Advanced Info Service Public Quick Ratio 2010-2024 | AVIFY
- Advanced Info Service Public average quick ratio for 2023 was 0.37, a 12.12% decline from 2022.
- Advanced Info Service Public average quick ratio for 2022 was 0.33, a 10.81% increase from 2021.
- Advanced Info Service Public average quick ratio for 2021 was 0.37, a 19.35% 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.