Oxford Industries Inc (OXM)

Quick ratio

Feb 28, 2025 Nov 30, 2024 Aug 31, 2024 May 31, 2024 Feb 29, 2024 Feb 3, 2024 Nov 30, 2023 Oct 28, 2023 Aug 31, 2023 Jul 29, 2023 May 31, 2023 Apr 29, 2023 Feb 28, 2023 Jan 28, 2023 Nov 30, 2022 Oct 29, 2022 Aug 31, 2022 Jul 30, 2022 May 31, 2022 Apr 30, 2022
Cash US$ in thousands 9,470 7,027 18,421 7,657 7,604 7,604 7,879 7,879 7,790 7,790 9,712 9,712 8,826 8,826 14,976 14,976 31,269 31,269 31,799 31,799
Short-term investments US$ in thousands — — — — — — — — 0 — 0 — 0 0 0 — 154,754 154,754 134,327 134,327
Receivables US$ in thousands — — — — — 82,911 — 79,555 — 74,984 — 100,925 — 63,426 — 84,237 — 70,500 — 94,115
Total current liabilities US$ in thousands 248,275 216,587 226,924 225,585 240,644 240,644 212,512 212,512 232,561 232,561 242,046 242,046 269,639 269,639 230,395 230,395 222,640 222,640 226,417 226,417
Quick ratio 0.04 0.03 0.08 0.03 0.03 0.38 0.04 0.41 0.03 0.36 0.04 0.46 0.03 0.27 0.07 0.43 0.84 1.15 0.73 1.15

February 28, 2025 calculation

Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($9,470K + $—K + $—K) ÷ $248,275K
= 0.04

The quick ratio of Oxford Industries Inc fluctuated over the provided period, ranging from a high of 1.15 in April 30, 2022, and July 30, 2022, to a low of 0.03 in February 28, 2023, February 29, 2024, and May 31, 2024. The quick ratio measures the company's ability to meet its short-term obligations with its most liquid assets. A quick ratio above 1 indicates that the company has enough liquid assets to cover its current liabilities, while a ratio below 1 may suggest potential liquidity issues. The significant variations in the quick ratio over time could indicate fluctuations in the company's ability to convert its current assets into cash quickly. It is crucial for investors and stakeholders to monitor the quick ratio trends to assess Oxford Industries Inc's liquidity and financial health.