• Insulet average quick ratio for 2023 was 2.45, a 28.57% increase from 2022.
• Insulet average quick ratio for 2022 was 3.43, a 29.71% decline from 2021.
• Insulet average quick ratio for 2021 was 4.88, a 11.11% 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.