• CHOW TAI FOOK average quick ratio for 2023 was 0.29, a 25.64% decline from 2022.
• CHOW TAI FOOK average quick ratio for 2022 was 0.39, a 2.63% decline from 2021.
• CHOW TAI FOOK average quick ratio for 2021 was 0.38, a 0% 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.