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The WhiteWave Foods Co (The WhiteWave Foods Co) Current Ratio : 1.17 (As of Dec. 2016)


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What is The WhiteWave Foods Co 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. The WhiteWave Foods Co's current ratio for the quarter that ended in Dec. 2016 was 1.17.

The WhiteWave Foods Co has a current ratio of 1.17. It generally indicates good short-term financial strength.

The historical rank and industry rank for The WhiteWave Foods Co's Current Ratio or its related term are showing as below:

WWAV's Current Ratio is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 1.66
* Ranked among companies with meaningful Current Ratio only.

The WhiteWave Foods Co Current Ratio Historical Data

The historical data trend for The WhiteWave Foods Co'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.

The WhiteWave Foods Co Current Ratio Chart

The WhiteWave Foods Co Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Current Ratio
Get a 7-Day Free Trial 1.19 1.18 1.04 1.00 1.17

The WhiteWave Foods Co Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 1.00 1.14 1.21 1.24 1.17

Competitive Comparison of The WhiteWave Foods Co's Current Ratio

For the Packaged Foods subindustry, The WhiteWave Foods Co'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.


The WhiteWave Foods Co's Current Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The WhiteWave Foods Co's Current Ratio distribution charts can be found below:

* The bar in red indicates where The WhiteWave Foods Co's Current Ratio falls into.



The WhiteWave Foods Co 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.

The WhiteWave Foods Co's Current Ratio for the fiscal year that ended in Dec. 2016 is calculated as

Current Ratio (A: Dec. 2016 )=Total Current Assets (A: Dec. 2016 )/Total Current Liabilities (A: Dec. 2016 )
=703.941/600.641
=1.17

The WhiteWave Foods Co's Current Ratio for the quarter that ended in Dec. 2016 is calculated as

Current Ratio (Q: Dec. 2016 )=Total Current Assets (Q: Dec. 2016 )/Total Current Liabilities (Q: Dec. 2016 )
=703.941/600.641
=1.17

* 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.


The WhiteWave Foods Co  (NYSE:WWAV) 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.


The WhiteWave Foods Co Current Ratio Related Terms

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The WhiteWave Foods Co (The WhiteWave Foods Co) Business Description

Traded in Other Exchanges
N/A
Address
WhiteWave manufactures, markets, and sells foods and beverages. The company focuses on growing and emerging categories, such as natural and organic food and beverages, plant-based milks and protein products, coffee creamers and drinks, and organic packaged salads and produce. WhiteWave's brand portfolio includes the Silk line of plant-based beverages, Horizon Organic premium dairy, So Delicious, International Delight, and Alpro. North America accounts for 86% of sales, with the remainder mostly generated in Europe.
Executives
W Anthony Vernon director C/O AXOVANT SCIENCES, INC., 320 WEST 37TH STREET, NEW YORK NY 10018
Gregg L Engles director, officer: Chairman and CEO 1225 SEVENTEENTH STREET, SUITE 1000, DENVER CO 80202
Roger E Theodoredis officer: EVP, General Counsel 1225 SEVENTEENTH STREET, SUITE 1000, DENVER CO 80202
Doreen A Wright director 1225 SEVENTEENTH STREET, SUITE 1000, DENVER CO 80202
Michelle P Goolsby director 1225 SEVENTEENTH STREET, SUITE 1000, DENVER CO 80202
Hardin Joseph S Jr director 1225 SEVENTEENTH STREET SUITE 1000 DENVER CO 80202
Stephen L Green director 1225 SEVENTEENTH STREET SUITE 1000 DENVER CO 80202
Kevin C Yost officer: U.S. Group President - AF&B 1225 SEVENTEENTH STREET SUITE 1000 DENVER CO 80202
Blaine E Mcpeak officer: Chief Operating Officer 1225 SEVENTEENTH STREET SUITE 1000 DENVER CO 80202
Thomas N Zanetich officer: EVP - Human Resources 1225 SEVENTEENTH STREET SUITE 1000 DENVER CO 80202
Deryckere Bernard J.p. officer: President, Europe Foods & Bevs 1225 SEVENTEENTH STREET SUITE 1000 DENVER CO 80202
Mary E Minnick director 1225 SEVENTEENTH STREET, SUITE 1000, DENVER CO 80202
Dean Foods Co/ 10 percent owner 2711 N. HASKELL AVENUE, SUITE 3400, DALLAS TX 75204

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