• Cal-Maine Foods average quick ratio for 2023 was 4.69, a 108.44% decline from 2022.
• Cal-Maine Foods average quick ratio for 2022 was 2.25, a 18.18% increase from 2021.
• Cal-Maine Foods average quick ratio for 2021 was 2.75, a 16.67% 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.