Sysco Corporation (SYY)
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 | 11,968,000 | 12,282,000 | 11,501,000 | 11,875,000 | 11,043,000 | 11,204,900 | 11,309,600 | 10,895,700 | 10,608,400 | 10,898,600 | 10,396,000 | 10,767,300 | 10,483,200 | 10,413,300 | 10,063,200 | 10,688,200 | 10,733,600 | 11,586,800 | 11,991,400 | 12,433,100 |
| Total current liabilities | US$ in thousands | 9,916,000 | 9,735,000 | 9,553,000 | 9,399,000 | 9,241,000 | 8,366,270 | 8,254,470 | 8,454,160 | 8,540,430 | 8,980,740 | 8,388,520 | 8,959,260 | 8,750,050 | 8,372,190 | 7,593,560 | 7,737,980 | 7,319,840 | 7,007,930 | 6,716,540 | 7,168,070 |
| Current ratio | 1.21 | 1.26 | 1.20 | 1.26 | 1.20 | 1.34 | 1.37 | 1.29 | 1.24 | 1.21 | 1.24 | 1.20 | 1.20 | 1.24 | 1.33 | 1.38 | 1.47 | 1.65 | 1.79 | 1.73 |
June 30, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $11,968,000K ÷ $9,916,000K
= 1.21
The current ratio of Sysco Corporation has exhibited fluctuations over the analyzed period, indicating underlying changes in the company's short-term liquidity position. Beginning at approximately 1.73 as of September 30, 2020, the ratio increased slightly to a peak of 1.79 by December 31, 2020. Subsequently, the ratio demonstrated a declining trend, reaching a low of 1.20 around June 30, 2022. This period marked a significant decrease from the initial levels, reflecting a weakening in the company's ability to meet its short-term obligations with its current assets.
Following this trough, the current ratio experienced moderate recovery, rising to 1.37 by December 31, 2023. The ratio stabilized around the 1.20 to 1.26 range through the first half of 2024. Notably, as of September 30, 2024, the ratio stood at approximately 1.26, indicating a marginal improvement compared to the earlier periods. However, this position remained relatively modest, suggesting that current assets slightly exceeded current liabilities but did not indicate an overly conservative liquidity cushion.
Overall, the trend reflects periods of liquidity tightening starting from mid-2021 through mid-2022, with signs of slight recovery thereafter. Maintaining a current ratio near or above 1.2 suggests that Sysco generally manages to cover its short-term obligations, but the variability indicates potential areas of concern related to liquidity management, especially during the period of decline. It is essential to monitor these fluctuations to assess the company's capacity to withstand unexpected financial stress.
Peer comparison
Jun 30, 2025