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 1.07 is in line with 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, June 30, 2026. 4.69% below its 12-month average of 1.13.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.07.
QUICK RATIO (ACID-TEST)
1.07
QUICK RATIO (ACID-TEST) AVG TTM
1.13
QUICK RATIO (ACID-TEST) AVG 3Y
1.15
QUICK RATIO (ACID-TEST) AVG 5Y
1.14
QUICK RATIO (ACID-TEST) AVG 10Y
1.09
QUICK RATIO (ACID-TEST) AVG 15Y
1.08
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-4.69%
CURRENT VS 3Y AVG
-6.71%
CURRENT VS 5Y AVG
-5.85%
CURRENT VS 10Y AVG
-1.64%
CURRENT VS 15Y AVG
-0.17%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
1.59
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
-32.49%
vs the sector median at left
Paycom Software, Inc.
Market Cap
$10.04B
Quick Ratio (Acid-Test)
1.07
TTM Avg
1.13
3Y Avg
1.15
5Y Avg
1.14
Market Cap
$10.19B
Quick Ratio (Acid-Test)
2.94
TTM Avg
2.22
3Y Avg
2.65
5Y Avg
2.57
Market Cap
$8.78B
Quick Ratio (Acid-Test)
1.74
TTM Avg
1.77
3Y Avg
2.46
5Y Avg
2.69
Market Cap
$11.69B
Quick Ratio (Acid-Test)
1.17
TTM Avg
1.22
3Y Avg
1.18
5Y Avg
1.17
Market Cap
$11.71B
Quick Ratio (Acid-Test)
1.91
TTM Avg
1.95
3Y Avg
1.88
5Y Avg
1.72
Market Cap
$8.34B
Quick Ratio (Acid-Test)
1.62
TTM Avg
1.46
3Y Avg
2.12
5Y Avg
2.05
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Paycom Software, Inc. (PAYC) | $10.04B | 1.07 | 1.13 | 1.15 | 1.14 |
| Advanced Energy Industries, Inc. (AEIS)vs › | $10.19B | 2.94 | 2.22 | 2.65 | 2.57 |
| Nova Ltd. (NVMI)vs › | $10.64B | 1.35 | 3.69 | 3.21 | 3.79 |
| Elastic N.V. (ESTC)vs › | $8.85B | 1.81 | 1.75 | 1.76 | 1.74 |
| InterDigital, Inc. (IDCC)vs › | $8.78B | 1.74 | 1.77 | 2.46 | 2.69 |
| Rambus Inc. (RMBS)vs › | $8.72B | 9.08 | 7.87 | 6.60 | 6.15 |
| Jack Henry & Associates, Inc. (JKHY)vs › | $11.69B | 1.17 | 1.22 | 1.18 | 1.17 |
| Amkor Technology, Inc. (AMKR)vs › | $11.71B | 1.91 | 1.95 | 1.88 | 1.72 |
| Viavi Solutions Inc. (VIAV)vs › | $8.34B | 1.62 | 1.46 | 2.12 | 2.05 |
| GitLab Inc. (GTLB)vs › | $8.32B | 2.41 | 2.50 | 2.60 | 2.89 |
Quick Ratio
1.07
Excludes inventory
Current Ratio
1.07
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) |
|---|---|
| 2026-06-30 | 1.07 |
| 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 |