US Foods Holding Corp (USFD)
Quick ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 59,000 | 269,000 | 211,000 | 148,000 | 828,000 |
| Short-term investments | US$ in thousands | — | 1,000 | — | — | — |
| Receivables | US$ in thousands | 1,957,000 | 1,854,000 | 1,700,000 | 1,469,000 | 1,084,000 |
| Total current liabilities | US$ in thousands | 3,296,000 | 3,112,000 | 2,796,000 | 2,550,000 | 1,982,000 |
| Quick ratio | 0.61 | 0.68 | 0.68 | 0.63 | 0.96 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($59,000K
+ $—K
+ $1,957,000K)
÷ $3,296,000K
= 0.61
The quick ratio of US Foods Holding Corp has exhibited fluctuations over the past five years. Starting at 0.96 in December 31, 2020, the quick ratio decreased to 0.63 by December 31, 2021. However, there was a slight improvement in the quick ratio to 0.68 by December 31, 2022, which remained stable through December 31, 2023. By December 31, 2024, the quick ratio declined to 0.61. Overall, the quick ratio suggests that the company may have faced some liquidity challenges in the most recent year, as the ratio indicates a reduction in the company's ability to cover its current liabilities with its most liquid assets.
Peer comparison
Dec 31, 2024