Bio-Techne Corp Quick Ratio 2010-2024 | TECH
- Bio-Techne Corp average quick ratio for 2023 was 3.14, a 9.41% increase from 2022.
- Bio-Techne Corp average quick ratio for 2022 was 2.87, a 5.28% increase from 2021.
- Bio-Techne Corp average quick ratio for 2021 was 3.03, a 21.71% 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.