Advance Auto Parts, Inc. (AAP) Quick Ratio (Acid-Test): 0.87
Is Advance Auto Parts, Inc.’s quick ratio (acid-test) high or low?
Advance Auto Parts, Inc.'s quick ratio (acid-test) of 0.87 is 81% above its 4-year average of 0.48, near the high end of its 4-year range (0.21–0.87).
As of Thursday, June 11, 2026. In line with its 12-month average of 0.87.
AAP Quick Ratio (Acid-Test) Chart
AAP Average Quick Ratio (Acid-Test) Chart
AAP Current vs Average Quick Ratio (Acid-Test) Chart
AAP Quick Ratio (Acid-Test) Metrics
QUICK RATIO (ACID-TEST)
0.87
QUICK RATIO (ACID-TEST) AVG TTM
0.87
QUICK RATIO (ACID-TEST) AVG 3Y
0.63
QUICK RATIO (ACID-TEST) AVG 5Y
0.48
QUICK RATIO (ACID-TEST) AVG 10Y
0.41
QUICK RATIO (ACID-TEST) AVG 15Y
0.36
QUICK RATIO (ACID-TEST) AVG 20Y
0.31
CURRENT VS TTM AVG
+0.00%
CURRENT VS 3Y AVG
+38.83%
CURRENT VS 5Y AVG
+81.25%
CURRENT VS 10Y AVG
+113.24%
CURRENT VS 15Y AVG
+138.57%
CURRENT VS 20Y AVG
+181.55%
AAP Competitors' Quick Ratio (Acid-Test)
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Advance Auto Parts, Inc. (AAP) | $3.53B | 0.87 | 0.87 | 0.63 | 0.48 |
| Thor Industries, Inc. (THO) | $3.90B | 0.90 | 0.86 | 0.78 | 0.81 |
| Abercrombie & Fitch Co. (ANF) | $3.92B | 0.95 | 0.96 | 1.01 | 0.96 |
| American Eagle Outfitters, Inc. (AEO) | $2.99B | 0.71 | 0.76 | 0.80 | 0.82 |
| Lucid Group, Inc. (LCID) | $1.53B | 0.83 | 2.33 | 3.26 | 5.45 |
| Carter's, Inc. (CRI) | $1.45B | 1.44 | 1.44 | 1.27 | 1.28 |
| Liquidity Services, Inc. (LQDT) | $1.18B | 1.29 | 1.23 | 1.12 | 1.13 |
| Mohawk Industries, Inc. (MHK) | $6.20B | 1.21 | 1.17 | 1.08 | 1.12 |
| Etsy, Inc. (ETSY) | $6.57B | 1.44 | 1.72 | 2.01 | 2.40 |
| Cambium Learning Group, Inc. (ABCD) | — | 0.31 | 0.30 | 0.42 | 0.66 |
Liquidity Comparison
Quick Ratio
0.87
Excludes inventory
Current Ratio
1.75
Includes inventory
Advance Auto Parts, Inc. Quick Ratio (Acid-Test) Formula & Definition
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
Advance Auto Parts, Inc. Quick Ratio (Acid-Test) FAQ
- What is the quick ratio (acid-test) for Advance Auto Parts, Inc. (AAP)?
- The quick ratio (acid-test) for AAP stock is 0.87.
- Is Advance Auto Parts, Inc.'s quick ratio (acid-test) high or low?
- Advance Auto Parts, Inc.'s quick ratio (acid-test) of 0.87 is 81% above its 4-year average of 0.48, near the high end of its 4-year range (0.21–0.87).
- What is the TTM average quick ratio (acid-test) for Advance Auto Parts, Inc. (AAP)?
- The TTM average quick ratio (acid-test) for AAP stock is 0.87.
- What is the 3Y average quick ratio (acid-test) for Advance Auto Parts, Inc. (AAP)?
- The 3Y average quick ratio (acid-test) for AAP stock is 0.63.
- What is the 5Y average quick ratio (acid-test) for Advance Auto Parts, Inc. (AAP)?
- The 5Y average quick ratio (acid-test) for AAP stock is 0.48.
- What is the 10Y average quick ratio (acid-test) for Advance Auto Parts, Inc. (AAP)?
- The 10Y average quick ratio (acid-test) for AAP stock is 0.41.
- What is the 15Y average quick ratio (acid-test) for Advance Auto Parts, Inc. (AAP)?
- The 15Y average quick ratio (acid-test) for AAP stock is 0.36.
- What is the 20Y average quick ratio (acid-test) for Advance Auto Parts, Inc. (AAP)?
- The 20Y average quick ratio (acid-test) for AAP stock is 0.31.
Advance Auto Parts, Inc. Quick Ratio (Acid-Test) History
| DATE | QUICK RATIO (ACID-TEST) |
|---|---|
| 2026-01-03 | 0.87 |
| 2024-12-28 | 0.54 |
| 2023-12-30 | 0.47 |
| 2022-12-31 | 0.21 |
| 2022-01-01 | 0.31 |
| 2021-01-02 | 0.37 |
| 2019-12-28 | 0.28 |
| 2018-12-29 | 0.44 |
| 2017-12-30 | 0.36 |
| 2016-12-31 | 0.23 |
| 2016-01-02 | 0.20 |
| 2015-01-03 | 0.22 |
| 2013-12-28 | 0.52 |
| 2012-12-29 | 0.34 |
| 2011-12-31 | 0.11 |
| 2011-01-01 | 0.14 |
| 2010-01-02 | 0.17 |
| 2009-01-03 | 0.14 |
| 2007-12-29 | 0.13 |
| 2006-12-30 | 0.13 |
| 2005-12-31 | 0.16 |
| 2005-01-01 | 0.18 |
| 2004-01-03 | 0.13 |
| 2002-12-28 | 0.19 |
| 2001-12-29 | 0.22 |
| 2000-12-31 | 0.19 |
Related Metrics
About Advance Auto Parts, Inc.
Advance Auto Parts, Inc. operates as a leading retailer and supplier of a comprehensive array of automotive replacement components, accessories, batteries, and essential maintenance supplies. Its extensive inventory caters to a wide spectrum of vehicles, including domestic and imported passenger cars, vans, sport utility vehicles, and both light and heavy-duty trucks. The company's product offering is broad, encompassing critical mechanical systems such as brakes, engine parts, electrical and ignition components, cooling and heating systems, chassis, clutches, and exhaust systems. Beyond these core parts, it provides a diverse selection of accessories, specialty tools, interior and exterior enhancements, lighting products, performance upgrades, and a variety of chemicals, sealants, and cleaning supplies. Furthermore, Advance Auto Parts stocks all necessary fluids and filters for engine and transmission maintenance, including motor oils, lubricants, fuel additives, and air, fuel, and oil filters. In addition to product sales, the company supports its clientele with various services like battery and wiper installation, diagnostic engine light scanning, electrical system testing, oil and battery recycling, and a convenient loaner tool program. Products are accessible to both professional automotive technicians and do-it-yourself (DIY) enthusiasts through its physical store network and online platform. Advance Auto Parts operates stores under well-known banners such as Advance Auto Parts, Autopart International, and Carquest, along with Worldpac-branded branches. As of April 23, 2022, its expansive operational footprint included 4,687 company-owned stores and 311 branches situated across the United States, Puerto Rico, the U.S. Virgin Islands, and Canada. The company also supplied 1,318 independently owned Carquest-branded stores located in Mexico, Grand Cayman, the Bahamas, Turks and Caicos, and the British Virgin Islands. Founded in 1929, Advance Auto Parts, Inc. maintains its corporate headquarters in Raleigh, North Carolina.
- Sector
- Consumer Cyclical
- Industry
- Specialty Retail
- CEO
- Shane O'Kelly