• AptarGroup average quick ratio for 2023 was 0.89, a 25.21% increase from 2022.
• AptarGroup average quick ratio for 2022 was 1.19, a 2.59% decline from 2021.
• AptarGroup average quick ratio for 2021 was 1.16, a 5.69% 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.