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 1.21 is 18% below its 5-year average of 1.48, near the low end of its 5-year range (1.01–1.96).
As of the fiscal period ended Friday, March 27, 2026. 7.55% below its 12-month average of 1.31.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.21
QUICK RATIO (ACID-TEST) AVG TTM
1.31
QUICK RATIO (ACID-TEST) AVG 3Y
1.54
QUICK RATIO (ACID-TEST) AVG 5Y
1.48
QUICK RATIO (ACID-TEST) AVG 10Y
1.28
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-7.55%
CURRENT VS 3Y AVG
-21.31%
CURRENT VS 5Y AVG
-18.15%
CURRENT VS 10Y AVG
-5.20%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
1.58
median of 177 covered companies
CURRENT VS SECTOR MEDIAN
-23.33%
vs the sector median at left
Ichor Holdings, Ltd.
Market Cap
$3.02B
Quick Ratio (Acid-Test)
1.21
TTM Avg
1.31
3Y Avg
1.54
5Y Avg
1.48
Market Cap
$2.99B
Quick Ratio (Acid-Test)
2.01
TTM Avg
2.18
3Y Avg
2.64
5Y Avg
3.23
Market Cap
$3.15B
Quick Ratio (Acid-Test)
3.20
TTM Avg
2.95
3Y Avg
2.46
5Y Avg
2.47
Market Cap
$2.57B
Quick Ratio (Acid-Test)
5.52
TTM Avg
5.69
3Y Avg
3.57
5Y Avg
2.72
Market Cap
$3.93B
Quick Ratio (Acid-Test)
2.50
TTM Avg
2.58
3Y Avg
2.77
5Y Avg
2.69
Market Cap
$4.33B
Quick Ratio (Acid-Test)
1.58
TTM Avg
1.56
3Y Avg
1.23
5Y Avg
1.32
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ichor Holdings, Ltd. (ICHR) | $3.02B | 1.21 | 1.31 | 1.54 | 1.48 |
| Ambarella, Inc. (AMBA)vs › | $2.99B | 2.01 | 2.18 | 2.64 | 3.23 |
| Veeco Instruments Inc. (VECO)vs › | $3.15B | 3.20 | 2.95 | 2.46 | 2.47 |
| Keel Infrastructure Corp. (KEEL)vs › | $2.57B | 5.52 | 5.69 | 3.57 | 2.72 |
| Itron, Inc. (ITRI)vs › | $3.73B | 1.56 | 2.24 | 1.78 | 1.61 |
| AXT, Inc. (AXTI)vs › | $2.19B | 1.82 | 1.41 | 1.27 | 1.66 |
| monday.com Ltd. (MNDY)vs › | $3.93B | 2.50 | 2.58 | 2.77 | 2.69 |
| Box, Inc. (BOX)vs › | $4.02B | 1.05 | 1.12 | 1.15 | 1.22 |
| Bill.com Holdings, Inc. (BILL)vs › | $4.33B | 1.58 | 1.56 | 1.23 | 1.32 |
| Asana, Inc. (ASAN)vs › | $1.63B | 1.18 | 1.31 | 1.60 | 1.79 |
Quick Ratio
1.21
Excludes inventory
Current Ratio
3.16
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) |
|---|---|
| 2026-03-27 | 1.21 |
| 2025-12-26 | 1.38 |
| 2025-09-26 | 1.33 |
| 2025-06-27 | 1.32 |
| 2025-03-28 | 1.32 |
| 2024-12-31 | 1.49 |
| 2024-09-27 | 1.69 |
| 2024-06-28 | 1.91 |
| 2024-03-29 | 1.78 |
| 2023-12-31 | 1.57 |
| 2023-09-29 | 1.59 |
| 2023-06-30 | 1.75 |
| 2023-03-31 | 1.68 |
| 2022-12-31 | 1.38 |
| 2022-09-30 | 1.19 |
| 2022-07-01 | 1.06 |
| 2022-04-01 | 1.01 |
| 2021-12-31 | 1.09 |
| 2021-09-24 | 1.96 |
| 2021-06-25 | 1.89 |
| 2021-03-26 | 1.96 |
| 2020-12-31 | 2.23 |
| 2020-09-25 | 1.27 |
| 2020-06-26 | 1.08 |
| 2020-03-27 | 0.90 |
| 2019-12-31 | 0.91 |
| 2019-09-27 | 0.98 |
| 2019-06-28 | 1.02 |
| 2019-03-29 | 1.01 |
| 2018-12-31 | 1.03 |
| 2018-09-28 | 1.03 |
| 2018-06-29 | 1.00 |
| 2018-03-30 | 0.93 |
| 2017-12-31 | 0.86 |
| 2017-09-29 | 0.99 |
| 2017-06-30 | 0.96 |
| 2017-03-31 | 0.90 |
| 2016-12-31 | 0.85 |
| 2016-09-30 | 0.82 |
| 2016-06-30 | 0.77 |
| 2016-03-31 | 0.00 |
| 2015-12-31 | 0.90 |
| 2015-09-25 | 0.00 |
| 2015-06-26 | 0.73 |
| 2015-03-26 | 0.00 |
| 2014-12-26 | 0.96 |
| 2014-09-26 | 0.96 |
| 2014-06-27 | 0.00 |
| 2014-03-27 | 0.00 |
