Like the turnover ratio but without the inventory, a stricter test of immediate liquidity.
What this ratio is
The Quick Ratio (liquidity Quick Ratio): like the current ratio but without inventory, a stricter test of immediate liquidity.
How to read it
The same ratio without inventory: above 1× liquid assets alone cover near-term liabilities.
Common mistake
It is missing when the company does not report inventory (service firms), and missing is not zero.
Where to see it on the platform
The fundamentals comparison page shows it for each company against the market median, under the "liquidity metrics" family, with five years of history and a 12-month window.