TD SYNNEX Quick Ratio 2010-2024 | SNX
- TD SYNNEX average quick ratio for 2023 was 0.75, a 8.7% increase from 2022.
- TD SYNNEX average quick ratio for 2022 was 0.69, a 40% increase from 2021.
- TD SYNNEX average quick ratio for 2021 was 1.15, a 13.86% 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.