USANA Health Sciences Inc (USNA)
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 | 181,768 | 364,889 | 332,423 | 328,336 | 330,420 | 307,081 | 300,183 | 295,454 | 288,420 | 246,879 | 230,370 | 237,753 | 239,832 | 248,695 | 265,368 | 256,964 | 311,917 | 278,418 | 227,368 | 194,098 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables | US$ in thousands | 8,223 | — | — | — | 7,201 | — | — | — | 7,213 | — | — | — | 7,163 | — | — | — | 7,420 | — | — | — |
| Total current liabilities | US$ in thousands | 139,625 | 114,779 | 103,896 | 112,631 | 118,845 | 112,559 | 113,839 | 130,222 | 143,833 | 125,846 | 133,594 | 157,967 | 160,790 | 157,964 | 153,000 | 151,452 | 168,073 | 160,863 | 139,717 | 124,504 |
| Quick ratio | 1.36 | 3.18 | 3.20 | 2.92 | 2.84 | 2.73 | 2.64 | 2.27 | 2.06 | 1.96 | 1.72 | 1.51 | 1.54 | 1.57 | 1.73 | 1.70 | 1.90 | 1.73 | 1.63 | 1.56 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($181,768K
+ $—K
+ $8,223K)
÷ $139,625K
= 1.36
The quick ratio of USANA Health Sciences Inc has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The quick ratio measures the company's ability to meet its short-term obligations using its most liquid assets.
USANA's quick ratio started at 1.56 on March 31, 2020, improved consistently, reaching a peak of 3.20 on June 30, 2024. This indicates that the company had a strong ability to cover its current liabilities with its quick assets during this period. However, a notable drop was observed on December 31, 2024, with a quick ratio of 1.36, which might raise concerns about its short-term liquidity position.
Overall, the trend of the quick ratio suggests that USANA Health Sciences Inc has maintained a relatively stable liquidity position with some variability in its ability to cover short-term obligations with its quick assets. Further analysis of the company's financial performance and cash management practices may provide insights into these fluctuations.