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 4.74 is in line with its 5-year average of 4.71, around the middle of its 5-year range (3.52–7.53).
As of the fiscal period ended Thursday, April 30, 2026. 13.31% below its 12-month average of 5.47.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
4.74
QUICK RATIO (ACID-TEST) AVG TTM
5.47
QUICK RATIO (ACID-TEST) AVG 3Y
4.86
QUICK RATIO (ACID-TEST) AVG 5Y
4.47
QUICK RATIO (ACID-TEST) AVG 10Y
4.07
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-13.31%
CURRENT VS 3Y AVG
-2.60%
CURRENT VS 5Y AVG
+6.00%
CURRENT VS 10Y AVG
+16.43%
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
+199.88%
vs the sector median at left
Veeva Systems Inc.
Market Cap
$30.25B
Quick Ratio (Acid-Test)
4.74
TTM Avg
5.47
3Y Avg
4.86
5Y Avg
4.47
Market Cap
$30.36B
Quick Ratio (Acid-Test)
1.08
TTM Avg
1.35
3Y Avg
1.28
5Y Avg
1.34
Market Cap
$29.37B
Quick Ratio (Acid-Test)
1.95
TTM Avg
1.76
3Y Avg
1.60
5Y Avg
1.47
Market Cap
$28.70B
Quick Ratio (Acid-Test)
0.83
TTM Avg
1.23
3Y Avg
1.35
5Y Avg
1.28
Market Cap
$28.27B
Quick Ratio (Acid-Test)
1.46
TTM Avg
1.26
3Y Avg
1.25
5Y Avg
1.25
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Veeva Systems Inc. (VEEV) | $30.25B | 4.74 | 5.47 | 4.86 | 4.47 |
| Teledyne Technologies Incorporated (TDY)vs › | $30.36B | 1.08 | 1.35 | 1.28 | 1.34 |
| GLOBALFOUNDRIES Inc. (GFS)vs › | $29.37B | 1.95 | 1.76 | 1.60 | 1.47 |
| Twilio Inc. (TWLO)vs › | $29.06B | 4.03 | 4.12 | 5.26 | 6.17 |
| Fair Isaac Corporation (FICO)vs › | $28.70B | 0.83 | 1.23 | 1.35 | 1.28 |
| Ubiquiti Inc. (UI)vs › | $31.82B | 0.70 | 1.15 | 1.17 | 1.24 |
| Everpure, Inc (PSTG)vs › | $28.49B | 1.56 | 1.57 | 1.58 | 1.72 |
| Qnity Electronics, Inc. (Q)vs › | $28.27B | 1.46 | 1.26 | 1.25 | 1.25 |
| Jabil Inc. (JBL)vs › | $32.76B | 0.66 | 0.69 | 0.68 | 0.66 |
| NetApp, Inc. (NTAP)vs › | $32.86B | 1.39 | 1.30 | 1.26 | 1.37 |
Quick Ratio
4.74
Excludes inventory
Current Ratio
4.89
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) |
|---|---|
| 2026-04-30 | 4.74 |
| 2026-01-31 | 4.89 |
| 2025-10-31 | 7.53 |
| 2025-07-31 | 5.57 |
| 2025-04-30 | 4.60 |
| 2025-01-31 | 4.51 |
| 2024-10-31 | 6.36 |
| 2024-07-31 | 5.01 |
| 2024-04-30 | 4.29 |
| 2024-01-31 | 4.24 |
| 2023-10-31 | 5.64 |
| 2023-07-31 | 4.35 |
| 2023-04-30 | 4.16 |
| 2023-01-31 | 3.94 |
| 2022-10-31 | 4.91 |
| 2022-07-31 | 4.20 |
| 2022-04-30 | 3.73 |
| 2022-01-31 | 3.70 |
| 2021-10-31 | 4.95 |
| 2021-07-31 | 3.97 |
| 2021-04-30 | 3.52 |
| 2021-01-31 | 3.23 |
| 2020-10-31 | 4.44 |
| 2020-07-31 | 3.56 |
| 2020-04-30 | 3.04 |
| 2020-01-31 | 2.78 |
| 2019-10-31 | 5.40 |
| 2019-07-31 | 4.23 |
| 2019-04-30 | 3.73 |
| 2019-01-31 | 3.57 |
| 2018-10-31 | 5.00 |
| 2018-07-31 | 3.91 |
| 2018-04-30 | 3.38 |
| 2018-01-31 | 3.20 |
| 2017-10-31 | 3.95 |
| 2017-07-31 | 3.26 |
| 2017-04-30 | 2.93 |
| 2017-01-31 | 2.88 |
| 2016-10-31 | 3.52 |
| 2016-07-31 | 2.82 |
| 2016-04-30 | 2.65 |
| 2016-01-31 | 2.69 |
| 2015-10-31 | 3.10 |
| 2015-07-31 | 3.85 |
| 2015-04-30 | 3.72 |
| 2015-01-31 | 3.70 |
| 2014-10-31 | 4.15 |
| 2014-07-31 | 4.10 |
| 2014-04-30 | 4.14 |
| 2014-01-31 | 4.06 |
| 2013-10-31 | 4.68 |
| 2013-07-31 | 1.57 |
| 2013-04-30 | 1.62 |
| 2013-01-31 | 1.58 |
| 2012-10-31 | 0.00 |