Science Applications International Corporation Common Stock (SAIC)
Quick ratio
| Jan 31, 2025 | Nov 1, 2024 | Aug 2, 2024 | May 3, 2024 | Feb 2, 2024 | Nov 3, 2023 | Aug 4, 2023 | May 5, 2023 | Feb 3, 2023 | Oct 28, 2022 | Jul 29, 2022 | Apr 29, 2022 | Jan 28, 2022 | Oct 29, 2021 | Jul 30, 2021 | Apr 30, 2021 | Jan 29, 2021 | Oct 30, 2020 | Jul 31, 2020 | May 1, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 56,000 | 46,000 | 48,000 | 49,000 | 94,000 | 311,000 | 352,000 | 422,000 | 109,000 | 53,000 | 99,000 | 56,000 | 106,000 | 148,000 | 133,000 | 261,000 | 171,000 | 182,000 | 197,000 | 276,000 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables | US$ in thousands | 1,000,000 | 1,022,000 | 946,000 | 934,000 | 914,000 | 1,010,000 | 958,000 | — | 936,000 | 1,059,000 | 1,036,000 | 1,104,000 | 1,015,000 | 1,107,000 | 1,064,000 | 1,023,000 | 962,000 | 1,052,000 | 1,032,000 | — |
| Total current liabilities | US$ in thousands | 1,396,000 | 1,337,000 | 1,292,000 | 1,154,000 | 1,158,000 | 1,226,000 | 1,212,000 | 1,553,000 | 1,126,000 | 1,230,000 | 1,190,000 | 1,334,000 | 1,352,000 | 1,395,000 | 1,383,000 | 1,398,000 | 1,275,000 | 1,433,000 | 1,373,000 | 1,452,000 |
| Quick ratio | 0.76 | 0.80 | 0.77 | 0.85 | 0.87 | 1.08 | 1.08 | 0.27 | 0.93 | 0.90 | 0.95 | 0.87 | 0.83 | 0.90 | 0.87 | 0.92 | 0.89 | 0.86 | 0.90 | 0.19 |
January 31, 2025 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($56,000K
+ $—K
+ $1,000,000K)
÷ $1,396,000K
= 0.76
The quick ratio of Science Applications International Corporation Common Stock has shown some fluctuations over the past few years. Starting at a low of 0.19 on May 1, 2020, the quick ratio increased steadily to reach a peak of 1.08 on August 4, 2023, and remained at this elevated level until November 3, 2023. This significant improvement indicates the company's ability to cover its short-term liabilities with its most liquid assets without relying heavily on inventory.
However, from February 2, 2024, the quick ratio started to decline, dropping to 0.76 on January 31, 2025. This decrease suggests a potential weakening in the company's short-term liquidity position, as it may have fewer liquid assets relative to its current liabilities. A low quick ratio could indicate difficulties in meeting immediate financial obligations without having to liquidate inventory.
Overall, the trend in Science Applications International Corporation Common Stock's quick ratio indicates a period of improved liquidity followed by a decline in recent periods. It is essential for the company to monitor and manage its liquidity effectively to ensure it can meet its short-term obligations in a timely manner.
Peer comparison
Jan 31, 2025