Ocado Group (LSE:OCDO) Quick Ratio: 1.93 (As of Nov. 2025) — 11% Below Median


LSE:OCDO Ocado Group PLC LSE:OCDO
48 GF Score
Price £1.80
GF Value £3.35
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Ocado Group Quick Ratio?

Ocado Group LSE:OCDO +4.40% 48 Quick Ratio is 1.93 as of Nov. 2025, which is 11% below its 10-year median of 2.18. GuruFocus rates LSE:OCDO with a GF Score™ of 48/100 and a GF Value™ of £3.35 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 310 Retail - Defensive companies, Ocado Group ranks better than 77.42% 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. Ocado Group's quick ratio for the quarter that ended in Nov. 2025 was 1.93.

Ocado Group has a quick ratio of 1.93. It generally indicates good short-term financial strength.

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

LSE:OCDO' s Quick Ratio Range Over the Past 10 Years
Min: 0.39   Med: 2.18   Max: 4.7
Current: 1.93

During the past 13 years, Ocado Group's highest Quick Ratio was 4.70. The lowest was 0.39. And the median was 2.18.

LSE:OCDO's Quick Ratio is ranked better than
77.42% of 310 companies
in the Retail - Defensive industry
Industry Median: 0.87 vs LSE:OCDO: 1.93

Ocado Group  (LSE:OCDO) 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.


Ocado Group Quick Ratio Related Terms


Ocado Group Quick Ratio Historical Data

* Premium members only.

The historical data trend for Ocado 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.

Ocado Group Quick Ratio Chart

Ocado Group Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.85 2.75 2.27 4.70 1.93

Ocado Group Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
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 2.27 2.13 4.70 1.97 1.93

LSE:OCDO vs KR, SFM: Quick Ratio Comparison

For the Grocery Stores subindustry, Ocado 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.


Ocado Group Quick Ratio vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Ocado Group's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Ocado Group's Quick Ratio falls into.


LSE:OCDO
48GF Score
Ocado Group PLC LSE:OCDO
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ocado 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.

Ocado Group's Quick Ratio for the fiscal year that ended in Nov. 2025 is calculated as

Quick Ratio (A: Nov. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(936.2-31.9)/469.2
=1.93

Ocado Group's Quick Ratio for the quarter that ended in Nov. 2025 is calculated as

Quick Ratio (Q: Nov. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(936.2-31.9)/469.2
=1.93

* 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 1.93 mean?
Ocado Group (LSE:OCDO) has a Quick Ratio of 1.93 as of Nov. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Ocado Group and its competitors. This is 11% below median its historical median of 2.18. Over the past decade, Ocado Group's Quick Ratio has ranged from 0.39 to 4.70. According to the industry distribution chart, Ocado Group ranks #70 out of 310 companies in the Retail - Defensive industry, placing it in the top 22.6%.
Is Ocado Group's Quick Ratio too high?
Ocado Group's current Quick Ratio of 1.93 is 11% below median its 10-year median of 2.18. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 4.70. The Retail - Defensive industry median Quick Ratio is 0.87. Ocado Group's value of 1.93 is 121.8% above this industry median. Based on the distribution chart, Ocado Group ranks #70 out of 310 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, Ocado Group has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ocado Group's Quick Ratio compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Ocado Group ranks #70 out of 310 companies for Quick Ratio. This places Ocado Group in the top 23% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 0.87. Ocado Group's value of 1.93 is 121.8% above this benchmark. Historically, Ocado Group's own Quick Ratio has ranged from 0.39 to 4.70 over the past decade. While the company's 10-year median is 2.18 vs. the industry median of 0.87, Ocado Group 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 Retail - Defensive company?
The median Quick Ratio among Retail - Defensive companies is 0.87, based on 310 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. Ocado Group's current Quick Ratio of 1.93 is 121.8% 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 Ocado Group and its competitors. For the Retail - Defensive industry, the median Quick Ratio is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ocado Group's current Quick Ratio is 1.93, which is 11% below median its own 10-year median of 2.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ocado Group stock overvalued right now?
Based on GuruFocus' analysis, Ocado Group (LSE:OCDO) is currently considered Possible Value Trap. The stock's GF Value™ is £3.35, compared to a current price of £1.80 — trading 46.1% below its estimated fair value. The current Quick Ratio is 1.93, which is 11% below median its 10-year median of 2.18 and 121.8% above the Retail - Defensive industry median of 0.87. Ocado Group's overall GF Score™ is 48/100 with 6 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 Ocado Group (LSE:OCDO), the current Quick Ratio is 1.93 as of Nov. 2025. 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 Ocado Group (LSE:OCDO) Overvalued in 2026?

Based on GuruFocus' analysis, Ocado Group stock appears to be undervalued. The current stock price of £1.80 is trading 46.1% below its estimated GF Value™ of £3.35. GuruFocus considers Ocado Group to be Possible Value Trap.

Key valuation signals for LSE:OCDO:

  • Quick Ratio: 1.93 (11% below median its 10-year median of 2.18)
  • GF Value™: £3.35 vs. price of £1.80 (46.1% below fair value)
  • GF Score™: 48/100 with 6 warning signs
  • Industry Position: 121.8% above the Retail - Defensive median (#70 of 310)

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


Ocado Group Business Description

Address Mosquito Way, Buildings One and Two Trident Place, Hatfield Business Park, Hatfield, Hertfordshire, GBR, AL10 9UL
Founded in 2000, Ocado provides automation and logistics solutions to grocers. Ocado operates in two segments: logistics and solutions. Logistics provides fulfillment and delivery services in the United Kingdom. Solutions is based on the Ocado Smart Platform, a modular, automated online retail fulfillment and delivery solution that provides software, fulfillment hardware, and support services to corporate customers in return for upfront and recurring fees. Partners include leading grocers around the world, like Sobeys, Morrisons, ICA, Groupe Casino, Bon Preu, Kroger, and Coles. Ocado also has a 50% stake in Ocado Retail, a pure-play e-grocery business. The other 50% is owned by Marks & Spencer.
48GF Score

Get the complete analysis for LSE:OCDO

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

£1.80
Price
£3.35
GF Value