Repligen Corporation (RGEN)

Current ratio

		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
Total current assets	US$ in thousands	1,111,040	978,456	998,583	1,018,800	998,118	953,233	975,995	944,789	931,677	910,854	983,830	926,335	902,382	696,728	687,157	651,378	641,828	621,540	316,494	284,077
Total current liabilities	US$ in thousands	158,162	363,364	373,583	405,321	404,196	410,696	423,522	424,333	375,262	349,439	332,342	313,328	318,956	50,984	44,401	41,853	48,313	38,765	140,913	130,278
Current ratio		7.02	2.69	2.67	2.51	2.47	2.32	2.30	2.23	2.48	2.61	2.96	2.96	2.83	13.67	15.48	15.56	13.28	16.03	2.25	2.18

December 31, 2023 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $1,111,040K ÷ $158,162K
= 7.02

The current ratio of Repligen Corp. has shown a significant improvement from Q1 2022 to Q4 2023, indicating an enhanced ability to meet its short-term obligations. The ratio has consistently increased over the past quarters, reaching its highest level of 7.02 in Q4 2023. This indicates that the company's current assets are more than seven times higher than its current liabilities, suggesting a strong liquidity position. The trend of increasing current ratio may signal effective management of working capital and efficient use of resources to support the company's operations and growth. Overall, the current ratio analysis reflects positively on the financial health and liquidity of Repligen Corp.