Sysco Quick Ratio from 2010 to 2024

SYY Stock  USD 76.36  0.59  0.77%   
Sysco Quick Ratio yearly trend continues to be fairly stable with very little volatility. Quick Ratio is likely to outpace its year average in 2024. Quick Ratio is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. View All Fundamentals
 
Quick Ratio  
First Reported
2010-12-31
Previous Quarter
0.68877827
Current Value
0.74035939
Quarterly Volatility
0.12183612
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Sysco financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sysco's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1 B, Total Revenue of 82.8 B or Gross Profit of 15.3 B, as well as many indicators such as Price To Sales Ratio of 0.61, Dividend Yield of 0.0202 or PTB Ratio of 14.24. Sysco financial statements analysis is a perfect complement when working with Sysco Valuation or Volatility modules.
  
Check out the analysis of Sysco Correlation against competitors.
For more information on how to buy Sysco Stock please use our How to Invest in Sysco guide.

Latest Sysco's Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of Sysco over the last few years. It is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. Sysco's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sysco's overall financial position and show how it may be relating to other accounts over time.
Quick Ratio10 Years Trend
Slightly volatile
   Quick Ratio   
       Timeline  

Sysco Quick Ratio Regression Statistics

Arithmetic Mean0.79
Geometric Mean0.78
Coefficient Of Variation15.39
Mean Deviation0.08
Median0.74
Standard Deviation0.12
Sample Variance0.01
Range0.4957
R-Value(0.73)
Mean Square Error0.01
R-Squared0.53
Significance0
Slope(0.02)
Total Sum of Squares0.21

Sysco Quick Ratio History

2024 0.74
2023 0.69
2017 0.72
2011 0.83
2010 1.18

About Sysco Financial Statements

Sysco investors use historical fundamental indicators, such as Sysco's Quick Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Sysco. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 0.69  0.74 

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Additional Tools for Sysco Stock Analysis

When running Sysco's price analysis, check to measure Sysco's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sysco is operating at the current time. Most of Sysco's value examination focuses on studying past and present price action to predict the probability of Sysco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sysco's price. Additionally, you may evaluate how the addition of Sysco to your portfolios can decrease your overall portfolio volatility.