Columbia Sportswear Company (COLM)

Current ratio

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Total current assets	US$ in thousands	2,014,680	1,882,760	1,901,140	1,987,360	2,136,940	1,959,610	1,795,130	1,838,130	2,114,040	1,920,070	1,878,720	1,805,220	1,855,620	1,647,800	1,602,760	1,710,740	1,875,750	1,698,850	1,662,170	1,638,650
Total current liabilities	US$ in thousands	596,627	525,960	557,268	568,685	738,718	696,656	618,444	571,014	680,390	590,719	567,600	474,968	552,622	499,594	535,828	610,355	630,915	558,147	577,981	479,844
Current ratio		3.38	3.58	3.41	3.49	2.89	2.81	2.90	3.22	3.11	3.25	3.31	3.80	3.36	3.30	2.99	2.80	2.97	3.04	2.88	3.41

December 31, 2023 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $2,014,680K ÷ $596,627K
= 3.38

The current ratio of Columbia Sportswear Co. has shown a generally positive trend over the past 8 quarters, ranging from 2.81 to 3.58. This ratio indicates the company's ability to meet its short-term obligations with its current assets.

The current ratio has consistently been above 1, pointing to a healthy financial position and solvency. An upward trend from Q4 2022 to Q3 2023 suggests an improvement in the company's liquidity position, as the ratio increased from 2.89 to 3.58 during this period.

With current ratios consistently above 3, Columbia Sportswear Co. appears to have a strong capacity to cover its short-term liabilities with its current assets. However, fluctuations in the ratio over the quarters should be further analyzed to understand the underlying reasons and ensure sustained liquidity health.