Givaudan SA Quick Ratio 2021-2024 | GVDNY
- Givaudan SA average quick ratio for 2023 was 0.95, a 4.04% decline from 2022.
- Givaudan SA average quick ratio for 2022 was 0.99, a 10% decline from 2021.
- Givaudan SA average quick ratio for 2021 was 0.9, a 23.08% 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.