Ashapura Intimates Fashion (NSE:AIFL) 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.
Ashapura Intimates Fashion Quick Ratio Related Terms
Ashapura Intimates Fashion Quick Ratio Historical Data
* 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.
For the Apparel Manufacturing subindustry, Ashapura Intimates Fashion'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.
Ashapura Intimates Fashion Quick Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ashapura Intimates Fashion's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Ashapura Intimates Fashion's Quick Ratio falls into.
Ashapura Intimates Fashion 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.
Ashapura Intimates Fashion (NSE:AIFL) has a Quick Ratio of 1.02 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Ashapura Intimates Fashion and its competitors. This is 96% above median its historical median of 0.52. Over the past decade, Ashapura Intimates Fashion's Quick Ratio has ranged from 0.01 to 1.67.
Is Ashapura Intimates Fashion's Quick Ratio too high?
Ashapura Intimates Fashion's current Quick Ratio of 1.02 is 96% above median its 10-year median of 0.52. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 1.67. The Manufacturing - Apparel & Accessories industry median Quick Ratio is 1.10. Ashapura Intimates Fashion's value of 1.02 is 7.3% below this industry median.
How does Ashapura Intimates Fashion's Quick Ratio compare to ECTX?
Ashapura Intimates Fashion's Quick Ratio of 1.02 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Quick Ratio is 1.10. Ashapura Intimates Fashion's value of 1.02 is 7.3% below this benchmark. Historically, Ashapura Intimates Fashion's own Quick Ratio has ranged from 0.01 to 1.67 over the past decade. While the company's 10-year median is 0.52 vs. the industry median of 1.10, Ashapura Intimates Fashion has consistently been below 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 Manufacturing - Apparel & Accessories company?
The median Quick Ratio among Manufacturing - Apparel & Accessories companies is 1.10, based on 1,067 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. Ashapura Intimates Fashion's current Quick Ratio of 1.02 is 7.3% 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 Ashapura Intimates Fashion and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Quick Ratio is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashapura Intimates Fashion's current Quick Ratio is 1.02, which is 96% above median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashapura Intimates Fashion stock overvalued right now?
Ashapura Intimates Fashion (NSE:AIFL) has a current Quick Ratio of 1.02. The current Quick Ratio is 1.02, which is 96% above median its 10-year median of 0.52 and 7.3% below the Manufacturing - Apparel & Accessories industry median of 1.10. 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 Ashapura Intimates Fashion (NSE:AIFL), the current Quick Ratio is 1.02 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.
Ashapura Intimates Fashion Ltd is a fashion house that designs, brands, markets and retails intimate garments for men, women, and children. The company is in the business of designing, branding, marketing and retailing clothing products such as loungewear, bridal nightwear, honeymoon sets, sportswear, bathrobes and nighties, women's innerwear, and lingerie under the brand name Valentine. Geographically, all the operations are functioned through India and its business presence are also seen across the international market.
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