Tupperware Brands (HAM:TUP) Quick Ratio: 0.24 (As of Sep. 2023)


HAM:TUP Tupperware Brands Corp HAM:TUP
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Price €0.18
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What is Tupperware Brands Quick Ratio?

Tupperware Brands HAM:TUP 10 Quick Ratio is 0.24 as of Sep. 2023. GuruFocus rates HAM:TUP with a GF Score™ of 10/100.

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. Tupperware Brands's quick ratio for the quarter that ended in Sep. 2023 was 0.24.

Tupperware Brands has a quick ratio of 0.24. It indicates that the company cannot currently fully pay back its current liabilities.

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

HAM:TUP's Quick Ratio is not ranked *
in the Packaging & Containers industry.
Industry Median: 1.13
* Ranked among companies with meaningful Quick Ratio only.

Tupperware Brands  (HAM:TUP) 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.


Tupperware Brands Quick Ratio Related Terms


Tupperware Brands Quick Ratio Historical Data

* Premium members only.

The historical data trend for Tupperware Brands'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.

Tupperware Brands Quick Ratio Chart

Tupperware Brands Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 0.43 0.37 0.77 0.21

Tupperware Brands Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.62 0.21 0.24 0.24 0.24

HAM:TUP vs MGIH, YHGJ, DSS: Quick Ratio Comparison

For the Packaging & Containers subindustry, Tupperware Brands'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.


Tupperware Brands Quick Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Tupperware Brands's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Tupperware Brands's Quick Ratio falls into.


HAM:TUP
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Tupperware Brands Corp HAM:TUP
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Tupperware Brands 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.

Tupperware Brands's Quick Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Quick Ratio (A: Dec. 2022 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(407.43-205.414)/945.794
=0.21

Tupperware Brands's Quick Ratio for the quarter that ended in Sep. 2023 is calculated as

Quick Ratio (Q: Sep. 2023 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(399.537-161.539)/977.666
=0.24

* 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 0.24 mean?
Tupperware Brands (HAM:TUP) has a Quick Ratio of 0.24 as of Sep. 2023. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Tupperware Brands and its competitors.
Is Tupperware Brands' Quick Ratio too high?
Tupperware Brands' current Quick Ratio is 0.24. The Packaging & Containers industry median Quick Ratio is 1.13. Tupperware Brands' value of 0.24 is 78.8% below this industry median. Overall, Tupperware Brands has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Tupperware Brands' Quick Ratio compare to MGIH and YHGJ?
Tupperware Brands' Quick Ratio of 0.24 can be compared against companies in the Packaging & Containers industry. The industry median Quick Ratio is 1.13. Tupperware Brands' value of 0.24 is 78.8% 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 Packaging & Containers company?
The median Quick Ratio among Packaging & Containers companies is 1.13, based on 396 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. Tupperware Brands's current Quick Ratio of 0.24 is 78.8% 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 Tupperware Brands and its competitors. For the Packaging & Containers industry, the median Quick Ratio is 1.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tupperware Brands's current Quick Ratio is 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tupperware Brands stock overvalued right now?
Tupperware Brands (HAM:TUP) has a current Quick Ratio of 0.24. The current Quick Ratio is 0.24 and 78.8% below the Packaging & Containers industry median of 1.13. Tupperware Brands' overall GF Score™ is 10/100. 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 Tupperware Brands (HAM:TUP), the current Quick Ratio is 0.24 as of Sep. 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.

Tupperware Brands Business Description

Address 14901 South Orange Blossom Trail, Orlando, FL, USA, 32837
Tupperware Brands Corp is a consumer products company that designs innovative, functional, and environmentally responsible products. The company distributes its products into nearly 70 countries. The company engages in the marketing, manufacture, and sale of design-centric preparation, storage, and serving solutions for the kitchen and home through the Tupperware brand name. The company primarily uses a direct selling business model to distribute and market products, while continuing to expand digital platforms and business-to-business distribution channels. The company operates its business under four reportable segments in four broad geographic regions namely the Asia Pacific, Europe (Europe, Africa and the Middle East), North America, and South America.
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