Compucom Software has a quick ratio of 0.00. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Compucom Software's Quick Ratio or its related term are showing as below:
BOM:532339'
s Quick Ratio Range Over the Past 10 Years
Min: 1.82 Med: 5.27 Max: 15.99
Current: 2.41
During the past 13 years, Compucom Software's highest Quick Ratio was 15.99. The lowest was 1.82. And the median was 5.27.
BOM:532339's Quick Ratio is ranked better than 75.09% of 269
companies
in the Education industry
Industry Median: 1.28
vs BOM:532339: 2.41
Compucom Software Quick Ratio Historical Data
The historical data trend for Compucom Software'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.
Competitive Comparison of Compucom Software's Quick Ratio
For the Education & Training Services subindustry, Compucom Software'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.
Compucom Software's Quick Ratio Distribution in the Education Industry
For the Education industry and Consumer Defensive sector, Compucom Software's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Compucom Software's Quick Ratio falls into.
Compucom Software 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.
Compucom Software's Quick Ratio for the fiscal year that ended in Mar. 2023 is calculated as
* 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.
Compucom Software (BOM:532339) 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.
Compucom Software Quick Ratio Related Terms
Thank you for viewing the detailed overview of Compucom Software's Quick Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Compucom Software (BOM:532339) Business Description
Compucom Software Ltd supports in offering information and communication technology (ICT) enabled education in government and private schools. The company along with its subsidiaries engaged in Software & E-Governance Services, Learning Solutions, and Wind Power Generation. The company is operating in following reportable segments: Software Development; Wind power generation; Learning Solution. It operates in various areas such as E-Governance projects, ICT Education projects, software design & development, IT and Media Training and Learning Solutions, Wind power generation. It derives the majority of its revenues through its learning solutions business. Geographically it generates the majority of its revenue from India and also has presence in USA.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
BOM:532339 has been successfully added to your 