Yash Chemex (BOM:539939) Quick Ratio: 1.61 (As of Mar. 2026) — Near Median

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BOM:539939 Yash Chemex Ltd BOM:539939
60 GF Score
Price ₹52.65
GF Value ₹90.87
Valuation Possible Value Trap
! 4 Warning Signs
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What is Yash Chemex Quick Ratio?

Yash Chemex BOM:539939 60 Quick Ratio is 1.61 as of Mar. 2026, which is 8% above its 10-year median of 1.49. GuruFocus rates BOM:539939 with a GF Score™ of 60/100 and a GF Value™ of ₹90.87 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,605 Chemicals companies, Yash Chemex ranks better than 58.01% 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. Yash Chemex's quick ratio for the quarter that ended in Mar. 2026 was 1.61.

Yash Chemex has a quick ratio of 1.61. It generally indicates good short-term financial strength.

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

BOM:539939' s Quick Ratio Range Over the Past 10 Years
Min: 1.34   Med: 1.49   Max: 2.22
Current: 1.61

During the past 13 years, Yash Chemex's highest Quick Ratio was 2.22. The lowest was 1.34. And the median was 1.49.

BOM:539939's Quick Ratio is ranked better than
58.01% of 1605 companies
in the Chemicals industry
Industry Median: 1.38 vs BOM:539939: 1.61

Yash Chemex  (BOM:539939) 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.


Yash Chemex Quick Ratio Related Terms


Yash Chemex Quick Ratio Historical Data

* Premium members only.

The historical data trend for Yash Chemex'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.

Yash Chemex Quick Ratio Chart

Yash Chemex Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.40 1.34 2.22 1.88 1.61

Yash Chemex 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 1.88 0.00 1.61 0.00 1.61

BOM:539939 vs LIN, SHW, ECL: Quick Ratio Comparison

For the Specialty Chemicals subindustry, Yash Chemex'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.


Yash Chemex Quick Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Yash Chemex's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Yash Chemex's Quick Ratio falls into.


BOM:539939
60GF Score
Yash Chemex Ltd BOM:539939
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Yash Chemex 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.

Yash Chemex's Quick Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Quick Ratio (A: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(777.786-246.809)/330.71
=1.61

Yash Chemex'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
=(777.786-246.809)/330.71
=1.61

* 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 1.61 mean?
Yash Chemex (BOM:539939) has a Quick Ratio of 1.61 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Yash Chemex and its competitors. This is near median its historical median of 1.49. Over the past decade, Yash Chemex's Quick Ratio has ranged from 1.34 to 2.22. According to the industry distribution chart, Yash Chemex ranks #674 out of 1605 companies in the Chemicals industry, placing it in the top 42%.
Is Yash Chemex's Quick Ratio too high?
Yash Chemex's current Quick Ratio of 1.61 is near median its 10-year median of 1.49. Over the past 10 years, this metric has ranged from a low of 1.34 to a high of 2.22. The Chemicals industry median Quick Ratio is 1.38. Yash Chemex's value of 1.61 is 16.7% above this industry median. Based on the distribution chart, Yash Chemex ranks #674 out of 1605 companies in the Chemicals industry, which is above the industry midpoint. Overall, Yash Chemex has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Yash Chemex's Quick Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Yash Chemex ranks #674 out of 1605 companies for Quick Ratio. This puts Yash Chemex in the upper half of its industry. The industry median Quick Ratio is 1.38. Yash Chemex's value of 1.61 is 16.7% above this benchmark. Historically, Yash Chemex's own Quick Ratio has ranged from 1.34 to 2.22 over the past decade. While the company's 10-year median is 1.49 vs. the industry median of 1.38, Yash Chemex has consistently been above 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 Chemicals company?
The median Quick Ratio among Chemicals companies is 1.38, based on 1,605 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. Yash Chemex's current Quick Ratio of 1.61 is 16.7% above 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 Yash Chemex and its competitors. For the Chemicals industry, the median Quick Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yash Chemex's current Quick Ratio is 1.61, which is near median its own 10-year median of 1.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yash Chemex stock overvalued right now?
Based on GuruFocus' analysis, Yash Chemex (BOM:539939) is currently considered Possible Value Trap. The stock's GF Value™ is ₹90.87, compared to a current price of ₹52.65 — trading 42.1% below its estimated fair value. The current Quick Ratio is 1.61, which is near median its 10-year median of 1.49 and 16.7% above the Chemicals industry median of 1.38. Yash Chemex's overall GF Score™ is 60/100 with 4 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 Yash Chemex (BOM:539939), the current Quick Ratio is 1.61 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 Yash Chemex (BOM:539939) Overvalued in 2026?

Based on GuruFocus' analysis, Yash Chemex stock appears to be undervalued. The current stock price of ₹52.65 is trading 42.1% below its estimated GF Value™ of ₹90.87. GuruFocus considers Yash Chemex to be Possible Value Trap.

Key valuation signals for BOM:539939:

  • Quick Ratio: 1.61 (near median its 10-year median of 1.49)
  • GF Value™: ₹90.87 vs. price of ₹52.65 (42.1% below fair value)
  • GF Score™: 60/100 with 4 warning signs
  • Industry Position: 16.7% above the Chemicals median (#674 of 1605)

No single metric tells the full story. See the BOM:539939 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Yash Chemex Business Description

Address 132 Feet Ring Road, 411, 4th Floor, Sigma Icon-1, Opposite Medilink Hospital, Satellite, Ahmedabad, GJ, IND, 380015
Yash Chemex Ltd is a chemical and allied products company based in Ahmedabad, India. It operates prominently in the trading, importing, and exporting of specialty chemicals, dyes, and intermediates. The company also manufactures and markets fast-moving consumer goods (FMCG) such as hand sanitizers and perfumes through its subsidiary, Yasons Chemex Care Ltd. Yash Chemex serves various industries by supplying specialty chemicals and dyes, generating revenue mainly through its trading activities and the growing FMCG segment. Its operations are focused within India, with a broader reach through international chemical trading networks.
60GF Score

Get the complete analysis for BOM:539939

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

₹52.65
Price
₹90.87
GF Value