John Wiley & Sons (WLY)
Quick ratio
| Apr 30, 2025 | Apr 30, 2024 | Apr 30, 2023 | Apr 30, 2022 | Apr 30, 2021 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 85,882 | 83,249 | 106,714 | 100,397 | 93,795 |
| Short-term investments | US$ in thousands | — | 154 | 6,400 | 900 | — |
| Receivables | US$ in thousands | 228,410 | 224,198 | 310,121 | 331,960 | 311,571 |
| Total current liabilities | US$ in thousands | 820,856 | 873,282 | 895,553 | 969,419 | 988,972 |
| Quick ratio | 0.38 | 0.35 | 0.47 | 0.45 | 0.41 |
April 30, 2025 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($85,882K
+ $—K
+ $228,410K)
÷ $820,856K
= 0.38
The quick ratio of John Wiley & Sons over the specified period indicates a generally stable liquidity position, with some fluctuations observed. As of April 30, 2021, the quick ratio stood at 0.41, reflecting that the company had $0.41 in liquid assets (excluding inventories) for every dollar of current liabilities. By April 30, 2022, this ratio increased modestly to 0.45, suggesting an improvement in the company's ability to meet short-term obligations using its most liquid assets. The upward trend continued into April 30, 2023, with the ratio reaching 0.47, showing further enhancement in liquidity levels.
However, a notable decline is observed in April 30, 2024, when the quick ratio decreased to 0.35. This decline indicates a diminished liquidity buffer, with the company holding proportionally fewer liquid assets relative to its current liabilities. The reduction may be attributed to various factors, such as increased working capital requirements, changes in short-term asset composition, or a cautious approach to cash and liquid asset management.
The data for April 30, 2025, is unavailable, which prevents a comprehensive understanding of the ongoing trend. Nonetheless, the observed pattern suggests that while John Wiley & Sons maintained a relatively stable liquidity cushion over the given timeframe, recent movements imply a potential weakening in the immediacy of its liquidity position as of April 30, 2024.
Peer comparison
Apr 30, 2025