WESCO Quick Ratio 2010-2024 | WCC
- WESCO average quick ratio for 2023 was 1.39, a 11.2% decline from 2022.
- WESCO average quick ratio for 2022 was 1.25, a 6.84% increase from 2021.
- WESCO average quick ratio for 2021 was 1.17, a 14.6% increase 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.