Walmart Inc (WMT)
Current ratio
| Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | Oct 31, 2019 | Jul 31, 2019 | Apr 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 76,877,000 | 88,391,000 | 82,032,000 | 78,511,000 | 75,655,000 | 87,680,000 | 84,164,000 | 83,220,000 | 81,070,000 | 82,964,000 | 78,243,000 | 76,591,000 | 90,067,000 | 73,602,000 | 64,996,000 | 63,328,000 | 61,806,000 | 67,912,000 | 61,371,000 | 61,739,000 |
| Total current liabilities | US$ in thousands | 92,415,000 | 104,230,000 | 99,220,000 | 95,505,000 | 92,198,000 | 101,408,000 | 99,899,000 | 96,530,000 | 87,379,000 | 87,620,000 | 81,122,000 | 80,841,000 | 92,645,000 | 88,121,000 | 81,957,000 | 82,647,000 | 77,790,000 | 83,784,000 | 80,283,000 | 79,888,000 |
| Current ratio | 0.83 | 0.85 | 0.83 | 0.82 | 0.82 | 0.86 | 0.84 | 0.86 | 0.93 | 0.95 | 0.96 | 0.95 | 0.97 | 0.84 | 0.79 | 0.77 | 0.79 | 0.81 | 0.76 | 0.77 |
January 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $76,877,000K ÷ $92,415,000K
= 0.83
The current ratio of Walmart Inc has shown some fluctuation over the past several quarters. The current ratio measures the company's ability to cover its short-term liabilities with its short-term assets. A ratio of 1 or higher is generally considered healthy as it indicates that the company's current assets are sufficient to cover its current liabilities.
Looking at the trend in Walmart's current ratio, it decreased from 0.96 in July 2021 to 0.83 in January 2022 before gradually improving to 0.93 in January 2023. However, the ratio has generally been below 1, indicating that the company may have had challenges in covering its short-term obligations with its current assets.
The current ratio peaked at 0.97 in January 2021, and since then there has been some variability in the ratio, with fluctuations between 0.76 and 0.96. The most recent data point shows a current ratio of 0.83 as of January 31, 2024.
Overall, the current ratio of Walmart Inc has been fluctuating but generally below the ideal threshold of 1. It suggests that the company may need to manage its current assets and liabilities more efficiently to improve its short-term financial health and liquidity position.
Peer comparison
Jan 31, 2024