CDW Corp (CDW)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 7,373,100 | 6,705,000 | 6,564,000 | 6,478,100 | 5,953,500 |
| Total current liabilities | US$ in thousands | 5,474,400 | 5,442,000 | 4,947,100 | 5,096,000 | 3,898,300 |
| Current ratio | 1.35 | 1.23 | 1.33 | 1.27 | 1.53 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $7,373,100K ÷ $5,474,400K
= 1.35
The current ratio of CDW Corp has trended as follows over the past five years:
- As of December 31, 2020, the current ratio was 1.53.
- By December 31, 2021, the current ratio had decreased to 1.27.
- It increased slightly to 1.33 by December 31, 2022.
- However, by December 31, 2023, the current ratio had decreased to 1.23.
- The most recent data as of December 31, 2024, shows a slight improvement to a current ratio of 1.35.
Overall, CDW Corp's current ratio has displayed some fluctuations over the years but has generally remained above 1, indicating that the company has sufficient current assets to cover its current liabilities. However, a declining trend may warrant further analysis to understand the underlying reasons for the changes in liquidity position.
Peer comparison
Dec 31, 2024