Kingdee Software Group Quick Ratio 2017-2024 | KGDEY
- Kingdee Software Group average quick ratio for 2023 was 1.08, a 4.85% decline from 2022.
- Kingdee Software Group average quick ratio for 2022 was 1.03, a 38.32% increase from 2021.
- Kingdee Software Group average quick ratio for 2021 was 1.67, a 21.96% 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.