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 | ||
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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.
Peer comparison
Mar 31, 2025