• Entegris average quick ratio for 2023 was 2.89, a 19.05% decline from 2022.
• Entegris average quick ratio for 2022 was 3.57, a 27.05% decline from 2021.
• Entegris average quick ratio for 2021 was 2.81, a 14.85% increase 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.