ScanSource Inc (SCSC)
Current ratio
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 1,370,450 | 1,310,270 | 1,283,760 | 1,352,360 | 1,404,700 | 1,416,160 | 1,405,200 | 1,507,440 | 1,657,080 | 1,577,540 | 1,719,060 | 1,587,700 | 1,523,800 | 1,407,830 | 1,334,340 | 1,256,410 | 1,219,640 | 1,117,800 | 1,119,130 | 1,251,880 |
| Total current liabilities | US$ in thousands | 682,964 | 631,850 | 609,623 | 666,006 | 669,352 | 643,046 | 610,612 | 701,049 | 786,801 | 744,151 | 836,736 | 794,055 | 814,264 | 800,973 | 746,766 | 692,415 | 732,939 | 622,697 | 689,586 | 838,165 |
| Current ratio | 2.01 | 2.07 | 2.11 | 2.03 | 2.10 | 2.20 | 2.30 | 2.15 | 2.11 | 2.12 | 2.05 | 2.00 | 1.87 | 1.76 | 1.79 | 1.81 | 1.66 | 1.80 | 1.62 | 1.49 |
June 30, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,370,450K ÷ $682,964K
= 2.01
The current ratio of ScanSource Inc. has demonstrated a generally upward trend over the analyzed period, indicating an overall improvement in the company's short-term liquidity position. Starting from a ratio of 1.49 as of September 30, 2020, the ratio increased to reach approximately 2.15 by September 30, 2023. This progression suggests an increasing level of current assets relative to current liabilities, signifying enhanced capacity to meet short-term obligations.
Throughout the period, the ratio exhibited some fluctuations but maintained a consistent upward trajectory, with notable growth observed in 2022 and into late 2023. The highest recorded ratio during this timeframe was approximately 2.30 at the end of 2023, reflecting a robust liquidity buffer. The declining figures observed in early 2024 and mid-2024, as well as the subsequent stabilization around 2.10 to 2.03, indicate some short-term variability, yet the ratio remained well above the generally acceptable threshold of 1.5, suggesting satisfactory liquidity levels.
Overall, the trend toward higher current ratios over the period implies that ScanSource Inc. has managed to strengthen its short-term liquidity position, likely facilitating greater operational flexibility and financial stability. The ratios consistently exceeding 2 in recent periods demonstrate a conservative liquidity management approach, reducing potential liquidity risk.
Peer comparison
Jun 30, 2025