Dell Technologies Inc (DELL)
Quick ratio
| Aug 2, 2024 | May 3, 2024 | Feb 2, 2024 | Nov 3, 2023 | Aug 4, 2023 | May 5, 2023 | Feb 3, 2023 | Oct 28, 2022 | Jul 29, 2022 | Apr 29, 2022 | Jan 28, 2022 | Oct 29, 2021 | Jul 30, 2021 | Apr 30, 2021 | Jan 29, 2021 | Oct 30, 2020 | Jul 31, 2020 | May 1, 2020 | Jan 31, 2020 | Nov 1, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 4,550,000 | 5,830,000 | 7,366,000 | 8,298,000 | 8,364,000 | 7,631,000 | 8,607,000 | 4,909,000 | 5,507,000 | 6,654,000 | 9,477,000 | 22,406,000 | 11,719,000 | 14,244,000 | 9,508,000 | 11,304,000 | 11,221,000 | 12,229,000 | 9,302,000 | 8,555,000 |
| Short-term investments | US$ in thousands | 4,000 | 10,000 | 10,000 | 5,000 | 5,000 | 200,000 | 33,000 | 50,000 | 25,000 | 61,000 | 86,000 | 155,000 | 299,000 | 327,000 | 449,000 | 553,000 | 1,000 | 974,000 | 12,000 | — |
| Receivables | US$ in thousands | 16,359,000 | 13,223,000 | 4,643,000 | 4,540,000 | 4,807,000 | — | 18,141,000 | 16,549,000 | 18,486,000 | 16,764,000 | 18,132,000 | 19,147,000 | 17,869,000 | 15,889,000 | 17,943,000 | 16,249,000 | 16,498,000 | — | 17,379,000 | — |
| Total current liabilities | US$ in thousands | 52,033,000 | 47,734,000 | 48,494,000 | 48,877,000 | 50,942,000 | 46,825,000 | 51,654,000 | 52,007,000 | 54,789,000 | 53,059,000 | 56,219,000 | 69,702,000 | 55,483,000 | 54,856,000 | 54,132,000 | 50,302,000 | 54,288,000 | 50,011,000 | 52,456,000 | 49,055,000 |
| Quick ratio | 0.40 | 0.40 | 0.25 | 0.26 | 0.26 | 0.17 | 0.52 | 0.41 | 0.44 | 0.44 | 0.49 | 0.60 | 0.54 | 0.56 | 0.52 | 0.56 | 0.51 | 0.26 | 0.51 | 0.17 |
August 2, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($4,550,000K
+ $4,000K
+ $16,359,000K)
÷ $52,033,000K
= 0.40
The quick ratio of Dell Technologies Inc has fluctuated over the past several quarters. The quick ratio measures the company's ability to meet its short-term obligations with its most liquid assets. A quick ratio of less than 1 indicates that the company may have difficulty meeting its current liabilities.
In the latest period, the quick ratio was 0.40, indicating that Dell may have challenges in meeting its short-term obligations with its readily available assets. The stability of the quick ratio around this level over the past few quarters suggests that Dell may be managing its liquidity conservatively.
It is noteworthy that the quick ratio has varied between 0.17 and 0.60 over the historical period, indicating fluctuations in Dell's liquidity position. The company's ability to maintain a quick ratio above 0.40 in most quarters suggests a degree of stability in its liquidity management.
Overall, Dell Technologies Inc's quick ratio analysis indicates a fluctuating but generally stable liquidity position, with the company able to meet its short-term obligations with its liquid assets, albeit with some variability over time.
Peer comparison
Aug 2, 2024