International Research PCL (BKK:IRCP) Quick Ratio: 1.51 (As of Mar. 2026) — 21% Above Median


BKK:IRCP International Research Corp PCL BKK:IRCP
27 GF Score
Price ฿0.27
GF Value ฿0.33
Valuation Modestly Undervalued
! 5 Warning Signs
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What is International Research PCL Quick Ratio?

International Research PCL BKK:IRCP 27 Quick Ratio is 1.51 as of Mar. 2026, which is 21% above its 10-year median of 1.25. GuruFocus rates BKK:IRCP with a GF Score™ of 27/100 and a GF Value™ of ฿0.33 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,864 Software companies, International Research PCL ranks worse than 55.87% 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. International Research PCL's quick ratio for the quarter that ended in Mar. 2026 was 1.51.

International Research PCL has a quick ratio of 1.51. It generally indicates good short-term financial strength.

The historical rank and industry rank for International Research PCL's Quick Ratio or its related term are showing as below:

BKK:IRCP' s Quick Ratio Range Over the Past 10 Years
Min: 0.58   Med: 1.25   Max: 1.83
Current: 1.51

During the past 13 years, International Research PCL's highest Quick Ratio was 1.83. The lowest was 0.58. And the median was 1.25.

BKK:IRCP's Quick Ratio is ranked worse than
55.87% of 2864 companies
in the Software industry
Industry Median: 1.7 vs BKK:IRCP: 1.51

International Research PCL  (BKK:IRCP) 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.


International Research PCL Quick Ratio Related Terms


International Research PCL Quick Ratio Historical Data

* Premium members only.

The historical data trend for International Research PCL'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.

International Research PCL Quick Ratio Chart

International Research PCL 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 0.94 1.54 1.57 1.82 1.50

International Research PCL 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 1.82 1.83 1.50 1.50 1.51

BKK:IRCP vs IBM, ACN, FISV: Quick Ratio Comparison

For the Information Technology Services subindustry, International Research PCL'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.


International Research PCL Quick Ratio vs Software Industry

For the Software industry and Technology sector, International Research PCL's Quick Ratio distribution charts can be found below:

* The bar in red indicates where International Research PCL's Quick Ratio falls into.


BKK:IRCP
27GF Score
International Research Corp PCL BKK:IRCP
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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International Research PCL 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.

International Research PCL'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
=(849.516-29.41)/548.419
=1.50

International Research PCL'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
=(852.411-35.136)/541.656
=1.51

* 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 1.51 mean?
International Research PCL (BKK:IRCP) has a Quick Ratio of 1.51 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on International Research PCL and its competitors. This is 21% above median its historical median of 1.25. Over the past decade, International Research PCL's Quick Ratio has ranged from 0.58 to 1.83. According to the industry distribution chart, International Research PCL ranks #1600 out of 2864 companies in the Software industry, placing it in the top 55.9%.
Is International Research PCL's Quick Ratio too high?
International Research PCL's current Quick Ratio of 1.51 is 21% above median its 10-year median of 1.25. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 1.83. The Software industry median Quick Ratio is 1.70. International Research PCL's value of 1.51 is 11.2% below this industry median. Based on the distribution chart, International Research PCL ranks #1600 out of 2864 companies in the Software industry, which is below the industry midpoint. Overall, International Research PCL has a GF Score™ of 27/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does International Research PCL's Quick Ratio compare to IBM and ACN?
According to the Software industry distribution chart, International Research PCL ranks #1600 out of 2864 companies for Quick Ratio. This places International Research PCL in the lower half of its industry. The industry median Quick Ratio is 1.70. International Research PCL's value of 1.51 is 11.2% below this benchmark. Historically, International Research PCL's own Quick Ratio has ranged from 0.58 to 1.83 over the past decade. While the company's 10-year median is 1.25 vs. the industry median of 1.70, International Research PCL 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. International Research PCL's current Quick Ratio of 1.51 is 11.2% 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 International Research PCL 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. International Research PCL's current Quick Ratio is 1.51, which is 21% above median its own 10-year median of 1.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Research PCL stock overvalued right now?
Based on GuruFocus' analysis, International Research PCL (BKK:IRCP) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿0.33, compared to a current price of ฿0.27 — trading 18.2% below its estimated fair value. The current Quick Ratio is 1.51, which is 21% above median its 10-year median of 1.25 and 11.2% below the Software industry median of 1.70. International Research PCL's overall GF Score™ is 27/100 with 5 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 International Research PCL (BKK:IRCP), the current Quick Ratio is 1.51 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 International Research PCL (BKK:IRCP) Overvalued in 2026?

Based on GuruFocus' analysis, International Research PCL stock appears to be undervalued. The current stock price of ฿0.27 is trading 18.2% below its estimated GF Value™ of ฿0.33. GuruFocus considers International Research PCL to be Modestly Undervalued.

Key valuation signals for BKK:IRCP:

  • Quick Ratio: 1.51 (21% above median its 10-year median of 1.25)
  • GF Value™: ฿0.33 vs. price of ฿0.27 (18.2% below fair value)
  • GF Score™: 27/100 with 5 warning signs
  • Industry Position: 11.2% below the Software median (#1600 of 2864)

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


International Research PCL Business Description

Address Rama IV Road, 1152 Punn Tower 16th Floor, Rooms 1605-1608, Khlong toei, Bangkok, THA, 10110
International Research Corp PCL is engaged in distribution and system development services for information technology, network information systems, and telecommunication information systems. It operates in two reportable segments: project business and Non-project business. The company and its subsidiaries operate in Thailand only.
27GF Score

Get the complete analysis for BKK:IRCP

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

฿0.27
Price
฿0.33
GF Value