DXC Technology Co (DXC)
Quick ratio
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 1,796,000 | 1,224,000 | 1,858,000 | 2,672,000 | 2,968,000 |
| Short-term investments | US$ in thousands | — | — | — | — | — |
| Receivables | US$ in thousands | 2,972,000 | 3,253,000 | 3,441,000 | 3,854,000 | 4,156,000 |
| Total current liabilities | US$ in thousands | 4,411,000 | 4,394,000 | 5,187,000 | 6,853,000 | 8,150,000 |
| Quick ratio | 1.08 | 1.02 | 1.02 | 0.95 | 0.87 |
March 31, 2025 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($1,796,000K
+ $—K
+ $2,972,000K)
÷ $4,411,000K
= 1.08
The quick ratio of DXC Technology Co has shown a gradual improvement over the past five years. Starting at 0.87 on March 31, 2021, the ratio has consistently increased to 0.95 in 2022, 1.02 in both 2023 and 2024, and further improved to 1.08 by March 31, 2025.
This trend indicates that the company's ability to meet its short-term obligations with its most liquid assets has been strengthening over time. A quick ratio above 1 suggests that DXC Technology Co has an adequate level of liquid assets to cover its short-term liabilities, indicating a good financial position and liquidity management.
Overall, the increasing trend in the quick ratio reflects positively on the company's liquidity and ability to meet its immediate financial obligations efficiently.
Peer comparison
Mar 31, 2025