Exelon Corporation (EXC)

Liquidity ratios

	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	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Current ratio	0.81	0.85	0.95	0.96	0.69	0.81	0.91	0.94	0.87	0.94	0.89	0.96	0.98	1.09	1.13	1.06	0.85	0.93	0.90	1.02
Quick ratio	0.40	0.41	0.43	0.48	0.38	0.45	0.50	0.65	0.39	0.51	0.47	0.53	0.42	0.55	0.58	0.58	0.38	0.54	0.48	0.44
Cash ratio	0.05	0.03	0.05	0.06	0.04	0.05	0.10	0.29	0.07	0.21	0.14	0.17	0.05	0.17	0.19	0.12	0.04	0.13	0.06	0.07

Exelon Corp.'s liquidity ratios have fluctuated over the past eight quarters. The current ratio, which measures the company's ability to cover short-term obligations with its current assets, has shown a declining trend from Q1 2022 to Q4 2023. This indicates a potential weakening in Exelon's short-term liquidity position.

The quick ratio, a more stringent measure of liquidity as it excludes inventory from current assets, has followed a similar downward trend over the same period. This suggests that Exelon may have difficulty meeting its short-term obligations without relying on inventory, which may not be easily convertible to cash.

Lastly, the cash ratio, which represents the proportion of current liabilities that can be covered by cash and cash equivalents, has also displayed a downward trend. This indicates that Exelon's ability to cover its short-term liabilities solely with cash has weakened over the quarters.

Overall, based on these liquidity ratios, Exelon Corp. appears to be facing challenges in maintaining a strong liquidity position in the short term. It may be prudent for the company to reassess its current asset management and cash flow strategies to improve its liquidity position.

Additional liquidity measure

		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	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Cash conversion cycle	days	110.83	111.77	106.94	-88.83	-118.65	-52.99	-36.03	-17.61	83.67	7.08	-8.53	-15.26	-32.04	-26.74	-18.56	-3.02	-4.88	22.99	29.19	20.04

The cash conversion cycle for Exelon Corp. has fluctuated over the past eight quarters, ranging from -86.47 days in Q4 2022 to -10.81 days in Q1 2022. A negative cash conversion cycle indicates that the company is able to convert its inventory into cash and receive payments from customers before having to pay its suppliers, which is generally a positive sign.

The trend shows an improvement in the cash conversion cycle over the quarters, with the cycle becoming more efficient in managing the company's working capital. In Q1 2023, the cash conversion cycle reached its most efficient level of -57.41 days, indicating that Exelon Corp. was able to generate cash quickly from its operating activities.

Overall, Exelon Corp. seems to be managing its working capital effectively and optimizing its cash flow cycle. The company's ability to convert its investments in inventory and receivables into cash efficiently is a positive indicator of its financial health and operational efficiency.