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Arrow Electronics, Inc. provides products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions in the Americas, Europe, the Middle Ea...
The following section summarizes insights on Arrow Electronics Inc's Quick Ratio:
We've identified the following companies as similar to Arrow Electronics Inc because they operate in a related industry or sector. We also considered size, growth, and various financial metrics to narrow down the list to the ones listed below.
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A ratio used to assess a company's short-term liquidity.
Quick Ratio or acid-test or liquidity ratio measures the ability of a company to use its near cash or quick assets to extinguish or retire its current liabilities immediately. Quick Ratio is defined as:
(Cash & ST Investments
(+) Accounts Receivable)
(/) Current Liabilities
(=) Quick Ratio
Quick Ratio for Arrow Electronics is calculated as follows:
(Cash & ST Investments [ 188.8 M ]
(+) Accounts Receivable [ 13.031 B ]
(/) Current Liabilities [ 12.636 B ]
(=) Quick Ratio [ 1.0x ]
The tables below summarizes the trend in Arrow Electronics’s quick ratio over the last five years:
| Fiscal Year | Cash & ST Investments | Accounts Receivable | Current Liabilities | Quick Ratio |
|---|---|---|---|---|
| 2020-12-31 | 373.6 M | 9.205 B | 9.131 B | 1.0x |
| 2021-12-31 | 222.2 M | 11.124 B | 11.326 B | 1.0x |
| 2022-12-31 | 176.9 M | 12.323 B | 12.39 B | 1.0x |
| 2023-12-31 | 218.1 M | 12.238 B | 13.188 B | 0.9x |
| 2024-12-31 | 188.8 M | 13.031 B | 12.636 B | 1.0x |
The tables below summarizes the trend in Arrow Electronics’s quick ratio over the last four quarters:
| Fiscal Year | Cash & ST Investments | Accounts Receivable | Current Liabilities | Quick Ratio |
|---|---|---|---|---|
| 2024-03-30 | 242.8 M | 11.063 B | 11.361 B | 1.0x |
| 2024-06-29 | 213 M | 10.887 B | 11.319 B | 1.0x |
| 2024-09-28 | 248 M | 11.727 B | 11.971 B | 1.0x |
| 2024-12-31 | 188.8 M | 13.031 B | 12.636 B | 1.0x |
Read more on Wikipedia: Quick Ratio