Crowdstrike Holdings Inc (CRWD)

Quick ratio

		Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021	Jan 31, 2020
Cash	US$ in thousands	3,375,070	2,455,370	1,996,630	1,918,610	264,798
Short-term investments	US$ in thousands	99,591	250,000	0	2,500	647,266
Receivables	US$ in thousands	853,105	626,181	368,145	239,199	164,987
Total current liabilities	US$ in thousands	2,697,280	2,109,070	1,406,830	863,553	493,096
Quick ratio		1.60	1.58	1.68	2.50	2.18

January 31, 2024 calculation

Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($3,375,070K + $99,591K + $853,105K) ÷ $2,697,280K
= 1.60

The quick ratio of Crowdstrike Holdings Inc has shown a generally strong performance over the past five years, ranging from 1.58 to 2.50. The company's ability to meet its short-term financial obligations using its most liquid assets has been consistently healthy, indicating a robust liquidity position. The trend shows some fluctuation but overall remains at levels above 1, indicating that the company has an adequate buffer of liquid assets to cover its current liabilities. This suggests that Crowdstrike Holdings Inc is well-positioned to meet its short-term financial obligations without relying heavily on selling inventory and other less liquid assets.