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Aviat Networks Quick Ratio

: 1.57 (As of Mar. 2022)
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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. Aviat Networks's quick ratio for the quarter that ended in Mar. 2022 was 1.57.

Aviat Networks has a quick ratio of 1.57. It generally indicates good short-term financial strength.

The historical rank and industry rank for Aviat Networks's Quick Ratio or its related term are showing as below:

AVNW' s Quick Ratio Range Over the Past 10 Years
Min: 0.68   Med: 1.53   Max: 3.49
Current: 1.57

During the past 13 years, Aviat Networks's highest Quick Ratio was 3.49. The lowest was 0.68. And the median was 1.53.

AVNW's Quick Ratio is ranked better than
57.18% of 2394 companies
in the Hardware industry
Industry Median: 1.38 vs AVNW: 1.57

Aviat Networks Quick Ratio Historical Data

The historical data trend for Aviat Networks'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.

Aviat Networks Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Quick Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.17 1.16 1.42 1.33 1.51

Aviat Networks Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Quick Ratio 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 Premium Member Only Premium Member Only Premium Member Only 1.51 1.51 1.53 1.57 1.57

Competitive Comparison

For the Communication Equipment subindustry, Aviat Networks'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.

   

Aviat Networks Quick Ratio Distribution

For the Hardware industry and Technology sector, Aviat Networks's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Aviat Networks's Quick Ratio falls into.



Aviat Networks 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.

Aviat Networks's Quick Ratio for the fiscal year that ended in Jun. 2021 is calculated as

Quick Ratio (A: Jun. 2021 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(170.239-24.867)/96.369
=1.51

Aviat Networks's Quick Ratio for the quarter that ended in Mar. 2022 is calculated as

Quick Ratio (Q: Mar. 2022 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(196.606-30.476)/105.656
=1.57

* 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.


Aviat Networks  (NAS:AVNW) 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.


Aviat Networks Quick Ratio Related Terms

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Aviat Networks Business Description

Aviat Networks logo
Traded in Other Exchanges
Address
200 Parker Drive, Suite C100A, Austin, TX, USA, 78728
Aviat Networks Inc is a networking solutions provider. It designs, manufactures and sells wireless networking products, solutions, and services to mobile and fixed operators, private network operators, government agencies, transportation and utility companies, public safety agencies and broadcast network operators around the world. The company's product categories include point-to-point microwave and millimeter wave radios that are licensed (subject to local frequency regulatory requirements), lightly-licensed and license-exempt (operating in license-exempt frequencies), and element and network management software. Primarily the firm's concentrations for most of the Sales and Service resources are in the United States, Western and Southern Africa, the Philippines, and the European Union.
Executives
Taten Bruce M. director 600 TRAVIS, SUITE 5600 HOUSTON TX 77002
Singh Somesh director 1301 S MOPAC EXPRESSWAY SUITE 100 AUSTIN TX 78746
Ingram Bryan director C/O AVAGO TECHNOLOGIES LIMITED 350 WEST TRIMBLE ROAD, BLDG. 90 SAN JOSE CA 95131
Gray David M officer: Sr VP and CFO AVIAT NETWORKS, INC 200 PARKER DRIVE, SUITE C 100A AUSTIN TX 78726
Boase Erin officer: VP Legal Affairs AVIAT NETWORKS, INC. 200 PARKER DRIVE, SUITE C100A AUSTIN TX 78728
Croke Gary officer: VP Marketing and PLM AVIAT NETWORKS, INC. 200 PARKER DRIVE, SUITE C100A AUSTIN TX 78728
Klein Michele director 469 MINOCA ROAD PORTOLA VALLEY CA 94028
Tucker Bryan officer: Sr. VP, Americas Sales and Ser 200 PARKER DRIVE SUITE C100A AUSTIN TX 78728
Sph Group Llc 10 percent owner C/O STEEL PARTNERS HOLDINGS L.P. 590 MADISON AVENUE, 32ND FLOOR NEW YORK NY 10022
Steel Partners Holdings Gp Inc. 10 percent owner 590 MADISON AVENUE 32ND FLOOR NEW YORK NY 10022
Sph Group Holdings Llc 10 percent owner C/O STEEL PARTNERS HOLDINGS L.P. 590 MADISON AVENUE, 32ND FLOOR NEW YORK NY 10022
Steel Partners Holdings L.p. 10 percent owner 590 MADISON AVENUE, 32ND FLOOR NEW YORK NY 10022
Steel Excel Inc. 10 percent owner 590 MADISON AVENUE, 32ND FLOOR NEW YORK NY 10022
Loeb Dahlia director 200 PARKER DRIVE SUITE C100A AUSTIN TX 78728
Smith Pete A officer: President & CEO C/O POLYPORE INTERNATIONAL, INC. 11430 N. COMMUNITY HOUSE RD, SUITE 350 CHARLOTTE NC 28277

Aviat Networks Headlines

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