ratio (Acid-Test)
2.13
TTM Avg
1.58
3Y Avg
1.27
5Y Avg
1.16
Market Cap
$11.73B
Quick Ratio (Acid-Test)
1.07
TTM Avg
1.10
3Y Avg
1.11
5Y Avg
1.11
Market Cap
$10.63B
Quick Ratio (Acid-Test)
1.94
TTM Avg
1.76
3Y Avg
2.72
5Y Avg
2.56
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Dayforce Inc (DAY) | $11.18B | 1.04 | 1.07 | 1.08 | 1.08 |
| Jack Henry & Associates, Inc. (JKHY)vs › | $11.08B | N/A | 1.27 | 1.19 | 1.20 |
| Rambus Inc. (RMBS)vs › | $11.01B | 9.08 | 7.87 | 6.60 | 6.15 |
| Applied Optoelectronics, Inc. (AAOI)vs › | $10.88B | 2.13 | 1.58 | 1.27 | 1.16 |
| DocuSign, Inc. (DOCU)vs › | $11.51B | N/A | 0.77 | 0.81 | 0.87 |
| HubSpot, Inc. (HUBS)vs › | $10.77B | N/A | 1.67 | 1.91 | 2.21 |
| Paycom Software, Inc. (PAYC)vs › | $11.73B | 1.07 | 1.10 | 1.11 | 1.11 |
| Skyworks Solutions, Inc. (SWKS)vs › | $10.63B | 1.94 | 1.76 | 2.72 | 2.56 |
| GoDaddy Inc. (GDDY)vs › | $12.06B | N/A | 0.67 | 0.61 | 0.63 |
| Nova Ltd. (NVMI)vs › | $12.49B | 1.39 | 3.69 | 3.21 | 3.79 |
Quick Ratio
1.04
Excludes inventory
Current Ratio
1.04
Includes inventory
Quick Ratio = (Current Assets − Inventory) / Current Liabilities
The quick ratio is a stricter liquidity measure that excludes inventory, showing the ability to meet short-term obligations with the most liquid assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | QUICK RATIO (ACID-TEST) |
|---|---|
| 2025-09-30 | 1.04 |
| 2025-06-30 | 1.04 |
| 2025-03-31 | 1.02 |
| 2024-12-31 | 1.13 |
| 2024-09-30 | 1.15 |
| 2024-06-30 | 1.11 |
| 2024-03-31 | 1.07 |
| 2023-12-31 | 1.12 |
| 2023-09-30 | 1.09 |
| 2023-06-30 | 1.10 |
| 2023-03-31 | 1.07 |
| 2022-12-31 | 1.07 |
| 2022-09-30 | 1.07 |
| 2022-06-30 | 1.06 |
| 2022-03-31 | 1.05 |
| 2021-12-31 | 1.11 |
| 2021-09-30 | 1.07 |
| 2021-06-30 | 1.11 |
| 2021-03-31 | 1.09 |
| 2020-12-31 | 1.07 |
| 2020-09-30 | 1.23 |
| 2020-06-30 | 1.22 |
| 2020-03-31 | 1.08 |
| 2019-12-31 | 1.07 |
| 2019-09-30 | 1.10 |
| 2019-06-30 | 1.06 |
| 2019-03-31 | 1.04 |
| 2018-12-31 | 1.06 |
| 2018-09-30 | 1.03 |
| 2018-06-30 | 1.03 |
| 2018-03-31 | 1.01 |
| 2017-12-31 | 1.01 |
| 2017-09-30 | 1.02 |
| 2017-06-30 | 0.00 |
| 2017-03-31 | 0.00 |
| 2016-12-31 | 1.02 |
| 2016-09-30 | 0.00 |
