Urban Outfitters Inc (URBN)

Quick ratio

		Jan 31, 2025	Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021
Cash	US$ in thousands	290,481	178,321	201,260	206,575	395,635
Short-term investments	US$ in thousands	319,949	286,744	181,378	239,420	174,695
Receivables	US$ in thousands	—	—	—	—	—
Total current liabilities	US$ in thousands	1,075,680	994,205	890,374	981,473	906,132
Quick ratio		0.57	0.47	0.43	0.45	0.63

January 31, 2025 calculation

Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($290,481K + $319,949K + $—K) ÷ $1,075,680K
= 0.57

The quick ratio of Urban Outfitters Inc, which measures the company's ability to meet its short-term liabilities with its most liquid assets, has shown a fluctuating trend over the past five years. Starting at 0.63 on January 31, 2021, the ratio decreased to 0.45 by January 31, 2022, indicating a potentially lower ability to cover immediate obligations with liquid assets. The ratio continued to decline slightly to 0.43 by January 31, 2023, before experiencing a slight increase to 0.47 by January 31, 2024. The most recent ratio reported as of January 31, 2025, stood at 0.57, showing an improvement in the company's short-term liquidity position compared to the previous year. Overall, the company's quick ratio has exhibited some volatility, suggesting varying levels of liquidity and potential challenges in meeting short-term obligations promptly.