Autodesk Inc (ADSK)
Liquidity ratios
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 0.68 | 0.65 | 0.64 | 0.69 | 0.82 | 0.75 | 0.73 | 0.72 | 0.84 | 0.73 | 0.64 | 0.62 | 0.69 | 0.81 | 0.50 | 0.48 | 0.83 | 0.83 | 0.84 | 0.79 |
| Quick ratio | 0.37 | 0.38 | 0.43 | 0.49 | 0.52 | 0.50 | 0.53 | 0.54 | 0.52 | 0.47 | 0.42 | 0.42 | 0.44 | 0.55 | 0.30 | 0.29 | 0.57 | 0.57 | 0.58 | 0.57 |
| Cash ratio | 0.37 | 0.38 | 0.43 | 0.49 | 0.52 | 0.50 | 0.53 | 0.54 | 0.52 | 0.47 | 0.42 | 0.42 | 0.44 | 0.55 | 0.30 | 0.29 | 0.57 | 0.57 | 0.58 | 0.57 |
Autodesk Inc's liquidity ratios show fluctuations over time. The current ratio, which measures the company's ability to cover its short-term obligations with its current assets, decreased from 0.79 as of April 30, 2020, to 0.68 as of January 31, 2025. This downward trend indicates a potential weakening ability to meet short-term liabilities.
The quick ratio, a more stringent measure of liquidity that excludes inventory from current assets, also exhibited a decline from 0.57 on April 30, 2020, to 0.37 on January 31, 2025. This suggests a reduced capacity to meet immediate obligations without relying on selling inventory.
The cash ratio, which indicates the firm's ability to pay off current liabilities using only cash and cash equivalents, mirrored the trend of the other ratios by decreasing from 0.57 on April 30, 2020, to 0.37 on January 31, 2025. This demonstrates a potential challenge in meeting short-term obligations solely with cash reserves.
Overall, the downward trends in Autodesk Inc's liquidity ratios imply a potential strain on the company's ability to meet short-term financial obligations with its current assets and cash reserves. It may be crucial for the company to closely monitor its liquidity position and take necessary measures to strengthen its liquidity position in the future.
See also:
Additional liquidity measure
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash conversion cycle | days | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Autodesk Inc has maintained a consistent cash conversion cycle of 0.00 days over the period from April 30, 2020, to January 31, 2025. The cash conversion cycle is a metric that shows the number of days it takes for a company to convert its investments in inventory and other resources into cash flows from sales. A shorter cash conversion cycle indicates that the company is efficient in managing its working capital and generating cash from its operations. In the case of Autodesk Inc, the stable and low cash conversion cycle suggests effective management of its inventory, receivables, and payables, leading to improved liquidity and cash flow generation.