Spencers RetailNSE:SPENCERS -2.64%57 Quick Ratio is 0.11 as of Mar. 2026, which is 21% below its 10-year median of 0.14. GuruFocus rates NSE:SPENCERS with a GF Score™ of 57/100 and a GF Value™ of ₹55.17 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,125 Retail - Cyclical companies, Spencers Retail ranks worse than 97.96% 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. Spencers Retail's quick ratio for the quarter that ended in Mar. 2026 was 0.11.
Spencers Retail has a quick ratio of 0.11. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Spencers Retail's Quick Ratio or its related term are showing as below:
NSE:SPENCERS'
s Quick Ratio Range Over the Past 10 Years
Min: 0.08 Med: 0.14 Max: 0.85
Current: 0.11
During the past 9 years, Spencers Retail's highest Quick Ratio was 0.85. The lowest was 0.08. And the median was 0.14.
NSE:SPENCERS's Quick Ratio is ranked worse than 97.96% of 1125
companies
in the Retail - Cyclical industry
Industry Median: 0.87
vs NSE:SPENCERS: 0.11
Spencers Retail (NSE:SPENCERS) 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.
Spencers Retail Quick Ratio Related Terms
Spencers Retail Quick Ratio Historical Data
* Premium members only.
The historical data trend for Spencers Retail'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.
For the Department Stores subindustry, Spencers Retail'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.
Spencers Retail Quick Ratio vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Spencers Retail's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Spencers Retail's Quick Ratio falls into.
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.
Spencers Retail's Quick Ratio for the fiscal year that ended in Mar. 2026 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.
Spencers Retail (NSE:SPENCERS) has a Quick Ratio of 0.11 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Spencers Retail and its competitors. This is 21% below median its historical median of 0.14. Over the past decade, Spencers Retail's Quick Ratio has ranged from 0.08 to 0.85. According to the industry distribution chart, Spencers Retail ranks #1102 out of 1125 companies in the Retail - Cyclical industry, placing it in the top 98%.
Is Spencers Retail's Quick Ratio too high?
Spencers Retail's current Quick Ratio of 0.11 is 21% below median its 10-year median of 0.14. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 0.85. The Retail - Cyclical industry median Quick Ratio is 0.87. Spencers Retail's value of 0.11 is 87.4% below this industry median. Based on the distribution chart, Spencers Retail ranks #1102 out of 1125 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Spencers Retail has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Spencers Retail's Quick Ratio compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Spencers Retail ranks #1102 out of 1125 companies for Quick Ratio. This places Spencers Retail in the lower half of its industry. The industry median Quick Ratio is 0.87. Spencers Retail's value of 0.11 is 87.4% below this benchmark. Historically, Spencers Retail's own Quick Ratio has ranged from 0.08 to 0.85 over the past decade. While the company's 10-year median is 0.14 vs. the industry median of 0.87, Spencers Retail 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 Retail - Cyclical company?
The median Quick Ratio among Retail - Cyclical companies is 0.87, based on 1,125 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. Spencers Retail's current Quick Ratio of 0.11 is 87.4% 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 Spencers Retail and its competitors. For the Retail - Cyclical 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. Spencers Retail's current Quick Ratio is 0.11, which is 21% below median its own 10-year median of 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spencers Retail stock overvalued right now?
Based on GuruFocus' analysis, Spencers Retail (NSE:SPENCERS) is currently considered Possible Value Trap. The stock's GF Value™ is ₹55.17, compared to a current price of ₹36.10 — trading 34.6% below its estimated fair value. The current Quick Ratio is 0.11, which is 21% below median its 10-year median of 0.14 and 87.4% below the Retail - Cyclical industry median of 0.87. Spencers Retail's overall GF Score™ is 57/100 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 Spencers Retail (NSE:SPENCERS), the current Quick Ratio is 0.11 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 Spencers Retail (NSE:SPENCERS) Overvalued in 2026?
Based on GuruFocus' analysis, Spencers Retail stock appears to be undervalued.
The current stock price of ₹36.10 is trading 34.6% below its estimated GF Value™ of ₹55.17.
GuruFocus considers Spencers Retail to be Possible Value Trap.
Key valuation signals for NSE:SPENCERS:
Quick Ratio: 0.11 (21% below median its 10-year median of 0.14)
GF Value™: ₹55.17 vs. price of ₹36.10 (34.6% below fair value)
Industry Position: 87.4% below the Retail - Cyclical median (#1102 of 1125)
No single metric tells the full story. See the NSE:SPENCERS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spencers Retail Ltd is engaged in the retailing of goods and caters to the domestic market. The company is engaged in developing, conducting, investing, and promoting organized retail and operates departmental stores. The company provides a wide across categories such as food, personal care, fashion, home essentials, electrical, and electronics while its specialty section covers Spencer's gourmet, patisserie, wine, and liquor. The group operates only in India.
57GF Score
Get the complete analysis for NSE:SPENCERS
Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:SPENCERS has been successfully added to your 
