DCC Quick Ratio 2020-2023 | DCCPF
- DCC average quick ratio for 2022 was 1, a 11.5% decline from 2021.
- DCC average quick ratio for 2021 was 1.13, a 8.13% decline from 2020.
- DCC average quick ratio for 2020 was 1.23, a 2.5% decline from 2019.
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.