Taylor Wimpey Quick Ratio 2017-2023 | TWODY
- Taylor Wimpey average quick ratio for 2022 was 0.78, a 25% decline from 2021.
- Taylor Wimpey average quick ratio for 2021 was 1.04, a 19.54% decline from 2020.
- Taylor Wimpey average quick ratio for 2020 was 0.87, a 50% increase from 2019.
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.