Arrow Electronics Inc (ARW)
Quick 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 188,807 | 248,000 | 213,009 | 242,810 | 218,053 | 333,294 | 240,382 | 205,554 | 176,915 | 333,985 | 225,596 | 242,791 | 222,194 | 215,932 | 244,070 | 227,701 | 373,615 | 227,019 | 205,828 | 200,998 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | 69,022 | 68,937 | 77,330 | 76,358 | 76,355 | 80,756 | — |
| Receivables | US$ in thousands | 13,031,000 | 11,726,600 | 10,886,500 | 11,062,600 | 12,238,100 | 10,663,200 | 11,035,900 | — | 12,322,700 | — | — | — | 11,123,900 | — | — | — | — | — | — | — |
| 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 |
| Quick ratio | 1.05 | 1.00 | 0.98 | 1.00 | 0.94 | 0.92 | 1.06 | 0.02 | 1.01 | 0.03 | 0.02 | 0.02 | 1.00 | 0.03 | 0.03 | 0.04 | 0.05 | 0.04 | 0.04 | 0.03 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($188,807K
+ $—K
+ $13,031,000K)
÷ $12,636,200K
= 1.05
The quick ratio of Arrow Electronics Inc has shown fluctuating trends over the past few years. Starting at a low of 0.03 in March 2020, the quick ratio gradually increased to 1.06 in June 2023 before slightly decreasing to 0.94 in December 2023. The ratio then improved significantly, reaching 1.05 in December 2024.
A quick ratio below 1.0 typically indicates that a company may have difficulty meeting its short-term obligations with its most liquid assets. However, a quick ratio above 1.0 demonstrates the company's ability to cover its current liabilities with its quick assets.
Arrow Electronics Inc's quick ratio experienced fluctuations but generally stayed above 1.0 in recent periods, indicating the company's improving liquidity position and ability to meet its short-term obligations effectively. The significant increase in the quick ratio from 0.03 in March 2020 to above 1.0 in December 2024 suggests a positive trend in the company's liquidity management.
Peer comparison
Dec 31, 2024