• Unicharm average quick ratio for 2023 was 1.89, a 6.78% decline from 2022.
• Unicharm average quick ratio for 2022 was 1.77, a 9.69% increase from 2021.
• Unicharm average quick ratio for 2021 was 1.96, a 9.5% 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.