• Commercial Metals average quick ratio for 2023 was 2.41, a 20.5% increase from 2022.
• Commercial Metals average quick ratio for 2022 was 2, a 1.52% increase from 2021.
• Commercial Metals average quick ratio for 2021 was 1.97, a 13.6% 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.