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Yieh Phui Enterprise Co (TPE:2023) Quick Ratio : 0.71 (As of Mar. 2025)


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What is Yieh Phui Enterprise Co Quick Ratio?

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. Yieh Phui Enterprise Co's quick ratio for the quarter that ended in Mar. 2025 was 0.71.

Yieh Phui Enterprise Co has a quick ratio of 0.71. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Yieh Phui Enterprise Co's Quick Ratio or its related term are showing as below:

TPE:2023' s Quick Ratio Range Over the Past 10 Years
Min: 0.42   Med: 0.64   Max: 0.88
Current: 0.71

During the past 13 years, Yieh Phui Enterprise Co's highest Quick Ratio was 0.88. The lowest was 0.42. And the median was 0.64.

TPE:2023's Quick Ratio is ranked worse than
66.25% of 634 companies
in the Steel industry
Industry Median: 1.01 vs TPE:2023: 0.71

Yieh Phui Enterprise Co Quick Ratio Historical Data

The historical data trend for Yieh Phui Enterprise Co'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.

Yieh Phui Enterprise Co Quick Ratio Chart

Yieh Phui Enterprise Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.50 0.70 0.69 0.60

Yieh Phui Enterprise Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.61 0.68 0.63 0.60 0.71

Competitive Comparison of Yieh Phui Enterprise Co's Quick Ratio

For the Steel subindustry, Yieh Phui Enterprise Co'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.


Yieh Phui Enterprise Co's Quick Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Yieh Phui Enterprise Co's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Yieh Phui Enterprise Co's Quick Ratio falls into.


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Yieh Phui Enterprise Co 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.

Yieh Phui Enterprise Co's Quick Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Quick Ratio (A: Dec. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(27950.044-10169.709)/29828.865
=0.60

Yieh Phui Enterprise Co's Quick Ratio for the quarter that ended in Mar. 2025 is calculated as

Quick Ratio (Q: Mar. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(28327.737-10167.443)/25672.038
=0.71

* 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.


Yieh Phui Enterprise Co  (TPE:2023) 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.


Yieh Phui Enterprise Co Quick Ratio Related Terms

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Yieh Phui Enterprise Co Business Description

Traded in Other Exchanges
N/A
Address
No. 369, Yuliao Road, Qiaotou District, Kaohsiung, TWN, 825004
Yieh Phui Enterprise Co Ltd is engaged mainly in the processing, manufacturing marketing and import/export trading of rolled steel coils, refined steel, molded steel, steel/iron wires, and galvanized/pre-painted/surface-treated metals. The company's segments include Steel coils and steel pipes, Construction, Wire rods, and Others. The majority of revenue is generated from Steel coils and steel pipes. Geographically, the company operates in Taiwan, the USA, Asia, Europe, and others.

Yieh Phui Enterprise Co Headlines

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