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DLocal Quick Ratio

: 1.70 (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. DLocal's quick ratio for the quarter that ended in Mar. 2022 was 1.70.

DLocal has a quick ratio of 1.70. It generally indicates good short-term financial strength.

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

DLO' s Quick Ratio Range Over the Past 10 Years
Min: 1.26   Med: 1.7   Max: 1.81
Current: 1.7

During the past 3 years, DLocal's highest Quick Ratio was 1.81. The lowest was 1.26. And the median was 1.70.

DLO's Quick Ratio is ranked worse than
54.31% of 2727 companies
in the Software industry
Industry Median: 1.88 vs DLO: 1.70

DLocal Quick Ratio Historical Data

The historical data trend for DLocal'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.

DLocal Annual Data
Trend Dec19 Dec20 Dec21
Quick Ratio
1.41 1.26 1.77

DLocal Quarterly Data
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 1.33 1.73 1.81 1.77 1.70

Competitive Comparison

For the Software - Infrastructure subindustry, DLocal'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.

   

DLocal Quick Ratio Distribution

For the Software industry and Technology sector, DLocal's Quick Ratio distribution charts can be found below:

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



DLocal 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.

DLocal's Quick Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Quick Ratio (A: Dec. 2021 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(529.506-0)/298.398
=1.77

DLocal'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
=(629.729-0)/370.468
=1.70

* 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.


DLocal  (NAS:DLO) 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.


DLocal Quick Ratio Related Terms

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DLocal Business Description

DLocal logo
Traded in Other Exchanges
N/A
Address
Drive Luis Bonavita 1294, Montevideo, URY, 11300
DLocal Ltd is focused on making the complex simple, redefining the online payments experience in emerging markets. Through its technology platform One dLocal, the company enables global enterprise merchants to get paid (pay-in) and to make payments (pay-out) online in a safe and efficient manner. The company earns revenue from fees charged to merchants in connection with payment processing services for cross-border and local payment transactions.

DLocal Headlines

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