WESCO International Inc (WCC)
Quick 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 | 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 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables | 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 |
| Quick 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
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($702,600K
+ $—K
+ $—K)
÷ $3,804,000K
= 0.18
The quick ratio of WESCO International Inc has shown fluctuations over the period analyzed. It started at a low of 0.33 on March 31, 2020, and reached its lowest point of 0.06 on March 31, 2022. Subsequently, the ratio improved to 0.24 on March 31, 2024. The quick ratio indicates the company's ability to meet its short-term obligations with its most liquid assets. A quick ratio below 1 may suggest potential liquidity issues, as it indicates that the company may not be able to cover its current liabilities with its quick assets alone. The trend in WESCO International Inc's quick ratio should be carefully monitored to assess its liquidity position and ability to meet short-term obligations.
Peer comparison
Dec 31, 2024