Sysco Quick Ratio 2010-2024 | SYY
- Sysco average quick ratio for 2023 was 0.74, a 7.25% decline from 2022.
- Sysco average quick ratio for 2022 was 0.69, a 27.37% increase from 2021.
- Sysco average quick ratio for 2021 was 0.95, a 22.76% 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.