Dollar General Corporation (DG)
Quick ratio
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 2, 2024 | Jan 31, 2024 | Nov 3, 2023 | Oct 31, 2023 | Aug 4, 2023 | Jul 31, 2023 | May 5, 2023 | Apr 30, 2023 | Feb 3, 2023 | Jan 31, 2023 | Oct 31, 2022 | Oct 28, 2022 | Jul 31, 2022 | Jul 29, 2022 | Apr 30, 2022 | Apr 29, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 932,576 | 537,257 | 1,222,690 | 720,700 | 537,283 | 537,283 | 365,447 | 365,447 | 353,018 | 353,018 | 313,064 | 313,064 | 381,576 | 381,576 | 362,731 | 362,731 | 326,263 | 326,263 | 335,613 | 335,613 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables | US$ in thousands | — | — | — | — | 112,262 | — | 197,555 | — | 151,730 | — | — | — | 135,775 | — | — | 188,082 | — | 93,283 | — | 33,576 |
| Total current liabilities | US$ in thousands | 6,868,700 | 7,110,700 | 7,141,190 | 6,641,860 | 6,725,700 | 6,725,700 | 6,787,090 | 6,787,090 | 6,033,920 | 6,033,920 | 6,100,680 | 6,100,680 | 5,887,770 | 5,887,770 | 6,502,650 | 6,502,650 | 7,566,790 | 7,566,790 | 6,951,840 | 6,951,840 |
| Quick ratio | 0.14 | 0.08 | 0.17 | 0.11 | 0.10 | 0.08 | 0.08 | 0.05 | 0.08 | 0.06 | 0.05 | 0.05 | 0.09 | 0.06 | 0.06 | 0.08 | 0.04 | 0.06 | 0.05 | 0.05 |
January 31, 2025 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($932,576K
+ $—K
+ $—K)
÷ $6,868,700K
= 0.14
The quick ratio of Dollar General Corporation has shown variability over the given period, ranging from 0.04 to 0.17. This ratio measures the company's ability to meet its short-term obligations with its most liquid assets. A quick ratio below 1 indicates a potential liquidity concern, as it implies the company may have difficulty meeting its current liabilities without relying on inventory.
Dollar General Corporation's quick ratio has generally been below 1, which may raise concerns about its ability to cover short-term obligations without relying heavily on inventory. The ratio has seen some improvement towards the latter part of the period, reaching a high of 0.17 on July 31, 2024. This improvement suggests better short-term liquidity management. However, sustained monitoring of the quick ratio is important to assess the company's ongoing ability to meet its immediate financial obligations effectively.
Peer comparison
Jan 31, 2025