• Dillard's average current ratio for 2023 was 2.3, a 20.42% increase from 2022.
• Dillard's average current ratio for 2022 was 1.91, a 6.37% increase from 2021.
• Dillard's average current ratio for 2021 was 2.04, a 12.71% decline from 2020.

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