Urban Outfitters Inc (URBN)

Quick ratio

		Jan 31, 2025	Oct 31, 2024	Jul 31, 2024	Apr 30, 2024	Jan 31, 2024	Oct 31, 2023	Jul 31, 2023	Apr 30, 2023	Jan 31, 2023	Oct 31, 2022	Jul 31, 2022	Apr 30, 2022	Jan 31, 2022	Oct 31, 2021	Jul 31, 2021	Apr 30, 2021	Jan 31, 2021	Oct 31, 2020	Jul 31, 2020	Apr 30, 2020
Cash	US$ in thousands	290,481	182,516	209,129	173,995	178,321	206,237	224,744	171,655	201,260	147,431	91,665	71,640	206,575	236,354	464,811	364,247	395,635	624,945	662,860	588,740
Short-term investments	US$ in thousands	319,949	340,445	352,360	312,558	286,744	249,176	250,832	209,777	181,378	146,364	160,020	187,563	239,420	188,375	156,982	164,430	174,695	2	501	65,121
Receivables	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total current liabilities	US$ in thousands	1,075,680	1,125,540	1,010,420	1,034,220	994,205	1,048,920	957,476	927,676	890,374	1,008,440	966,885	920,155	981,473	1,049,000	946,365	891,600	906,132	946,898	771,216	663,577
Quick ratio		0.57	0.46	0.56	0.47	0.47	0.43	0.50	0.41	0.43	0.29	0.26	0.28	0.45	0.40	0.66	0.59	0.63	0.66	0.86	0.99

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 has shown fluctuations over the past few years. From January 2024 to January 2025, the quick ratio increased from 0.47 to 0.57, indicating an improvement in the company's short-term liquidity position. However, this increase followed a period of fluctuation, as the quick ratio declined to 0.28 by April 2022, before gradually recovering to 0.57 by January 2025. The quick ratio provides insight into the company's ability to meet its short-term obligations with its most liquid assets. Urban Outfitters Inc's management may need to carefully monitor and manage its short-term liquidity position to ensure ongoing stability.