Procter & Gamble Quick Ratio 2010-2024 | PG

Procter & Gamble quick ratio for the quarter ending September 30, 2024 was 0.55.

  • Procter & Gamble average quick ratio for 2023 was 0.44, a 2.33% increase from 2022.
  • Procter & Gamble average quick ratio for 2022 was 0.43, a 15.69% increase from 2021.
  • Procter & Gamble average quick ratio for 2021 was 0.51, a 21.54% 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.

Procter & Gamble Quick Ratio 2010-2024 | PG

  • Procter & Gamble average quick ratio for 2023 was 0.44, a 2.33% increase from 2022.
  • Procter & Gamble average quick ratio for 2022 was 0.43, a 15.69% increase from 2021.
  • Procter & Gamble average quick ratio for 2021 was 0.51, a 21.54% 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.