• Wipro average quick ratio for 2023 was 2.15, a 4.88% increase from 2022.
• Wipro average quick ratio for 2022 was 2.05, a 9.29% increase from 2021.
• Wipro average quick ratio for 2021 was 2.26, a 2.59% 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.