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Starbucks Coffee Japan, (TSE:2712) Quick Ratio : 1.47 (As of Dec. 2014)


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What is Starbucks Coffee Japan, 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. Starbucks Coffee Japan,'s quick ratio for the quarter that ended in Dec. 2014 was 1.47.

Starbucks Coffee Japan, has a quick ratio of 1.47. It generally indicates good short-term financial strength.

The historical rank and industry rank for Starbucks Coffee Japan,'s Quick Ratio or its related term are showing as below:

TSE:2712' s Quick Ratio Range Over the Past 10 Years
Min: 0.71   Med: 1.37   Max: 1.58
Current: 1.47

During the past 7 years, Starbucks Coffee Japan,'s highest Quick Ratio was 1.58. The lowest was 0.71. And the median was 1.37.

TSE:2712's Quick Ratio is not ranked
in the Restaurants industry.
Industry Median: 0.87 vs TSE:2712: 1.47

Starbucks Coffee Japan, Quick Ratio Historical Data

The historical data trend for Starbucks Coffee Japan,'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.

Starbucks Coffee Japan, Quick Ratio Chart

Starbucks Coffee Japan, Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14
Quick Ratio
Get a 7-Day Free Trial 1.10 1.22 1.34 1.45 1.48

Starbucks Coffee Japan, Quarterly Data
Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14
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 1.58 1.48 1.44 1.48 1.47

Competitive Comparison of Starbucks Coffee Japan,'s Quick Ratio

For the Restaurants subindustry, Starbucks Coffee Japan,'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.


Starbucks Coffee Japan,'s Quick Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Starbucks Coffee Japan,'s Quick Ratio distribution charts can be found below:

* The bar in red indicates where Starbucks Coffee Japan,'s Quick Ratio falls into.



Starbucks Coffee Japan, 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.

Starbucks Coffee Japan,'s Quick Ratio for the fiscal year that ended in Mar. 2014 is calculated as

Quick Ratio (A: Mar. 2014 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(31799-2257)/19917
=1.48

Starbucks Coffee Japan,'s Quick Ratio for the quarter that ended in Dec. 2014 is calculated as

Quick Ratio (Q: Dec. 2014 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(35666-2944)/22323
=1.47

* 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.


Starbucks Coffee Japan,  (TSE:2712) 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.


Starbucks Coffee Japan, Quick Ratio Related Terms

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Starbucks Coffee Japan, Business Description

Traded in Other Exchanges
N/A
Address
Starbucks Coffee Japan, Ltd. was founded on October 26, 1995. The Company engages in the operation and management of coffee shops. Its operations are carried out through the following business divisions: Beverage, Food, Coffee Bean, Coffee Equipment, and Other. The Beverage division offers coffee, espresso, frappuccino, tea, and fruit juices. The Food division produces and distributes breakfast, pastries, sandwiches, salads, desserts, and packaged foods. The Coffee bean division involves with the sale of coffee beans. The Coffee Equipment division develops and markets espresso machines, coffee presses, coffee makers, and solo filters. The Other division produces and distributes Starbucks Coffee store-related items, such as mugs, tumblers, drinking glass, and utensils.

Starbucks Coffee Japan, Headlines

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