• Amdocs average current ratio for 2023 was 1.45, a 7.64% decline from 2022.
• Amdocs average current ratio for 2022 was 1.57, a 3.68% decline from 2021.
• Amdocs average current ratio for 2021 was 1.63, a 3.55% decline from 2020.

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