Arrow Electronics Inc (ARW)
Current ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 18,401,400 | 17,526,900 | 16,765,200 | 16,901,100 | 18,327,500 | 17,306,000 | 17,131,200 | 16,866,800 | 18,340,300 | 17,131,100 | 16,424,400 | 15,941,500 | 15,893,300 | 13,725,700 | 13,082,600 | 12,367,100 | 13,152,900 | 11,659,900 | 11,794,000 | 11,588,100 |
| Total current liabilities | US$ in thousands | 12,636,200 | 11,970,800 | 11,318,700 | 11,360,600 | 13,187,900 | 11,936,000 | 10,669,300 | 10,390,100 | 12,389,600 | 11,418,100 | 11,033,100 | 10,671,600 | 11,326,100 | 9,501,880 | 9,072,700 | 8,393,010 | 9,130,880 | 7,914,710 | 8,132,430 | 7,913,180 |
| Current ratio | 1.46 | 1.46 | 1.48 | 1.49 | 1.39 | 1.45 | 1.61 | 1.62 | 1.48 | 1.50 | 1.49 | 1.49 | 1.40 | 1.44 | 1.44 | 1.47 | 1.44 | 1.47 | 1.45 | 1.46 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $18,401,400K ÷ $12,636,200K
= 1.46
The current ratio of Arrow Electronics Inc has shown fluctuations over the past few years, ranging from a low of 1.39 to a high of 1.62. The current ratio indicates the company's ability to cover its short-term obligations with its current assets, with a higher ratio suggesting a stronger liquidity position.
Arrow Electronics Inc's current ratio has generally been above 1, indicating that the company has had sufficient current assets to meet its short-term liabilities. However, it is important to note that the ratio has experienced some variability, and a downward trend can be observed in recent quarters, dropping from 1.62 in March 2023 to around 1.46 in December 2024.
Although the current ratio may fluctuate for various reasons, such as changes in asset composition or liability structure, it is essential for Arrow Electronics Inc to closely monitor and manage its liquidity position to ensure it can meet its short-term obligations efficiently.
Peer comparison
Dec 31, 2024