Burberry Group Quick Ratio 2013-2024 | BURBY
- Burberry Group average quick ratio for 2023 was 1.39, a 24.86% decline from 2022.
- Burberry Group average quick ratio for 2022 was 1.85, a 13.55% decline from 2021.
- Burberry Group average quick ratio for 2021 was 2.14, a 34.59% 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.