PepsiCo Inc (PEP)
Quick ratio
| Dec 31, 2024 | Sep 7, 2024 | Jun 15, 2024 | Mar 23, 2024 | Dec 31, 2023 | Sep 9, 2023 | Jun 17, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 3, 2022 | Jun 11, 2022 | Mar 19, 2022 | Dec 31, 2021 | Sep 4, 2021 | Jun 12, 2021 | Mar 20, 2021 | Dec 31, 2020 | Sep 5, 2020 | Jun 13, 2020 | Mar 21, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 8,505,000 | 7,308,000 | 6,353,000 | 8,047,000 | 9,711,000 | 10,017,000 | 6,116,000 | 4,770,000 | 4,954,000 | 6,415,000 | 5,405,000 | 6,561,000 | 5,596,000 | 6,506,000 | 5,449,000 | 5,661,000 | 8,185,000 | 9,094,000 | 8,927,000 | 11,089,000 |
| Short-term investments | US$ in thousands | 761,000 | 743,000 | 315,000 | 303,000 | 292,000 | 266,000 | 338,000 | 434,000 | 394,000 | 327,000 | 287,000 | 343,000 | 392,000 | 344,000 | 328,000 | 964,000 | 1,366,000 | 611,000 | 196,000 | 158,000 |
| Receivables | US$ in thousands | 10,333,000 | 12,088,000 | 11,942,000 | 10,938,000 | 10,815,000 | 11,782,000 | 11,456,000 | 10,469,000 | 10,163,000 | — | — | — | 8,680,000 | — | — | — | 8,404,000 | — | — | — |
| Total current liabilities | US$ in thousands | 31,536,000 | 30,315,000 | 31,148,000 | 30,234,000 | 31,647,000 | 32,660,000 | 29,618,000 | 25,837,000 | 26,785,000 | 25,653,000 | 27,223,000 | 25,824,000 | 26,220,000 | 25,077,000 | 23,623,000 | 22,693,000 | 23,372,000 | 26,009,000 | 23,827,000 | 22,078,000 |
| Quick ratio | 0.62 | 0.66 | 0.60 | 0.64 | 0.66 | 0.68 | 0.60 | 0.61 | 0.58 | 0.26 | 0.21 | 0.27 | 0.56 | 0.27 | 0.24 | 0.29 | 0.77 | 0.37 | 0.38 | 0.51 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($8,505,000K
+ $761,000K
+ $10,333,000K)
÷ $31,536,000K
= 0.62
The quick ratio of PepsiCo Inc has shown fluctuations over the specified time period, ranging from a low of 0.21 to a high of 0.77. The quick ratio measures the company's ability to cover its short-term liabilities with its most liquid assets, excluding inventory. A quick ratio below 1 indicates that the company may have difficulty meeting its short-term obligations.
In the last few quarters, the quick ratio has generally been below 1, indicating a potential liquidity challenge for PepsiCo Inc. The trend shows a decline in the quick ratio from the beginning of the period, with some slight improvements in the more recent quarters.
It is important for investors and analysts to monitor the quick ratio over time to assess PepsiCo Inc's short-term liquidity position and ability to meet its financial obligations.
Peer comparison
Dec 31, 2024