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 1.24 is in line with its 5-year average of 1.34, near the low end of its 5-year range (1.03–2.23).
As of the fiscal period ended Friday, July 31, 2026. 0.23% above its 12-month average of 1.24.
Reported quarterly quick ratio; no daily interpolation. Q3 FY2026 (2026-07-31): 1.24.
QUICK RATIO (ACID-TEST)
1.24
QUICK RATIO (ACID-TEST) AVG TTM
1.24
QUICK RATIO (ACID-TEST) AVG 3Y
1.31
QUICK RATIO (ACID-TEST) AVG 5Y
1.34
QUICK RATIO (ACID-TEST) AVG 10Y
N/A
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+0.23%
CURRENT VS 3Y AVG
-4.78%
CURRENT VS 5Y AVG
-7.21%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · CONSUMER DEFENSIVE
0.88
median of 158 covered companies
CURRENT VS SECTOR MEDIAN
+41.22%
vs the sector median at left
Mission Produce, Inc.
Market Cap
$1.13B
Quick Ratio (Acid-Test)
1.24
TTM Avg
1.24
3Y Avg
1.31
5Y Avg
1.34
Market Cap
$1.13B
Quick Ratio (Acid-Test)
0.30
TTM Avg
0.32
3Y Avg
0.35
5Y Avg
0.45
Market Cap
$1.17B
Quick Ratio (Acid-Test)
0.88
TTM Avg
0.89
3Y Avg
0.80
5Y Avg
0.86
Market Cap
$1.06B
Quick Ratio (Acid-Test)
1.00
TTM Avg
1.33
3Y Avg
1.34
5Y Avg
1.57
Market Cap
$1.20B
Quick Ratio (Acid-Test)
0.88
TTM Avg
0.89
3Y Avg
0.80
5Y Avg
0.86
Market Cap
$1.22B
Quick Ratio (Acid-Test)
0.57
TTM Avg
0.44
3Y Avg
0.60
5Y Avg
0.77
Market Cap
$1.23B
Quick Ratio (Acid-Test)
1.12
TTM Avg
1.11
3Y Avg
1.02
5Y Avg
1.02
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Mission Produce, Inc. (AVO) | $1.13B | 1.24 | 1.24 | 1.31 | 1.34 |
| Grocery Outlet Holding Corp. (GO)vs › | $1.13B | 0.30 | 0.32 | 0.35 | 0.45 |
| Oddity Tech Ltd. (ODD)vs › | $1.10B | 2.11 | 2.52 | 1.79 | 1.62 |
| Seneca Foods Corporation (SENEA)vs › | $1.17B | 0.88 | 0.89 | 0.80 | 0.86 |
| Universal Corporation (UVV)vs › | $1.06B | 1.00 | 1.33 | 1.34 | 1.57 |
| Seneca Foods Corporation (SENEB)vs › | $1.20B | 0.88 | 0.89 | 0.80 | 0.86 |
| Flowers Foods, Inc. (FLO)vs › | $1.22B | 0.57 | 0.44 | 0.60 | 0.77 |
| Air Global PLC Ordinary Shares (AIIR)vs › | $1.23B | 1.12 | 1.11 | 1.02 | 1.02 |
| Afya Limited (AFYA)vs › | $1.26B | 2.20 | 1.79 | 1.63 | 1.74 |
| The Simply Good Foods Company (SMPL)vs › | $880.87M | 3.10 | 2.52 | 2.63 | 2.37 |
Quick Ratio
1.24
Excludes inventory
Current Ratio
1.92
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) |
|---|---|
| 2026-07-31 | 1.24 |
| 2026-04-30 | 1.12 |
| 2026-01-31 | 1.19 |
| 2025-10-31 | 1.35 |
| 2025-07-31 | 1.30 |
| 2025-04-30 | 1.23 |
| 2025-01-31 | 1.03 |
| 2024-10-31 | 1.26 |
| 2024-07-31 | 1.40 |
| 2024-04-30 | 1.49 |
| 2024-01-31 | 1.47 |
| 2023-10-31 | 1.53 |
| 2023-07-31 | 1.36 |
| 2023-04-30 | 1.36 |
| 2023-01-31 | 1.45 |
| 2022-10-31 | 1.52 |
| 2022-07-31 | 1.42 |
| 2022-04-30 | 1.28 |
| 2022-01-31 | 1.45 |
| 2021-10-31 | 2.23 |
| 2021-07-31 | 1.96 |
| 2021-04-30 | 1.84 |
| 2021-01-31 | 2.18 |
| 2020-10-31 | 2.69 |
| 2020-07-31 | 1.48 |
| 2020-04-30 | 1.61 |
| 2020-01-31 | 1.69 |
| 2019-10-31 | 2.03 |
| 2019-07-31 | 0.00 |
| 2019-04-30 | 0.00 |
| 2019-01-31 | 0.00 |
