CSG Systems International Inc (CSGS)

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 900,882 787,240 759,041 733,802 862,226 760,067 725,415 731,538 765,955 691,725 708,255 686,775 748,199 721,717 677,944 643,008 698,345 637,186 642,768 598,304
Total current liabilities US$ in thousands 615,209 499,509 476,444 421,167 560,836 461,533 431,102 441,735 527,209 445,380 683,437 646,877 695,102 663,241 623,239 587,733 420,015 357,386 370,767 344,803
Current ratio 1.46 1.58 1.59 1.74 1.54 1.65 1.68 1.66 1.45 1.55 1.04 1.06 1.08 1.09 1.09 1.09 1.66 1.78 1.73 1.74

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $900,882K ÷ $615,209K
= 1.46

CSG Systems International Inc's current ratio has shown fluctuations over the reporting periods provided. The current ratio, which measures the company's ability to meet its short-term obligations with its current assets, was relatively stable around 1.7 in the early quarters of data. However, there was a notable decline in the ratio in the latter half of 2021 and into 2022, dropping to around 1.0.

This decrease in the current ratio suggests a potential weakening in the company's short-term liquidity position or an increase in short-term obligations relative to current assets during that period. It is worth noting that from the second half of 2022, the current ratio began to improve, reaching levels above 1.5 by the end of 2023.

Overall, CSG Systems International Inc's current ratio trend indicates some variability in its short-term liquidity position, with fluctuations that may warrant further examination to understand the underlying factors influencing the ratio changes.