GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Church & Dwight Co Inc (NYSE:CHD) » Definitions » Current Ratio

Church & Dwight Co (Church & Dwight Co) Current Ratio

: 1.08 (As of Dec. 2023)
View and export this data going back to 1990. Start your Free Trial

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Church & Dwight Co's current ratio for the quarter that ended in Dec. 2023 was 1.08.

Church & Dwight Co has a current ratio of 1.08. It generally indicates good short-term financial strength.

The historical rank and industry rank for Church & Dwight Co's Current Ratio or its related term are showing as below:

CHD' s Current Ratio Range Over the Past 10 Years
Min: 0.59   Med: 0.96   Max: 1.18
Current: 1.08

During the past 13 years, Church & Dwight Co's highest Current Ratio was 1.18. The lowest was 0.59. And the median was 0.96.

CHD's Current Ratio is ranked worse than
74.83% of 1903 companies
in the Consumer Packaged Goods industry
Industry Median: 1.65 vs CHD: 1.08

Church & Dwight Co Current Ratio Historical Data

The historical data trend for Church & Dwight Co's Current 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.

Church & Dwight Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Current Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.88 0.80 0.59 1.18 1.08

Church & Dwight Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Current 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 1.18 1.18 1.41 1.47 1.08

Competitive Comparison

For the Household & Personal Products subindustry, Church & Dwight Co's Current Ratio, along with its competitors' market caps and Current 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.


Church & Dwight Co Current Ratio Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Church & Dwight Co's Current Ratio distribution charts can be found below:

* The bar in red indicates where Church & Dwight Co's Current Ratio falls into.



Church & Dwight Co Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Church & Dwight Co's Current Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Current Ratio (A: Dec. 2023 )=Total Current Assets (A: Dec. 2023 )/Total Current Liabilities (A: Dec. 2023 )
=1529.7/1422
=1.08

Church & Dwight Co's Current Ratio for the quarter that ended in Dec. 2023 is calculated as

Current Ratio (Q: Dec. 2023 )=Total Current Assets (Q: Dec. 2023 )/Total Current Liabilities (Q: Dec. 2023 )
=1529.7/1422
=1.08

* 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.


Church & Dwight Co  (NYSE:CHD) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Church & Dwight Co Current Ratio Related Terms

Thank you for viewing the detailed overview of Church & Dwight Co's Current Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Church & Dwight Co (Church & Dwight Co) Business Description

Traded in Other Exchanges
Address
500 Charles Ewing Boulevard, Ewing, NJ, USA, 08628
Church & Dwight is the leading global producer of baking soda. Beyond baking soda, the products in its portfolio have vast category reach, including laundry products, cat litter, oral care, deodorant, and nasal care, all sold under the Arm & Hammer brand. Its mix also includes Xtra, Trojan, OxiClean, First Response, Nair, L'il Critters/Vitafusion, Orajel, and WaterPik, which together with Arm & Hammer constitute more than 80% of its annual sales and profits. In early 2019, the firm announced the addition of Flawless, which manufactures electric shaving products for women. At the end of 2020, the firm acquired Zicam, a leading brand in the cough/cold-shortening category. Church & Dwight derives more than 80% of its sales from its home market in the U.S.
Executives
Michael Read officer: EVP, International 500 CHARLES EWING BLVD, EWING NJ 08628
Matthew Farrell officer: Vice President Finance and CFO
Richard A Dierker officer: E.V.P. Finance & C.F.O. 500 CHARLES EWING BLVD, EWING NJ 08628
Rene Hemsey officer: E.V.P. HR 500 CHARLES EWING BLVD, EWING NJ 08628
Bradley C Irwin director 469 NORTH HARRISON STREET, PRINCETON NJ 08543
De Maynadier Patrick D officer: EVP, Gen. Counsel & Secretary
Carlen Hooker officer: EVP, Chief Commercial Officer 500 CHARLES EWING BLVD, EWING NJ 08628
Ravichandra Krishnamurty Saligram director C/O NEWELL BRANDS INC., 6655 PEACHTREE DUNWOODY ROAD, ATLANTA GA 30328
Paul Richard Wood officer: EVP, Sales 500 CHARLES EWING BLVD, EWING NJ 08628
Brian D Buchert officer: EVP of Strategy, M&A, and BP 500 CHARLES EWING BLVD, EWING NJ 08628
Barry A. Bruno officer: EVP, International 500 CHARLES EWING BLVD, EWING NJ 08628
James Craigie director, officer: President, Chief Executive Off 500 CHARLES EWING BLVD, EWING NJ 08628
Arthur B Winkleblack director
Brad Cashaw director 2711 NORTH HASKELL AVENUE, SUITE 3400, DALLAS TX 75204
Robert K Shearer director 400 NORTH ELM STREET, GREENSBORO NC 27403

Church & Dwight Co (Church & Dwight Co) Headlines