BHTLF (Bechtle AG) Quick Ratio: 1.22 (As of Mar. 2026) — 18% Below Median


BHTLF Bechtle AG BHTLF
77 GF Score
Price $46.95
GF Value $62.97
! 2 Warning Signs
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What is Bechtle AG Quick Ratio?

Bechtle AG BHTLF 77 Quick Ratio is 1.22 as of Mar. 2026, which is 18% below its 10-year median of 1.48. GuruFocus rates BHTLF with a GF Score™ of 77/100 and a GF Value™ of $62.97. The stock has 2 warning signs investors should review. Among 2,864 Software companies, Bechtle AG ranks worse than 66.55% on this metric.

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. Bechtle AG's quick ratio for the quarter that ended in Mar. 2026 was 1.22.

Bechtle AG has a quick ratio of 1.22. It generally indicates good short-term financial strength.

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

BHTLF' s Quick Ratio Range Over the Past 10 Years
Min: 1.08   Med: 1.48   Max: 1.7
Current: 1.22

During the past 13 years, Bechtle AG's highest Quick Ratio was 1.70. The lowest was 1.08. And the median was 1.48.

BHTLF's Quick Ratio is ranked worse than
66.55% of 2864 companies
in the Software industry
Industry Median: 1.7 vs BHTLF: 1.22

Bechtle AG  (OTCPK:BHTLF) 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.


Bechtle AG Quick Ratio Related Terms


Bechtle AG Quick Ratio Historical Data

* Premium members only.

The historical data trend for Bechtle AG'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.

Bechtle AG Quick Ratio Chart

Bechtle AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.30 1.19 1.50 1.41 1.33

Bechtle AG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.44 1.42 1.39 1.33 1.22

BHTLF vs IBM, ACN, FISV: Quick Ratio Comparison

For the Information Technology Services subindustry, Bechtle AG'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.


Bechtle AG Quick Ratio vs Software Industry

For the Software industry and Technology sector, Bechtle AG's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Bechtle AG's Quick Ratio falls into.


BHTLF
77GF Score
Bechtle AG BHTLF
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Bechtle AG 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.

Bechtle AG's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(3149.47-445.035)/2026.39
=1.33

Bechtle AG's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(3067.364-647.686)/1978.526
=1.22

* 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 1.22 mean?
Bechtle AG (BHTLF) has a Quick Ratio of 1.22 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Bechtle AG and its competitors. This is 18% below median its historical median of 1.48. Over the past decade, Bechtle AG's Quick Ratio has ranged from 1.08 to 1.70. According to the industry distribution chart, Bechtle AG ranks #1906 out of 2864 companies in the Software industry, placing it in the top 66.6%.
Is Bechtle AG's Quick Ratio too high?
Bechtle AG's current Quick Ratio of 1.22 is 18% below median its 10-year median of 1.48. Over the past 10 years, this metric has ranged from a low of 1.08 to a high of 1.70. The Software industry median Quick Ratio is 1.70. Bechtle AG's value of 1.22 is 28.2% below this industry median. Based on the distribution chart, Bechtle AG ranks #1906 out of 2864 companies in the Software industry, which is below the industry midpoint. Overall, Bechtle AG has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Bechtle AG's Quick Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Bechtle AG ranks #1906 out of 2864 companies for Quick Ratio. This places Bechtle AG in the lower half of its industry. The industry median Quick Ratio is 1.70. Bechtle AG's value of 1.22 is 28.2% below this benchmark. Historically, Bechtle AG's own Quick Ratio has ranged from 1.08 to 1.70 over the past decade. While the company's 10-year median is 1.48 vs. the industry median of 1.70, Bechtle AG has consistently been below the industry average. 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 Software company?
The median Quick Ratio among Software companies is 1.70, based on 2,864 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. Bechtle AG's current Quick Ratio of 1.22 is 28.2% 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 Bechtle AG and its competitors. For the Software industry, the median Quick Ratio is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bechtle AG's current Quick Ratio is 1.22, which is 18% below median its own 10-year median of 1.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bechtle AG stock overvalued right now?
Bechtle AG (BHTLF) has a current Quick Ratio of 1.22. The stock's GF Value™ is $62.97, compared to a current price of $46.95 — trading 25.4% below its estimated fair value. The current Quick Ratio is 1.22, which is 18% below median its 10-year median of 1.48 and 28.2% below the Software industry median of 1.70. Bechtle AG's overall GF Score™ is 77/100 with 2 warning signs to review. 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 Bechtle AG (BHTLF), the current Quick Ratio is 1.22 as of Mar. 2026. 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.

Is Bechtle AG (BHTLF) Overvalued in 2026?

Based on GuruFocus' analysis, Bechtle AG stock appears to be undervalued. The current stock price of $46.95 is trading 25.4% below its estimated GF Value™ of $62.97.

Key valuation signals for BHTLF:

  • Quick Ratio: 1.22 (18% below median its 10-year median of 1.48)
  • GF Value™: $62.97 vs. price of $46.95 (25.4% below fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 28.2% below the Software median (#1906 of 2864)

No single metric tells the full story. See the BHTLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bechtle AG Business Description

Address Bechtle Platz 1, Neckarsulm, BW, DEU, 74172
Bechtle AG is an information technology provider with operations in Germany, Austria, Switzerland, and other European countries. The company's customers are mainly in the industrial, trade, financial, and public sectors. The company operates through four reportable segments; Germany, France, Benelux, and Other Europe. It generates maximum of its revenue from the Germany segment. The company offers its customers IT hardware, software, solutions and services in 14 European countries, with Germany being the main market.
77GF Score

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Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$46.95
Price
$62.97
GF Value