ScanSource Inc (SCSC)
Quick ratio
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 126,157 | 185,460 | 36,178 | 37,987 | 62,718 |
| Short-term investments | US$ in thousands | — | — | 4,687 | 1,686 | — |
| Receivables | US$ in thousands | 635,521 | 581,523 | 833,291 | 729,442 | 568,984 |
| Total current liabilities | US$ in thousands | 682,964 | 669,352 | 786,801 | 814,264 | 732,939 |
| Quick ratio | 1.12 | 1.15 | 1.11 | 0.94 | 0.86 |
June 30, 2025 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($126,157K
+ $—K
+ $635,521K)
÷ $682,964K
= 1.12
The quick ratio of ScanSource Inc. demonstrates a steady upward trend over the three-year period from June 30, 2021, to June 30, 2025. Specifically, the ratio increased from 0.86 in 2021 to 0.94 in 2022, indicating an improvement in the company's liquidity position and its ability to cover its short-term liabilities with its most liquid assets. This upward movement continues with the ratio reaching 1.11 in 2023, surpassing the critical threshold of 1.0, which typically signifies that the company's liquid assets are sufficient to meet its immediate obligations without relying on inventories or other less liquid current assets. The ratio further improves to 1.15 in 2024, reflecting a slight enhancement in liquidity, before marginally decreasing to 1.12 in 2025. Overall, the trend suggests that ScanSource Inc. has been progressively strengthening its short-term liquidity position during this period, with the ratios maintaining above the 1.0 level in the most recent year, indicative of an improved capacity to satisfy current liabilities promptly.
Peer comparison
Jun 30, 2025