Sato Foods Co (TSE:2923) Quick Ratio: 0.89 (As of Apr. 2026) — Near Median


TSE:2923 Sato Foods Co Ltd TSE:2923
73 GF Score
Price 円8,600.00
GF Value 円8,275.62
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Sato Foods Co Quick Ratio?

Sato Foods Co TSE:2923 +0.94% 73 Quick Ratio is 0.89 as of Apr. 2026, which is 2% above its 10-year median of 0.87. GuruFocus rates TSE:2923 with a GF Score™ of 73/100 and a GF Value™ of 円8,275.62 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,990 Consumer Packaged Goods companies, Sato Foods Co ranks worse than 59.3% 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. Sato Foods Co's quick ratio for the quarter that ended in Apr. 2026 was 0.89.

Sato Foods Co has a quick ratio of 0.89. It indicates that the company cannot currently fully pay back its current liabilities.

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

TSE:2923' s Quick Ratio Range Over the Past 10 Years
Min: 0.66   Med: 0.87   Max: 1.25
Current: 0.89

During the past 13 years, Sato Foods Co's highest Quick Ratio was 1.25. The lowest was 0.66. And the median was 0.87.

TSE:2923's Quick Ratio is ranked worse than
59.3% of 1990 companies
in the Consumer Packaged Goods industry
Industry Median: 1.12 vs TSE:2923: 0.89

Sato Foods Co  (TSE:2923) 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.


Sato Foods Co Quick Ratio Related Terms


Sato Foods Co Quick Ratio Historical Data

* Premium members only.

The historical data trend for Sato Foods 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.

Sato Foods Co Quick Ratio Chart

Sato Foods Co Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.84 1.21 1.11 1.25 0.89

Sato Foods Co Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 1.11 0.84 1.25 0.73 0.89

TSE:2923 vs KHC, GIS: Quick Ratio Comparison

For the Packaged Foods subindustry, Sato Foods 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.


Sato Foods Co Quick Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sato Foods Co's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Sato Foods Co's Quick Ratio falls into.


TSE:2923
73GF Score
Sato Foods Co Ltd TSE:2923
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sato Foods 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.

Sato Foods Co's Quick Ratio for the fiscal year that ended in Apr. 2026 is calculated as

Quick Ratio (A: Apr. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(28082.829-12217.094)/17843.098
=0.89

Sato Foods Co's Quick Ratio for the quarter that ended in Apr. 2026 is calculated as

Quick Ratio (Q: Apr. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(28082.829-12217.094)/17843.098
=0.89

* 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 0.89 mean?
Sato Foods Co (TSE:2923) has a Quick Ratio of 0.89 as of Apr. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Sato Foods Co and its competitors. This is near median its historical median of 0.87. Over the past decade, Sato Foods Co's Quick Ratio has ranged from 0.66 to 1.25. According to the industry distribution chart, Sato Foods Co ranks #1180 out of 1990 companies in the Consumer Packaged Goods industry, placing it in the top 59.3%.
Is Sato Foods Co's Quick Ratio too high?
Sato Foods Co's current Quick Ratio of 0.89 is near median its 10-year median of 0.87. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 1.25. The Consumer Packaged Goods industry median Quick Ratio is 1.12. Sato Foods Co's value of 0.89 is 20.5% below this industry median. Based on the distribution chart, Sato Foods Co ranks #1180 out of 1990 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Sato Foods Co has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sato Foods Co's Quick Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Sato Foods Co ranks #1180 out of 1990 companies for Quick Ratio. This places Sato Foods Co in the lower half of its industry. The industry median Quick Ratio is 1.12. Sato Foods Co's value of 0.89 is 20.5% below this benchmark. Historically, Sato Foods Co's own Quick Ratio has ranged from 0.66 to 1.25 over the past decade. While the company's 10-year median is 0.87 vs. the industry median of 1.12, Sato Foods Co 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 Consumer Packaged Goods company?
The median Quick Ratio among Consumer Packaged Goods companies is 1.12, based on 1,990 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. Sato Foods Co's current Quick Ratio of 0.89 is 20.5% 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 Sato Foods Co and its competitors. For the Consumer Packaged Goods industry, the median Quick Ratio is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sato Foods Co's current Quick Ratio is 0.89, which is near median its own 10-year median of 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sato Foods Co stock overvalued right now?
Based on GuruFocus' analysis, Sato Foods Co (TSE:2923) is currently considered Fairly Valued. The stock's GF Value™ is 円8,275.62, compared to a current price of 円8,600.00 — trading 3.9% above its estimated fair value. The current Quick Ratio is 0.89, which is near median its 10-year median of 0.87 and 20.5% below the Consumer Packaged Goods industry median of 1.12. Sato Foods Co's overall GF Score™ is 73/100 with 5 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 Sato Foods Co (TSE:2923), the current Quick Ratio is 0.89 as of Apr. 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 Sato Foods Co (TSE:2923) Overvalued in 2026?

Based on GuruFocus' analysis, Sato Foods Co stock appears to be overvalued. The current stock price of 円8,600.00 is trading 3.9% above its estimated GF Value™ of 円8,275.62. GuruFocus considers Sato Foods Co to be Fairly Valued.

Key valuation signals for TSE:2923:

  • Quick Ratio: 0.89 (near median its 10-year median of 0.87)
  • GF Value™: 円8,275.62 vs. price of 円8,600.00 (3.9% above fair value)
  • GF Score™: 73/100 with 5 warning signs
  • Industry Position: 20.5% below the Consumer Packaged Goods median (#1180 of 1990)

No single metric tells the full story. See the TSE:2923 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sato Foods Co Business Description

Address 13-5 Takaramachi, Niigatahigashi-ku, Niigata Prefecture, Niigata, JPN, 950-8730
Sato Foods Co Ltd is engaged in the production and sales of packed mochi and packed cooked rice in Japan. Its packaged rice cakes include Sato sliced rice-cake crisp and slit, Round rice-cake single pack and Sato Kagami Mochi. Its packed rice products include Sato rice, low-protein rice and others.
73GF Score

Get the complete analysis for TSE:2923

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

円8,600.00
Price
円8,275.62
GF Value