Revvity Inc. (RVTY)

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	Jul 5, 2020	Apr 5, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Total current assets	US$ in thousands	3,001,090	2,913,240	3,523,340	3,795,610	3,288,560	3,116,480	2,107,770	2,454,510	2,440,780	2,250,800	2,259,990	2,674,570	2,238,920	1,675,820	1,531,410	1,341,830	1,374,380	1,548,400	1,337,760	1,247,650
Total current liabilities	US$ in thousands	1,450,460	1,447,840	1,366,830	1,563,740	1,544,480	1,485,730	1,043,810	1,263,050	1,213,740	1,145,030	1,122,820	1,520,510	1,652,190	1,244,800	1,163,260	730,144	762,832	1,188,100	706,799	742,268
Current ratio		2.07	2.01	2.58	2.43	2.13	2.10	2.02	1.94	2.01	1.97	2.01	1.76	1.36	1.35	1.32	1.84	1.80	1.30	1.89	1.68

December 31, 2023 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $3,001,090K ÷ $1,450,460K
= 2.07

The current ratio of Revvity Inc. has shown fluctuation over the past eight quarters. The current ratio measures the company's ability to cover its short-term liabilities with its current assets. A current ratio above 1 indicates that a company has more current assets than current liabilities, which is generally considered a positive sign.

In Q4 2023, the current ratio increased to 2.07 compared to the previous quarter, indicating an improvement in the company's liquidity position. This suggests that Revvity Inc. had $2.07 in current assets for every $1 in current liabilities at the end of the fourth quarter of 2023.

Although the current ratio fluctuated over the quarters, it has generally been above 2, except for Q1 2022 when it was 1.94. This indicates that Revvity Inc. has maintained a strong liquidity position overall, with sufficient current assets to meet its short-term obligations.

Overall, the trend of the current ratio for Revvity Inc. reflects a healthy liquidity position and suggests that the company is effectively managing its short-term financial obligations.