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TDUP (ThredUp) Quick Ratio : 0.92 (As of Mar. 2025)


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What is ThredUp 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. ThredUp's quick ratio for the quarter that ended in Mar. 2025 was 0.92.

ThredUp has a quick ratio of 0.92. It indicates that the company cannot currently fully pay back its current liabilities.

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

TDUP' s Quick Ratio Range Over the Past 10 Years
Min: 0.86   Med: 1.19   Max: 3.3
Current: 0.92

During the past 7 years, ThredUp's highest Quick Ratio was 3.30. The lowest was 0.86. And the median was 1.19.

TDUP's Quick Ratio is ranked better than
54.53% of 1126 companies
in the Retail - Cyclical industry
Industry Median: 0.83 vs TDUP: 0.92

ThredUp Quick Ratio Historical Data

The historical data trend for ThredUp'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.

ThredUp Quick Ratio Chart

ThredUp Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Quick Ratio
Get a 7-Day Free Trial 1.15 2.44 1.38 1.19 0.91

ThredUp 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 0.98 0.92 0.86 0.91 0.92

Competitive Comparison of ThredUp's Quick Ratio

For the Internet Retail subindustry, ThredUp'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.


ThredUp's Quick Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, ThredUp's Quick Ratio distribution charts can be found below:

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


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ThredUp 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.

ThredUp'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
=(56.922-0.69)/61.524
=0.91

ThredUp'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
=(60.46-0)/65.605
=0.92

* 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.


ThredUp  (NAS:TDUP) 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.


ThredUp Quick Ratio Related Terms

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ThredUp Business Description

Traded in Other Exchanges
Address
969 Broadway, Suite 200, Oakland, CA, USA, 94607
ThredUp Inc is an online resale platform for women and kids apparel, shoes, and accessories. It generates revenue from items that are sold to buyers through the website, mobile app and RaaS partners. Geographically, the majority of the company's revenue is generated from United States.
Executives
Patricia Nakache director, 10 percent owner 325 SHARON PARK DR., #458, MENLO PARK CA 94025
James G. Reinhart director, officer: Chief Executive Officer 969 BROADWAY, SUITE 200, OAKLAND CA 94607
Ian Friedman director C/O HIGHLAND TRANSCEND PARTNERS I CORP., 16 FAYERWEATHER ST, CAMBRIDGE MA 02138
Daniel J Nova director, 10 percent owner C/O HIGHLAND CAPITAL PARTNERS INC, TWO INTERNATIONAL PLACE, BOSTON MA 02110
Jack R Lazar director 400 W. CESAR CHAVEZ, ATTN: STOCK ADMINISTRATION, AUSTIN TX 78701
Alon Rotem officer: Chief Legal Officer 969 BROADWAY, SUITE 200, OAKLAND CA 94607
Gs Investment Strategies, Llc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Anthony Salvatore Marino officer: President 969 BROADWAY, SUITE 200, OAKLAND CA 94607
Trinity Tvl X, Llc 10 percent owner 325 SHARON PARK DR., #458, MENLO PARK CA 94025
Sean Sobers officer: Chief Financial Officer 3450 W. WARREN AVENUE, FREMONT CA 94538
Christopher Homer officer: Chief Operating Officer 969 BROADWAY, SUITE 200, OAKLAND CA 94607
Rushing Coretha M director C/O EQUIFAX INC., 1550 PEACHTREE STREET NW, ATLANTA GA 30309
Highland Capital Partners Vii Lp 10 percent owner 92 HAYDEN AVE, LEXINGTON MA 02421
Highland Management Partners Viii Limited Partnership 10 percent owner ONE BROADWAY, 16TH FLOOR, CAMBRIDGE MA 02142
Highland Management Partners Viii Ltd 10 percent owner ONE BROADWAY, 16TH FLOOR, CAMBRIDGE MA 02142