Daikin Industries Quick Ratio 2017-2023 | DKILY
- Daikin Industries average quick ratio for 2022 was 1.1, a 16.67% decline from 2021.
- Daikin Industries average quick ratio for 2021 was 1.32, a 15.92% decline from 2020.
- Daikin Industries average quick ratio for 2020 was 1.57, a 31.93% 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.