Revvity Quick Ratio 2010-2024 | RVTY
- Revvity average quick ratio for 2023 was 1.97, a 20.12% increase from 2022.
- Revvity average quick ratio for 2022 was 1.64, a 8.61% increase from 2021.
- Revvity average quick ratio for 2021 was 1.51, a 43.81% increase 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.