Deckers Outdoor Corporation (DECK)
Quick ratio
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 1,889,190 | 1,502,050 | 981,795 | 843,527 | 1,089,360 |
| Short-term investments | US$ in thousands | — | — | — | — | — |
| Receivables | US$ in thousands | 332,872 | 296,565 | 306,295 | 320,931 | 222,028 |
| Total current liabilities | US$ in thousands | 769,941 | 719,993 | 497,380 | 541,684 | 468,368 |
| Quick ratio | 2.89 | 2.50 | 2.59 | 2.15 | 2.80 |
March 31, 2025 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($1,889,190K
+ $—K
+ $332,872K)
÷ $769,941K
= 2.89
Deckers Outdoor Corporation's quick ratio has shown consistent strength over the years, indicating the company's ability to meet its short-term obligations with its most liquid assets. From March 2021 to March 2025, the quick ratio ranged between 2.15 and 2.89, with the lowest ratio at 2.15 in March 2022, and the highest at 2.89 in March 2025.
A quick ratio above 1 indicates that Deckers Outdoor Corporation has a sufficient level of liquid assets to cover its current liabilities. The upward trend in the quick ratio over the years suggests improved liquidity and financial stability for the company.
Overall, Deckers Outdoor Corporation's quick ratio performance reflects a strong financial position with the ability to quickly convert its current assets into cash to meet its short-term obligations.
Peer comparison
Mar 31, 2025