• China Mengniu Dairy average current ratio for 2023 was 1.13, a 1.8% decline from 2022.
• China Mengniu Dairy average current ratio for 2022 was 1.11, a 3.74% increase from 2021.
• China Mengniu Dairy average current ratio for 2021 was 1.07, a 13.71% increase from 2020.

Current ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations.