Ralph Lauren Quick Ratio 2010-2024 | RL
- Ralph Lauren average quick ratio for 2023 was 1.46, a 7.35% decline from 2022.
- Ralph Lauren average quick ratio for 2022 was 1.36, a 22.29% increase from 2021.
- Ralph Lauren average quick ratio for 2021 was 1.75, a 4.37% 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.