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. Dispensa Group's quick ratio for the quarter that ended in Feb. 2023 was 0.62.
Dispensa Group has a quick ratio of 0.62. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Dispensa Group's Quick Ratio or its related term are showing as below:
LSE:DISP'
s Quick Ratio Range Over the Past 10 Years
Min: 0.28 Med: 0.62 Max: 5.69
Current: 0.62
During the past 2 years, Dispensa Group's highest Quick Ratio was 5.69. The lowest was 0.28. And the median was 0.62.
LSE:DISP's Quick Ratio is not ranked
in the Retail - Cyclical industry.
Industry Median: 0.88
vs LSE:DISP: 0.62
Dispensa Group Quick Ratio Historical Data
The historical data trend for Dispensa Group'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.
* Premium members only.
Dispensa Group Quick Ratio Chart
Dispensa Group Annual Data
Trend
Aug20
Aug21
Quick Ratio
3.73
5.69
Dispensa Group Semi-Annual Data
Feb21
Aug21
Feb22
Aug22
Feb23
Quick Ratio
-
5.69
-
0.28
0.62
Competitive Comparison of Dispensa Group's Quick Ratio
For the Internet Retail subindustry, Dispensa Group'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.
Dispensa Group's Quick Ratio Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Dispensa Group's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Dispensa Group's Quick Ratio falls into.
Dispensa Group 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.
Dispensa Group's Quick Ratio for the fiscal year that ended in Aug. 2021 is calculated as
* 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.
Dispensa Group (LSE:DISP) 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.
Dispensa Group Quick Ratio Related Terms
Thank you for viewing the detailed overview of Dispensa Group's Quick Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Dispensa Group Plc Formerly Zamaz PLC is a technology-driven e-commerce business that originates, acquires, licenses operate, and scales small and medium-sized brands with category-winning products on global marketplaces. engages in creating, developing, and producing brands that deliver the needs of customers through sustainable channels using retail tech. It operates cloud-based, third-party software solutions for inventory forecasting, warehouse management, supply chain logistics, and digital marketing performance. The company has two segments, Zamaz which generates key revenue, and Bella Dispensa. Geographically, company operates in the United Kingdom which generates a majority of the revenue and includes Germany, France, Italy, Spain, and others.
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