• Acuity Brands Inc average quick ratio for 2023 was 1.7, a 24.09% increase from 2022.
• Acuity Brands Inc average quick ratio for 2022 was 1.37, a 19.88% increase from 2021.
• Acuity Brands Inc average quick ratio for 2021 was 1.71, a 2.84% 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.