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Ingram Micro (Ingram Micro) Current Ratio : 1.44 (As of Sep. 2016)


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What is Ingram Micro Current Ratio?

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Ingram Micro's current ratio for the quarter that ended in Sep. 2016 was 1.44.

Ingram Micro has a current ratio of 1.44. It generally indicates good short-term financial strength.

The historical rank and industry rank for Ingram Micro's Current Ratio or its related term are showing as below:

IM's Current Ratio is not ranked *
in the Hardware industry.
Industry Median: 2.04
* Ranked among companies with meaningful Current Ratio only.

Ingram Micro Current Ratio Historical Data

The historical data trend for Ingram Micro's Current Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ingram Micro Current Ratio Chart

Ingram Micro Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.56 1.50 1.50 1.54 1.48

Ingram Micro Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.61 1.48 1.54 1.49 1.44

Competitive Comparison of Ingram Micro's Current Ratio

For the Electronics & Computer Distribution subindustry, Ingram Micro's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ingram Micro's Current Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ingram Micro's Current Ratio distribution charts can be found below:

* The bar in red indicates where Ingram Micro's Current Ratio falls into.



Ingram Micro Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Ingram Micro's Current Ratio for the fiscal year that ended in Dec. 2015 is calculated as

Current Ratio (A: Dec. 2015 )=Total Current Assets (A: Dec. 2015 )/Total Current Liabilities (A: Dec. 2015 )
=10531.85/7108.115
=1.48

Ingram Micro's Current Ratio for the quarter that ended in Sep. 2016 is calculated as

Current Ratio (Q: Sep. 2016 )=Total Current Assets (Q: Sep. 2016 )/Total Current Liabilities (Q: Sep. 2016 )
=10354.952/7198.137
=1.44

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ingram Micro  (NYSE:IM) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Ingram Micro Current Ratio Related Terms

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Ingram Micro (Ingram Micro) Business Description

Traded in Other Exchanges
N/A
Address
Ingram Micro Inc is incorporated in 1979 in Delaware. The Company is a wholesale technology distributor, by net sales, and a global leader in supply-chain management and mobile device lifecycle services. It distributes and markets technology and mobility products from companies, such as Acer, Apple, Cisco, Citrix, Hewlett-Packard (HP), IBM, Lenovo, Microsoft, Samsung, Symantec, VMware and many others. As a vital link in the technology value chain, it create sales and profitability opportunities for vendors, resellers and other customers through unique marketing programs; outsourced logistics and mobile device lifecycle solutions; technical support; financial services; product aggregation and distribution; solutions creation and cloud service models. The Company has operations in 39 countries, spanning all global regions: North America (United States and Canada), Europe (Austria, Belgium, Denmark, France, Finland, Germany, Hungary, Italy, the Netherlands, Norway, Poland, Portugal, Slovakia, Spain, Sweden, Switzerland and the United Kingdom), Asia-Pacific (which includes MEA) (Australia, the People's Republic of China (including Hong Kong), Egypt, India, Indonesia, Israel, Lebanon, Malaysia, New Zealand, Singapore, South Africa, Thailand, Turkey and United Arab Emirates) and Latin America (Brazil, Chile, Colombia, Mexico and Peru). The Company also operates support centers in Argentina, Bulgaria, Costa Rica, India, Philippines and Puerto Rico. Additionally, it serves many other markets where it does not have an in-country presence through its various export sales offices, including its general telesales operations in numerous markets. The Company sells its products and services to a global customer base of more than 200,000 customers in more than 170 countries. The Company distributes and markets technology products internationally from the industry's computer hardware suppliers, mobility hardware suppliers, networking equipment suppliers, software publishers, and other suppliers of computer peripherals, CE, AIDC/POS and physical security products. The Company faces competition in particular sector which includes Avnet and Arrow in components and enterprise products; Westcon in networking and security; D&H Distributing, ADI, and Petra in consumer electronics; ScanSource and Bluestar in AIDC/POS products; and Brightpoint, Brightstar and 20:20 Mobile Group Limited in mobility products.
Executives
Scott A Mcgregor director 5300 CALIFORNIA AVENUE, IRVINE CA 92617
William David Humes officer: Chief Financial Officer INGRAM MICRO INC., 1600 E. ST. ANDREW PLACE, SANTA ANA CA 92705
Wade Oosterman director C/O INGRAM MICRO INC., 1600 E. ST. ANDREW PLACE, SANTA ANA CA 92705
Heisz Leslie Stone director C/O PUBLIC STORAGE, 701 WESTERN AVENUE, GLENDALE CA 91201
Linda Fayne Levinson director C/O JACOBS ENGINEERING GROUP INC, 1111 S ARROYO PKWY, PASADENA CA 91105
Dale R Laurance director
Howard I Atkins director OCCIDENTAL PETROLEUM CORPORATION, 5 GREENWAY PLAZA, STE 110, HOUSTON TX 77046
David A Barnes director 55 GLENLAKE PARKWAY NE, ATLANTA GA 30328
Carol Mills Baldwin director 600 TELEPHONE AVENUE, MS#65, ANCHORAGE AK 99503
Alain Monie director, officer: Director and CEO WORLDWIDE LEGAL DEPT 1600 E ST, SANTA ANA CA 92705
Paul Read officer: President & COO MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212
Lynn Jolliffe officer: EVP, Human Resources INGRAM MICRO INC., 1600 EAST SAINT ANDREW PLACE, SANTA ANA CA 92705
Ernest Park officer: Sr. EVP, CIO C/O INGRAM MICRO INC., 1600 E. ST. ANDREW PLACE, SANTA ANA CA 92705
Michael T Smith director 190 NW SPANISH RIVER BOULEVARD, SUITE 101, BOCA RATON FL 33431
Ingram Orrin H Ii director C/O FB FNIANCIAL CORPORATION, 1221 BROADWAY, SUITE 1300, NASHVILLE TN 37203

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