• Bio-Rad Laboratories average quick ratio for 2023 was 4.23, a 0.24% increase from 2022.
• Bio-Rad Laboratories average quick ratio for 2022 was 4.24, a 62.45% decline from 2021.
• Bio-Rad Laboratories average quick ratio for 2021 was 2.61, a 39.57% 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.