01 Communique Laboratory (FRA:DFK) Quick Ratio : 2.52 (As of Jan. 2024)

01 Communique Laboratory Quick Ratio Chart

01 Communique Laboratory Annual Data
	Trend	Oct14	Oct15	Oct16	Oct17	Oct18	Oct19	Oct20	Oct21	Oct22	Oct23
Quick Ratio		Get a 7-Day Free Trial					1.28	7.05	5.34	3.13	2.13

01 Communique Laboratory Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Quick Ratio	Get a 7-Day Free Trial															3.26	2.81	3.28	2.13	2.52

Competitive Comparison of 01 Communique Laboratory's Quick Ratio

For the Software - Application subindustry, 01 Communique Laboratory'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.

01 Communique Laboratory's Quick Ratio Distribution in the Software Industry

For the Software industry and Technology sector, 01 Communique Laboratory's Quick Ratio distribution charts can be found below:

* The bar in red indicates where 01 Communique Laboratory's Quick Ratio falls into.

01 Communique Laboratory 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.

01 Communique Laboratory's Quick Ratio for the fiscal year that ended in Oct. 2023 is calculated as

01 Communique Laboratory's Quick Ratio for the quarter that ended in Jan. 2024 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.

01 Communique Laboratory  (FRA:DFK) 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.

01 Communique Laboratory Quick Ratio Related Terms

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01 Communique Laboratory (FRA:DFK) Business Description