CDW Corp (CDW)
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 | 7,373,100 | 7,661,600 | 7,043,600 | 6,633,800 | 6,705,000 | 6,458,400 | 6,488,000 | 6,279,900 | 6,564,000 | 6,895,200 | 7,039,800 | 6,870,800 | 6,478,100 | 5,292,200 | 5,421,600 | 5,469,800 | 5,953,500 | 5,759,600 | 5,235,800 | 4,665,800 |
| Total current liabilities | US$ in thousands | 5,474,400 | 5,458,600 | 6,208,100 | 5,261,000 | 5,442,000 | 4,782,100 | 4,997,300 | 4,777,900 | 4,947,100 | 5,358,800 | 5,415,600 | 5,464,600 | 5,096,000 | 3,833,200 | 3,770,100 | 3,709,300 | 3,898,300 | 3,836,600 | 3,561,500 | 3,647,200 |
| Current ratio | 1.35 | 1.40 | 1.13 | 1.26 | 1.23 | 1.35 | 1.30 | 1.31 | 1.33 | 1.29 | 1.30 | 1.26 | 1.27 | 1.38 | 1.44 | 1.47 | 1.53 | 1.50 | 1.47 | 1.28 |
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 fluctuated over the past few years, ranging from a low of 1.13 to a high of 1.53. The current ratio measures the company's ability to meet its short-term obligations with its current assets. A current ratio of 1.0 or higher is generally considered healthy, as it indicates that the company has enough current assets to cover its current liabilities.
Based on the data provided, CDW Corp's current ratio has generally remained above 1.0, suggesting that the company has had sufficient current assets to meet its short-term obligations. However, there have been periods where the current ratio dipped below 1.0, which may indicate potential liquidity challenges.
It's important to monitor the trend of the current ratio over time to assess the company's liquidity position and ability to manage its short-term financial obligations effectively. In the most recent period, the current ratio stood at 1.35, which indicates that CDW Corp had $1.35 in current assets for every $1.00 in current liabilities as of December 31, 2024.
Peer comparison
Dec 31, 2024