• Mohawk Industries average quick ratio for 2023 was 0.97, a 15.48% increase from 2022.
• Mohawk Industries average quick ratio for 2022 was 0.84, a 26.32% increase from 2021.
• Mohawk Industries average quick ratio for 2021 was 1.14, a 12.31% 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.