Chewy (MEX:CHWY) Cash Ratio : 0.23 (As of Oct. 2024)

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What is Chewy Cash Ratio?

The Cash Ratio measures a company’s ability to meet its short-term obligations with cash and near-cash resources. It is calculated as a company's Cash, Cash Equivalents, Marketable Securities divides by its Total Current Liabilities. Chewy's Cash Ratio for the quarter that ended in Oct. 2024 was 0.23.

Chewy has a Cash Ratio of 0.23. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.

The historical rank and industry rank for Chewy's Cash Ratio or its related term are showing as below:

MEX:CHWY' s Cash Ratio Range Over the Past 10 Years
Min: 0.04 Med: 0.37 Max: 0.57
Current: 0.23

During the past 8 years, Chewy's highest Cash Ratio was 0.57. The lowest was 0.04. And the median was 0.37.

MEX:CHWY's Cash Ratio is ranked worse than
60.11% of 1103 companies
in the Retail - Cyclical industry
Industry Median: 0.33 vs MEX:CHWY: 0.23

Chewy Cash Ratio Historical Data

The historical data trend for Chewy's Cash 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.

Chewy Cash Ratio Chart

Chewy Annual Data

Trend

Dec16

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Cash Ratio

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0.19

0.41

0.37

0.54

Chewy Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
Cash Ratio	Get a 7-Day Free Trial															0.49	0.54	0.57	0.34	0.23

Competitive Comparison of Chewy's Cash Ratio

For the Internet Retail subindustry, Chewy's Cash Ratio, along with its competitors' market caps and Cash 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.

Chewy's Cash Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Chewy's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Chewy's Cash Ratio falls into.

Chewy Cash Ratio Calculation

The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.

Chewy's Cash Ratio for the fiscal year that ended in Jan. 2024 is calculated as:

Cash Ratio (A: Jan. 2024 )	=	Cash, Cash Equivalents, Marketable Securities	/	Total Current Liabilities
	=	19478.103	/	36256.846
	=	0.54

Chewy's Cash Ratio for the quarter that ended in Oct. 2024 is calculated as:

Cash Ratio (Q: Oct. 2024 )	=	Cash, Cash Equivalents, Marketable Securities	/	Total Current Liabilities
	=	10166.316	/	43652.928
	=	0.23

Chewy (MEX:CHWY) Cash Ratio Explanation

The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.

The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.

In general, the higher the cash ratio, the better the company's liquidity position.

Chewy Cash Ratio Related Terms

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Chewy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Chewy Inc (MEX:CHWY) » Definitions » Cash Ratio

Comparable Companies

Traded in Other Exchanges

CHWY:USA 3HH:Germany

Address

7700 West Sunrise Boulevard, Plantation, FL, USA, 33322

Website

https://www.chewy.com

Chewy is the largest e-commerce pet care retailer in the US, generating $11.2 billion in 2023 sales across pet food, treats, hard goods, and pharmacy categories. The firm was founded in 2011, acquired by PetSmart in 2017, and tapped public markets as a stand-alone company in 2019 after spending a couple of years developing under the aegis of the pet superstore chain. The firm generates sales from pet food, treats, over-the-counter medications, medical prescription fulfillment, and hard goods, like crates, leashes, and bowls.