VF Corporation (VFC)

Quick ratio

Mar 31, 2025 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
Cash US$ in thousands — 1,369,380 492,164 637,420 676,826 988,006 500,109 806,529 814,887 571,347 552,811 528,029 1,275,940 1,333,840 1,360,140 1,274,930 815,750 3,254,240 1,877,400 2,145,110
Short-term investments US$ in thousands — — — 1,690 2,335 1,737 — — — — — 0 0 598,806 0 598,806 598,806 599,403 800,000 700,000
Receivables US$ in thousands — 1,343,290 1,820,200 1,058,760 1,276,360 1,314,140 1,893,070 1,214,220 1,610,300 1,564,960 1,834,600 1,249,710 1,467,840 1,495,860 1,787,330 1,138,810 1,298,020 1,411,560 1,606,480 934,984
Total current liabilities US$ in thousands — 3,226,910 4,982,430 4,408,970 3,456,980 3,997,280 3,544,830 3,816,440 3,545,770 4,546,230 5,345,990 3,464,000 3,315,400 3,223,880 3,384,360 3,071,450 2,210,480 2,498,020 2,084,530 1,715,460
Quick ratio — 0.84 0.46 0.39 0.57 0.58 0.68 0.53 0.68 0.47 0.45 0.51 0.83 1.06 0.93 0.98 1.23 2.11 2.06 2.20

March 31, 2025 calculation

Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($—K + $—K + $—K) ÷ $—K
= —

The quick ratio of VF Corporation has shown some fluctuations over the past few years. As of the most recent data available, the quick ratio as of June 30, 2024, stood at 0.39, indicating a decrease in the company's ability to meet its short-term obligations with its most liquid assets.

The quick ratio measures the company's ability to cover its current liabilities with its most liquid assets, excluding inventory. A quick ratio above 1 is generally considered healthy, as it suggests the company has enough liquid assets to cover its short-term liabilities.

In the case of VF Corporation, the quick ratio has been trending downwards since March 31, 2023. The decreasing trend may raise concerns about the company's liquidity position and ability to meet its short-term obligations. It is important for the company to closely monitor its liquidity position and take necessary steps to improve its quick ratio to ensure financial stability and solvency.