• Teradyne average quick ratio for 2023 was 2.76, a 3.76% decline from 2022.
• Teradyne average quick ratio for 2022 was 2.66, a 9.22% increase from 2021.
• Teradyne average quick ratio for 2021 was 2.93, a 0% 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.