• Amazon average quick ratio for 2023 was 0.74, a 5.71% increase from 2022.
• Amazon average quick ratio for 2022 was 0.7, a 23.08% increase from 2021.
• Amazon average quick ratio for 2021 was 0.91, a 2.25% decline 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.