Exelixis Quick Ratio 2010-2024 | EXEL
- Exelixis average quick ratio for 2023 was 4.14, a 28.5% decline from 2022.
- Exelixis average quick ratio for 2022 was 5.79, a 4.14% decline from 2021.
- Exelixis average quick ratio for 2021 was 6.04, a 23.35% 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.