• Dollar Tree average quick ratio for 2023 was 0.22, a 15.38% decline from 2022.
• Dollar Tree average quick ratio for 2022 was 0.26, a 25.71% decline from 2021.
• Dollar Tree average quick ratio for 2021 was 0.35, a 2.78% 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.