West Pharmaceutical Services Quick Ratio 2010-2024 | WST
- West Pharmaceutical Services average quick ratio for 2023 was 2.68, a 3.08% decline from 2022.
- West Pharmaceutical Services average quick ratio for 2022 was 2.6, a 15.04% increase from 2021.
- West Pharmaceutical Services average quick ratio for 2021 was 2.26, a 6.1% 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.