Daikin Industries Quick Ratio 2017-2024 | DKILY
- Daikin Industries average quick ratio for 2023 was 0.98, a 10.91% increase from 2022.
- 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.
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.