• Alfa Laval AB average quick ratio for 2023 was 0.78, a 8.24% increase from 2022.
• Alfa Laval AB average quick ratio for 2022 was 0.85, a 4.94% decline from 2021.
• Alfa Laval AB average quick ratio for 2021 was 0.81, a 22.12% increase from 2020.

Quick ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated by subtracting inventory from current assets and dividing by current liabilities.