Church & Dwight Company Inc (CHD)
Quick ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 964,100 | 344,500 | 270,300 | 240,600 | 183,100 |
| Short-term investments | US$ in thousands | — | — | — | — | 9,000 |
| Receivables | US$ in thousands | 600,800 | 526,900 | 422,000 | 405,500 | 398,800 |
| Total current liabilities | US$ in thousands | 1,315,900 | 1,422,000 | 1,183,800 | 2,075,200 | 1,388,600 |
| Quick ratio | 1.19 | 0.61 | 0.58 | 0.31 | 0.43 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($964,100K
+ $—K
+ $600,800K)
÷ $1,315,900K
= 1.19
The quick ratio of Church & Dwight Company Inc has shown variation over the past five years. Starting at 0.43 on December 31, 2020, the ratio decreased to 0.31 by December 31, 2021. However, there was a significant improvement in liquidity as the ratio increased to 0.58 by December 31, 2022, and further to 0.61 by December 31, 2023. Notably, there was a substantial surge in the quick ratio to 1.19 by December 31, 2024, indicating a strong ability to meet short-term liabilities with liquid assets. This positive trend suggests improved financial stability and liquidity position for Church & Dwight Company Inc in recent years.
Peer comparison
Dec 31, 2024