DXC Technology Co (DXC)
Quick ratio
| Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 1,796,000 | 1,723,000 | 1,245,000 | 1,317,000 | 1,224,000 | 1,691,000 | 1,412,000 | 1,576,000 | 1,858,000 | 2,091,000 | 2,260,000 | 2,209,000 | 2,672,000 | 2,919,000 | 2,699,000 | 2,460,000 | 2,968,000 | 3,919,000 | 3,079,000 | 5,509,000 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables | US$ in thousands | 2,972,000 | 2,759,000 | 3,104,000 | 2,996,000 | 3,253,000 | 3,132,000 | 3,146,000 | 3,285,000 | 3,441,000 | 3,454,000 | 3,467,000 | 3,693,000 | 3,854,000 | 3,670,000 | 3,821,000 | 4,081,000 | 4,156,000 | 4,130,000 | 4,194,000 | 4,271,000 |
| Total current liabilities | US$ in thousands | 4,411,000 | 3,788,000 | 4,004,000 | 4,093,000 | 4,394,000 | 4,961,000 | 4,724,000 | 5,057,000 | 5,187,000 | 6,170,000 | 5,865,000 | 6,257,000 | 6,853,000 | 6,728,000 | 6,819,000 | 7,406,000 | 8,150,000 | 8,270,000 | 8,656,000 | 8,325,000 |
| Quick ratio | 1.08 | 1.18 | 1.09 | 1.05 | 1.02 | 0.97 | 0.96 | 0.96 | 1.02 | 0.90 | 0.98 | 0.94 | 0.95 | 0.98 | 0.96 | 0.88 | 0.87 | 0.97 | 0.84 | 1.17 |
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 fluctuated over the past few years, ranging from a low of 0.84 to a high of 1.18. The quick ratio measures the company's ability to meet its short-term obligations with its most liquid assets, excluding inventory. A quick ratio above 1 indicates that the company has an adequate level of liquid assets to cover its short-term liabilities.
Looking at the trend, the quick ratio dipped to 0.84 in September 2020 but gradually improved before peaking at 1.18 in December 2024. This upward trend suggests that DXC Technology Co has been able to enhance its liquidity position over time. However, it is essential to note the slight decline in the quick ratio to 1.08 in March 2025.
Overall, the quick ratio of DXC Technology Co indicates a healthy liquidity position, which is crucial for meeting short-term financial obligations efficiently. Management should continue to monitor this ratio to ensure ongoing liquidity and financial stability.
Peer comparison
Mar 31, 2025