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 1.26 is in line with its 5-year average of 1.29, near the low end of its 5-year range (1.23–1.39).
As of the fiscal period ended Sunday, May 31, 2026. 0.61% below its 12-month average of 1.27.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.26
QUICK RATIO (ACID-TEST) AVG TTM
1.27
QUICK RATIO (ACID-TEST) AVG 3Y
1.30
QUICK RATIO (ACID-TEST) AVG 5Y
1.27
QUICK RATIO (ACID-TEST) AVG 10Y
1.22
QUICK RATIO (ACID-TEST) AVG 15Y
1.19
QUICK RATIO (ACID-TEST) AVG 20Y
1.17
CURRENT VS TTM AVG
-0.61%
CURRENT VS 3Y AVG
-2.94%
CURRENT VS 5Y AVG
-0.54%
CURRENT VS 10Y AVG
+2.87%
CURRENT VS 15Y AVG
+5.82%
CURRENT VS 20Y AVG
+7.21%
SECTOR MEDIAN · TECHNOLOGY
1.58
median of 177 covered companies
CURRENT VS SECTOR MEDIAN
-20.31%
vs the sector median at left
Market Cap
$39.75B
Quick Ratio (Acid-Test)
8.88
TTM Avg
8.88
3Y Avg
8.66
5Y Avg
9.31
Market Cap
$39.22B
Quick Ratio (Acid-Test)
0.46
TTM Avg
0.43
3Y Avg
0.45
5Y Avg
0.45
Market Cap
$42.82B
Quick Ratio (Acid-Test)
1.18
TTM Avg
1.32
3Y Avg
0.97
5Y Avg
0.94
Market Cap
$43.01B
Quick Ratio (Acid-Test)
1.23
TTM Avg
1.00
3Y Avg
0.90
5Y Avg
1.22
Market Cap
$37.07B
Quick Ratio (Acid-Test)
0.48
TTM Avg
0.42
3Y Avg
0.48
5Y Avg
0.56
Market Cap
$44.29B
Quick Ratio (Acid-Test)
0.85
TTM Avg
0.77
3Y Avg
0.80
5Y Avg
0.79
Market Cap
$44.78B
Quick Ratio (Acid-Test)
1.39
TTM Avg
1.58
3Y Avg
1.92
5Y Avg
2.10
Market Cap
$45.06B
Quick Ratio (Acid-Test)
3.08
TTM Avg
6.34
3Y Avg
3.66
5Y Avg
3.48
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Paychex, Inc. (PAYX) | $40.39B | 1.26 | 1.27 | 1.30 | 1.27 |
| Credo Technology Group Holding Ltd (CRDO)vs › | $39.75B | 8.88 | 8.88 | 8.66 | 9.31 |
| CoreWeave, Inc. Class A Common Stock (CRWV)vs › | $39.22B | 0.46 | 0.43 | 0.45 | 0.45 |
| Microchip Technology Incorporated (MCHP)vs › | $42.82B | 1.18 | 1.32 | 0.97 | 0.94 |
| Take-Two Interactive Software, Inc. (TTWO)vs › | $43.01B | 1.23 | 1.00 | 0.90 | 1.22 |
| Roper Technologies, Inc. (ROP)vs › | $37.07B | 0.48 | 0.42 | 0.48 | 0.56 |
| Autodesk, Inc. (ADSK)vs › | $44.29B | 0.85 | 0.77 | 0.80 | 0.79 |
| Coherent, Inc. (COHR)vs › | $44.78B | 1.39 | 1.58 | 1.92 | 2.10 |
| Nebius Group N.V. (NBIS)vs › | $45.06B | 3.08 | 6.34 | 3.66 | 3.48 |
| Workday, Inc. (WDAY)vs › | $35.45B | 1.32 | 1.58 | 1.70 | 1.48 |
Quick Ratio
1.26
Excludes inventory
Current Ratio
1.26
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) |
|---|---|
| 2026-05-31 | 1.26 |
| 2026-02-28 | 1.26 |
| 2025-11-30 | 1.27 |
| 2025-08-31 | 1.27 |
| 2025-05-31 | 1.28 |
| 2025-02-28 | 1.39 |
| 2024-11-30 | 1.39 |
| 2024-08-31 | 1.38 |
| 2024-05-31 | 1.37 |
| 2024-02-29 | 1.24 |
| 2023-11-30 | 1.23 |
| 2023-08-31 | 1.24 |
| 2023-05-31 | 1.30 |
| 2023-02-28 | 1.27 |
| 2022-11-30 | 1.30 |
| 2022-08-31 | 1.29 |
| 2022-05-31 | 1.25 |
| 2022-02-28 | 1.27 |
| 2021-11-30 | 1.27 |
| 2021-08-31 | 1.27 |
| 2021-05-31 | 1.25 |
| 2021-02-28 | 1.24 |
| 2020-11-30 | 1.28 |
| 2020-08-31 | 1.25 |
| 2020-05-31 | 1.23 |
| 2020-02-29 | 1.19 |
| 2019-11-30 | 1.17 |
| 2019-08-31 | 1.15 |
| 2019-05-31 | 1.17 |
| 2019-02-28 | 1.11 |
| 2018-11-30 | 1.23 |
| 2018-08-31 | 1.15 |
| 2018-05-31 | 1.09 |
| 2018-02-28 | 1.09 |
| 2017-11-30 | 1.09 |
| 2017-08-31 | 1.09 |
| 2017-05-31 | 1.12 |
| 2017-02-28 | 1.09 |
| 2016-11-30 | 1.11 |
| 2016-08-31 | 1.16 |
| 2016-05-31 | 1.11 |
| 2016-02-29 | 1.09 |
| 2015-11-30 | 1.15 |
| 2015-08-31 | 1.13 |
| 2015-05-31 | 1.12 |
| 2015-02-28 | 1.11 |
| 2014-11-30 | 1.14 |
| 2014-08-31 | 1.12 |
| 2014-05-31 | 1.13 |
| 2014-02-28 | 1.11 |
| 2013-11-30 | 1.13 |
| 2013-08-31 | 1.13 |
| 2013-05-31 | 1.13 |
| 2013-02-28 | 1.10 |
| 2012-11-30 | 1.10 |
| 2012-08-31 | 1.10 |
| 2012-05-31 | 1.07 |
| 2012-02-29 | 1.11 |
| 2011-11-30 | 1.15 |
| 2011-08-31 | 1.15 |
| 2011-05-31 | 1.12 |
| 2011-02-28 | 1.11 |
| 2010-11-30 | 1.15 |
| 2010-08-31 | 1.14 |
| 2010-05-31 | 1.11 |
| 2010-02-28 | 1.09 |
| 2009-11-30 | 1.12 |
| 2009-08-31 | 1.11 |
| 2009-05-31 | 1.15 |
| 2009-02-28 | 1.12 |
| 2008-11-30 | 1.12 |
| 2008-08-31 | 1.12 |
| 2008-05-31 | 1.11 |
| 2008-02-29 | 1.09 |
| 2007-11-30 | 1.14 |
| 2007-08-31 | 1.11 |
| 2007-05-31 | 1.15 |
| 2007-02-28 | 1.17 |
| 2006-11-30 | 1.15 |
| 2006-08-31 | 1.16 |
| 2006-05-31 | 1.16 |
| 2006-02-28 | 1.23 |
| 2005-11-30 | 1.35 |
| 2005-08-31 | 1.32 |
| 2005-05-31 | 1.25 |
| 2005-02-28 | 1.22 |
| 2004-11-30 | 1.24 |
| 2004-08-31 | 4.05 |
| 2004-05-31 | 1.21 |
| 2004-02-29 | 1.18 |
| 2003-11-30 | 1.21 |
| 2003-08-31 | 1.19 |
| 2003-05-31 | 1.17 |
| 2003-02-28 | 1.22 |
| 2002-11-30 | 6.14 |
| 2002-08-31 | 7.39 |
