WESCO International Inc (WCC)
Cash 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 and cash equivalents | US$ in thousands | 702,600 | 706,800 | 716,500 | 984,100 | 524,100 | 631,400 | 529,000 | 349,100 | 527,348 | 234,083 | 236,792 | 201,474 | 212,583 | 251,799 | 287,891 | 303,887 | 449,135 | 352,249 | 265,222 | 342,560 |
Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Total current liabilities | US$ in thousands | 3,804,000 | 3,928,500 | 3,748,300 | 4,035,900 | 3,388,400 | 3,653,600 | 3,581,700 | 3,538,900 | 3,817,350 | 3,567,570 | 3,592,830 | 3,262,130 | 3,049,810 | 3,138,100 | 3,301,960 | 2,726,010 | 2,986,460 | 2,540,940 | 2,301,730 | 1,040,500 |
Cash ratio | 0.18 | 0.18 | 0.19 | 0.24 | 0.15 | 0.17 | 0.15 | 0.10 | 0.14 | 0.07 | 0.07 | 0.06 | 0.07 | 0.08 | 0.09 | 0.11 | 0.15 | 0.14 | 0.12 | 0.33 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($702,600K
+ $—K)
÷ $3,804,000K
= 0.18
The cash ratio of WESCO International Inc has shown some fluctuations over the period from March 31, 2020, to December 31, 2024. The cash ratio represents the company's ability to cover its short-term liabilities with its cash and cash equivalents.
The cash ratio started at 0.33 on March 31, 2020, showing that the company had $0.33 in cash and cash equivalents for every dollar of current liabilities. It then decreased to 0.12 on June 30, 2020, indicating a decline in its liquidity position.
Subsequently, the cash ratio showed some improvement, reaching 0.15 on December 31, 2020. However, there was a decrease to 0.11 on March 31, 2021, which was followed by a downward trend to 0.07 on December 31, 2021.
From March 31, 2022, to December 31, 2024, the cash ratio fluctuated within the range of 0.06 to 0.24, showing some variability in the company's ability to cover its short-term liabilities with its cash reserves. Overall, the cash ratio trend indicates changes in the company's liquidity position over the analyzed period.
Peer comparison
Dec 31, 2024