* 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.
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Pluk Phak Praw Rak Mae PCL Quick Ratio Chart
Pluk Phak Praw Rak Mae PCL Annual Data
Trend
Dec22
Dec23
Dec24
Quick Ratio
0.34
0.56
2.33
Pluk Phak Praw Rak Mae PCL Semi-Annual Data
Dec22
Jun23
Dec23
Jun24
Dec24
Quick Ratio
0.34
-
0.56
0.62
2.33
Competitive Comparison of Pluk Phak Praw Rak Mae PCL's Quick Ratio
For the Food Distribution subindustry, Pluk Phak Praw Rak Mae 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.
Pluk Phak Praw Rak Mae PCL's Quick Ratio Distribution in the Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Pluk Phak Praw Rak Mae PCL's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Pluk Phak Praw Rak Mae PCL's Quick Ratio falls into.
Pluk Phak Praw Rak Mae 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.
* 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.
Pluk Phak Praw Rak Mae PCL (BKK:OKJ) 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.
Pluk Phak Praw Rak Mae PCL Quick Ratio Related Terms
Thank you for viewing the detailed overview of Pluk Phak Praw Rak Mae PCL's Quick Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Pluk Phak Praw Rak Mae PCL is a Thailand-based company. The Company is principally engaged in sales of food, beverages, and health products. The Company also focuses on cultivating organic vegetables and fruits and offering high-quality organic food and beverages for customers' health and well-being. Its Food service and sales business under the brand Oh Ka Jhu, which sells various types of health food and beverages such as salads, steaks, soups, spaghetti, single dish meals, desserts, vegetable and fruit juices, bakery, and snacks.
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