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The WhiteWave Foods Co (The WhiteWave Foods Co) Quick Ratio : 0.68 (As of Dec. 2016)


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What is The WhiteWave Foods Co Quick Ratio?

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. The WhiteWave Foods Co's quick ratio for the quarter that ended in Dec. 2016 was 0.68.

The WhiteWave Foods Co has a quick ratio of 0.68. It indicates that the company cannot currently fully pay back its current liabilities.

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

WWAV's Quick Ratio is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 1.03
* Ranked among companies with meaningful Quick Ratio only.

The WhiteWave Foods Co Quick Ratio Historical Data

The historical data trend for The WhiteWave Foods Co's Quick 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 Quick Ratio Chart

The WhiteWave Foods Co Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Quick Ratio
Get a 7-Day Free Trial 0.73 0.77 0.60 0.56 0.68

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
Quick 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 0.56 0.65 0.67 0.72 0.68

Competitive Comparison of The WhiteWave Foods Co's Quick Ratio

For the Packaged Foods subindustry, The WhiteWave Foods Co's Quick Ratio, along with its competitors' market caps and Quick 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 Quick Ratio Distribution in the Consumer Packaged Goods Industry

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

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



The WhiteWave Foods Co Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

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

Quick Ratio (A: Dec. 2016 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(703.941-296.36)/600.641
=0.68

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

Quick Ratio (Q: Dec. 2016 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(703.941-296.36)/600.641
=0.68

* 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) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


The WhiteWave Foods Co Quick Ratio Related Terms

Thank you for viewing the detailed overview of The WhiteWave Foods Co's Quick Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


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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