IDEXX Laboratories Quick Ratio 2010-2025 | IDXX
- IDEXX Laboratories average quick ratio for 2024 was 1.04, a 9.47% decline from 2023.
- IDEXX Laboratories average quick ratio for 2023 was 0.95, a 46.15% increase from 2022.
- IDEXX Laboratories average quick ratio for 2022 was 0.65, a 42.98% increase from 2021.
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.