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 1.02 is 10% below its 5-year average of 1.14, near the low end of its 5-year range (1.02–1.30).
As of the fiscal period ended Tuesday, March 31, 2026. 11.11% below its 12-month average of 1.15.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.02
QUICK RATIO (ACID-TEST) AVG TTM
1.15
QUICK RATIO (ACID-TEST) AVG 3Y
1.16
QUICK RATIO (ACID-TEST) AVG 5Y
1.14
QUICK RATIO (ACID-TEST) AVG 10Y
1.09
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-11.11%
CURRENT VS 3Y AVG
-11.67%
CURRENT VS 5Y AVG
-10.19%
CURRENT VS 10Y AVG
-6.06%
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
-35.17%
vs the sector median at left
Paycom Software, Inc.
Market Cap
$8.98B
Quick Ratio (Acid-Test)
1.02
TTM Avg
1.15
3Y Avg
1.16
5Y Avg
1.14
Market Cap
$9.03B
Quick Ratio (Acid-Test)
1.30
TTM Avg
2.23
3Y Avg
2.32
5Y Avg
2.13
Market Cap
$8.66B
Quick Ratio (Acid-Test)
1.54
TTM Avg
2.26
3Y Avg
2.49
5Y Avg
2.58
Market Cap
$9.39B
Quick Ratio (Acid-Test)
1.76
TTM Avg
1.76
3Y Avg
2.72
5Y Avg
2.56
Market Cap
$8.48B
Quick Ratio (Acid-Test)
1.61
TTM Avg
1.74
3Y Avg
1.77
5Y Avg
1.73
Market Cap
$8.46B
Quick Ratio (Acid-Test)
3.60
TTM Avg
3.71
3Y Avg
3.32
5Y Avg
3.10
Market Cap
$7.84B
Quick Ratio (Acid-Test)
1.84
TTM Avg
1.77
3Y Avg
2.46
5Y Avg
2.69
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Paycom Software, Inc. (PAYC) | $8.98B | 1.02 | 1.15 | 1.16 | 1.14 |
| Viavi Solutions Inc. (VIAV)vs › | $9.03B | 1.30 | 2.23 | 2.32 | 2.13 |
| TeraWulf Inc. (WULF)vs › | $8.77B | 2.00 | 3.71 | 1.98 | 2.18 |
| Silicon Motion Technology Corporation (SIMO)vs › | $8.66B | 1.54 | 2.26 | 2.49 | 2.58 |
| Skyworks Solutions, Inc. (SWKS)vs › | $9.39B | 1.76 | 1.76 | 2.72 | 2.56 |
| The Trade Desk, Inc. (TTD)vs › | $8.48B | 1.61 | 1.74 | 1.77 | 1.73 |
| FormFactor, Inc. (FORM)vs › | $8.46B | 3.60 | 3.71 | 3.32 | 3.10 |
| Rambus Inc. (RMBS)vs › | $9.94B | 7.84 | 7.87 | 6.60 | 6.15 |
| InterDigital, Inc. (IDCC)vs › | $7.84B | 1.84 | 1.77 | 2.46 | 2.69 |
| Gartner, Inc. (IT)vs › | $10.14B | 1.00 | 1.03 | 0.94 | 0.89 |
Quick Ratio
1.02
Excludes inventory
Current Ratio
1.09
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) |
|---|---|
| 2026-03-31 | 1.02 |
| 2025-12-31 | 1.09 |
| 2025-09-30 | 1.15 |
| 2025-06-30 | 1.30 |
| 2025-03-31 | 1.20 |
| 2024-12-31 | 1.10 |
| 2024-09-30 | 1.19 |
| 2024-06-30 | 1.13 |
| 2024-03-31 | 1.12 |
| 2023-12-31 | 1.11 |
| 2023-09-30 | 1.24 |
| 2023-06-30 | 1.24 |
| 2023-03-31 | 1.19 |
| 2022-12-31 | 1.16 |
| 2022-09-30 | 1.17 |
| 2022-06-30 | 1.08 |
| 2022-03-31 | 1.08 |
| 2021-12-31 | 1.13 |
| 2021-09-30 | 1.07 |
| 2021-06-30 | 1.10 |
| 2021-03-31 | 1.08 |
| 2020-12-31 | 1.08 |
| 2020-09-30 | 1.09 |
| 2020-06-30 | 1.11 |
| 2020-03-31 | 1.10 |
| 2019-12-31 | 1.07 |
| 2019-09-30 | 1.10 |
| 2019-06-30 | 1.07 |
| 2019-03-31 | 1.04 |
| 2018-12-31 | 1.03 |
| 2018-09-30 | 1.08 |
| 2018-06-30 | 1.06 |
| 2018-03-31 | 1.06 |
| 2017-12-31 | 1.03 |
| 2017-09-30 | 1.05 |
| 2017-06-30 | 1.05 |
| 2017-03-31 | 1.05 |
| 2016-12-31 | 1.03 |
| 2016-09-30 | 1.08 |
| 2016-06-30 | 1.05 |
| 2016-03-31 | 1.04 |
| 2015-12-31 | 1.04 |
| 2015-09-30 | 1.05 |
| 2015-06-30 | 1.05 |
| 2015-03-31 | 1.03 |
| 2014-12-31 | 1.02 |
| 2014-09-30 | 1.02 |
| 2014-06-30 | 1.02 |
| 2014-03-31 | 0.98 |
| 2013-12-31 | 0.99 |
| 2013-09-30 | 1.03 |
| 2013-06-30 | 0.00 |
| 2013-03-31 | 0.00 |
| 2012-12-31 | 1.02 |
| 2012-09-30 | 0.00 |