Sprouts Farmers Market LLC (SFM)
Quick ratio
| 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 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 265,159 | 309,668 | 179,521 | 312,276 | 201,794 | 251,780 | 259,484 | 294,905 | 293,233 | 316,042 | 288,965 | 324,301 | 245,287 | 260,218 | 220,909 | 256,019 | 169,697 | 137,518 | 328,116 | 247,101 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | 687 | 230 | — | — | — | — | — | — | — | — | — |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 679,968 | 616,024 | 549,757 | 585,948 | 546,869 | 541,545 | 538,226 | 515,131 | 522,380 | 525,138 | 515,349 | 523,693 | 513,473 | 507,160 | 483,542 | 490,373 | 496,132 | 509,581 | 572,756 | 547,395 |
| Quick ratio | 0.39 | 0.50 | 0.33 | 0.53 | 0.37 | 0.46 | 0.48 | 0.57 | 0.56 | 0.60 | 0.56 | 0.62 | 0.48 | 0.51 | 0.46 | 0.52 | 0.34 | 0.27 | 0.57 | 0.45 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($265,159K
+ $—K
+ $—K)
÷ $679,968K
= 0.39
The quick ratio of Sprouts Farmers Market LLC has shown fluctuations over the period under consideration. It was below 1.0 in most of the quarters, indicating a potential liquidity concern. The quick ratio increased from 0.45 as of March 31, 2020, to a peak of 0.62 as of March 31, 2022, suggesting an improvement in the company's ability to meet its short-term obligations using its most liquid assets. However, the ratio decreased thereafter to 0.39 as of December 31, 2024, which could indicate a decrease in the company's liquidity position during that period. Overall, while there have been fluctuations in the quick ratio, the company may need to maintain a more stable liquidity position to effectively meet its short-term financial obligations.
Peer comparison
Dec 31, 2024