Charles River Laboratories Quick Ratio 2010-2024 | CRL
- Charles River Laboratories average quick ratio for 2023 was 1.19, a 7.21% decline from 2022.
- Charles River Laboratories average quick ratio for 2022 was 1.11, a 10.48% increase from 2021.
- Charles River Laboratories average quick ratio for 2021 was 1.24, a 8.15% 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.