Lululemon Athletica Inc Quick Ratio 2010-2024 | LULU
- Lululemon Athletica Inc average quick ratio for 2023 was 1.17, a 34.48% increase from 2022.
- Lululemon Athletica Inc average quick ratio for 2022 was 0.87, a 42% increase from 2021.
- Lululemon Athletica Inc average quick ratio for 2021 was 1.5, a 0% 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.