VF Corporation (VFC)

Quick ratio

		Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Cash	US$ in thousands	429,382	674,605	814,887	1,275,940	815,750
Short-term investments	US$ in thousands	—	2,335	—	0	598,806
Receivables	US$ in thousands	1,321,660	1,276,360	1,610,300	1,467,840	1,298,020
Total current liabilities	US$ in thousands	2,697,850	3,456,980	3,545,770	3,315,400	2,210,480
Quick ratio		0.65	0.57	0.68	0.83	1.23

March 31, 2025 calculation

Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($429,382K + $—K + $1,321,660K) ÷ $2,697,850K
= 0.65

The quick ratio of VF Corporation has shown a declining trend over the past five years, decreasing from 1.23 as of March 31, 2021, to 0.65 as of March 31, 2025. This indicates that the company's ability to meet its short-term obligations with its most liquid assets has weakened over time. A quick ratio below 1 suggests that VF Corporation may potentially struggle to cover immediate liabilities with its current quick assets alone. This trend warrants further investigation into the company's liquidity management and may raise concerns about its short-term financial health and ability to withstand economic uncertainties.