PACCAR Quick Ratio 2010-2024 | PCAR
- PACCAR average quick ratio for 2023 was 1.98, a 14.29% decline from 2022.
- PACCAR average quick ratio for 2022 was 2.31, a 1.7% decline from 2021.
- PACCAR average quick ratio for 2021 was 2.35, a 6.37% 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.