WESCO International Inc (WCC)
Current 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 8,351,400 | 8,683,500 | 8,536,100 | 8,912,800 | 8,391,600 | 8,611,400 | 8,583,400 | 8,448,100 | 8,330,540 | 7,897,090 | 7,606,480 | 6,878,970 | 6,350,110 | 6,215,500 | 5,995,750 | 5,575,140 | 5,506,630 | 5,597,450 | 5,438,390 | 2,777,480 |
| 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 |
| Current ratio | 2.20 | 2.21 | 2.28 | 2.21 | 2.48 | 2.36 | 2.40 | 2.39 | 2.18 | 2.21 | 2.12 | 2.11 | 2.08 | 1.98 | 1.82 | 2.05 | 1.84 | 2.20 | 2.36 | 2.67 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $8,351,400K ÷ $3,804,000K
= 2.20
The current ratio of WESCO International Inc has shown fluctuations over the past few years, ranging from a high of 2.67 in March 2020 to a low of 1.82 in June 2021. Generally, a current ratio above 1 indicates that the company has more current assets than current liabilities, which is considered a positive sign of liquidity. The company's current ratio has generally been above 2 since March 2020, indicating a strong ability to cover its short-term obligations with its current assets. However, the ratio dipped below 2 briefly in 2021, raising some concerns about the company's ability to meet its short-term liabilities during that period.
Overall, the current ratio of WESCO International Inc has mostly been at levels suggesting good liquidity, with some variations over time. It will be important to monitor future trends to ensure the company maintains a healthy balance between its current assets and liabilities.
Peer comparison
Dec 31, 2024