AUVI (Applied UV) Quick Ratio: 0.35 (As of Dec. 2023)

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AUVI Applied UV Inc AUVI
12 GF Score
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What is Applied UV Quick Ratio?

Applied UV AUVI 12 Quick Ratio is 0.35 as of Dec. 2023. GuruFocus rates AUVI with a GF Score™ of 12/100.

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. Applied UV's quick ratio for the quarter that ended in Dec. 2023 was 0.35.

Applied UV has a quick ratio of 0.35. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Applied UV's Quick Ratio or its related term are showing as below:

AUVI's Quick Ratio is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 1.215
* Ranked among companies with meaningful Quick Ratio only.

Applied UV  (OTCPK:AUVI) 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.


Applied UV Quick Ratio Related Terms


Applied UV Quick Ratio Historical Data

* Premium members only.

The historical data trend for Applied UV'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.

Applied UV Quick Ratio Chart

Applied UV Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Quick Ratio
Get a 7-Day Free Trial 1.13 4.52 2.51 0.59 0.35

Applied UV Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.59 0.30 0.35 0.33 0.35

AUVI vs NVFY, EFOI, LUVU: Quick Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Applied UV'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.


Applied UV Quick Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Applied UV's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Applied UV's Quick Ratio falls into.


AUVI
12GF Score
Applied UV Inc AUVI
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Applied UV 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.

Applied UV's Quick Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Quick Ratio (A: Dec. 2023 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(17.024-7.171)/27.871
=0.35

Applied UV's Quick Ratio for the quarter that ended in Dec. 2023 is calculated as

Quick Ratio (Q: Dec. 2023 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(17.024-7.171)/27.871
=0.35

* 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.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 0.35 mean?
Applied UV (AUVI) has a Quick Ratio of 0.35 as of Dec. 2023. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Applied UV and its competitors.
Is Applied UV's Quick Ratio too high?
Applied UV's current Quick Ratio is 0.35. The Furnishings, Fixtures & Appliances industry median Quick Ratio is 1.22. Applied UV's value of 0.35 is 71.2% below this industry median. Overall, Applied UV has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Applied UV's Quick Ratio compare to NVFY and EFOI?
Applied UV's Quick Ratio of 0.35 can be compared against companies in the Furnishings, Fixtures & Appliances industry. The industry median Quick Ratio is 1.22. Applied UV's value of 0.35 is 71.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Furnishings, Fixtures & Appliances company?
The median Quick Ratio among Furnishings, Fixtures & Appliances companies is 1.22, based on 436 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Applied UV's current Quick Ratio of 0.35 is 71.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Applied UV and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Quick Ratio is 1.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Applied UV's current Quick Ratio is 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Applied UV stock overvalued right now?
Applied UV (AUVI) has a current Quick Ratio of 0.35. The current Quick Ratio is 0.35 and 71.2% below the Furnishings, Fixtures & Appliances industry median of 1.22. Applied UV's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Applied UV (AUVI), the current Quick Ratio is 0.35 as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Applied UV Business Description

Address 150 N. Macquesten Parkway, Mount Vernon, NY, USA, 10550
Applied UV Inc is a leading sales and marketing company that develops, acquires, markets and sells proprietary surface and air disinfection technology focused on Improving Indoor Air Quality (IAQ), specialty LED lighting and luxury mirrors and commercial furnishings, all of which serves clients globally in the healthcare, commercial and public venue, hospitality, food preservation, cannabis, education and winery vertical markets. It operates in three reportable segments: the design, manufacture, assembly and distribution of automated disinfecting systems for use in public spaces, hospitals and other healthcare facilities and the manufacture of fine mirrors specifically for the hospitality industry and Corporate segment. It derives a majority of its revenue from the Hospitality segment.
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