• Shiseido average current ratio for 2023 was 1.22, a 2.4% decline from 2022.
• Shiseido average current ratio for 2022 was 1.25, a 16.11% decline from 2021.
• Shiseido average current ratio for 2021 was 1.49, a 12.03% decline from 2020.

Current ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations.