Analysis of Liquidity Ratios
Liquidity ratios measure the company ability to meet its short-term obligations.
Liquidity Ratios (Summary)
lululemon athletica inc., liquidity ratios
Based on: 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-02-02), 10-K (reporting date: 2019-02-03).
| Liquidity ratio | Description | The company |
|---|---|---|
| Current ratio | A liquidity ratio calculated as current assets divided by current liabilities. | lululemon athletica inc. current ratio improved from 2022 to 2023 and from 2023 to 2024. |
| Quick ratio | A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. | lululemon athletica inc. quick ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. |
| Cash ratio | A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. | lululemon athletica inc. cash ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. |
Current Ratio
lululemon athletica inc., current ratio calculation, comparison to benchmarks
| Jan 28, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Feb 2, 2020 | Feb 3, 2019 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||
| Current assets | 4,060,577) | 3,159,453) | 2,614,853) | 2,124,379) | 1,807,938) | 1,429,282) | |
| Current liabilities | 1,631,261) | 1,492,198) | 1,405,334) | 883,178) | 620,418) | 500,477) | |
| Liquidity Ratio | |||||||
| Current ratio1 | 2.49 | 2.12 | 1.86 | 2.41 | 2.91 | 2.86 | |
| Benchmarks | |||||||
| Current Ratio, Competitors2 | |||||||
| Nike Inc. | — | 2.72 | 2.63 | 2.72 | 2.48 | 2.10 | |
| Current Ratio, Sector | |||||||
| Consumer Durables & Apparel | — | 2.64 | 2.54 | 2.69 | 2.51 | 2.15 | |
| Current Ratio, Industry | |||||||
| Consumer Discretionary | — | 1.18 | 1.14 | 1.24 | 1.18 | 1.08 | |
Based on: 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-02-02), 10-K (reporting date: 2019-02-03).
1 2024 Calculation
Current ratio = Current assets ÷ Current liabilities
= 4,060,577 ÷ 1,631,261 = 2.49
2 Click competitor name to see calculations.
| Liquidity ratio | Description | The company |
|---|---|---|
| Current ratio | A liquidity ratio calculated as current assets divided by current liabilities. | lululemon athletica inc. current ratio improved from 2022 to 2023 and from 2023 to 2024. |
Quick Ratio
lululemon athletica inc., quick ratio calculation, comparison to benchmarks
| Jan 28, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Feb 2, 2020 | Feb 3, 2019 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||
| Cash and cash equivalents | 2,243,971) | 1,154,867) | 1,259,871) | 1,150,517) | 1,093,505) | 881,320) | |
| Accounts receivable, net | 124,769) | 132,906) | 77,001) | 62,399) | 40,219) | 35,786) | |
| Total quick assets | 2,368,740) | 1,287,773) | 1,336,872) | 1,212,916) | 1,133,724) | 917,106) | |
| Current liabilities | 1,631,261) | 1,492,198) | 1,405,334) | 883,178) | 620,418) | 500,477) | |
| Liquidity Ratio | |||||||
| Quick ratio1 | 1.45 | 0.86 | 0.95 | 1.37 | 1.83 | 1.83 | |
| Benchmarks | |||||||
| Quick Ratio, Competitors2 | |||||||
| Nike Inc. | — | 1.60 | 1.65 | 1.85 | 1.39 | 1.14 | |
| Quick Ratio, Sector | |||||||
| Consumer Durables & Apparel | — | 1.50 | 1.57 | 1.81 | 1.42 | 1.18 | |
| Quick Ratio, Industry | |||||||
| Consumer Discretionary | — | 0.84 | 0.81 | 0.92 | 0.89 | 0.77 | |
Based on: 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-02-02), 10-K (reporting date: 2019-02-03).
1 2024 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 2,368,740 ÷ 1,631,261 = 1.45
2 Click competitor name to see calculations.
| Liquidity ratio | Description | The company |
|---|---|---|
| Quick ratio | A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. | lululemon athletica inc. quick ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. |
Cash Ratio
lululemon athletica inc., cash ratio calculation, comparison to benchmarks
| Jan 28, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Feb 2, 2020 | Feb 3, 2019 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||
| Cash and cash equivalents | 2,243,971) | 1,154,867) | 1,259,871) | 1,150,517) | 1,093,505) | 881,320) | |
| Total cash assets | 2,243,971) | 1,154,867) | 1,259,871) | 1,150,517) | 1,093,505) | 881,320) | |
| Current liabilities | 1,631,261) | 1,492,198) | 1,405,334) | 883,178) | 620,418) | 500,477) | |
| Liquidity Ratio | |||||||
| Cash ratio1 | 1.38 | 0.77 | 0.90 | 1.30 | 1.76 | 1.76 | |
| Benchmarks | |||||||
| Cash Ratio, Competitors2 | |||||||
| Nike Inc. | — | 1.15 | 1.21 | 1.39 | 1.06 | 0.59 | |
| Cash Ratio, Sector | |||||||
| Consumer Durables & Apparel | — | 1.10 | 1.17 | 1.39 | 1.11 | 0.66 | |
| Cash Ratio, Industry | |||||||
| Consumer Discretionary | — | 0.57 | 0.55 | 0.71 | 0.70 | 0.56 | |
Based on: 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-02-02), 10-K (reporting date: 2019-02-03).
1 2024 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 2,243,971 ÷ 1,631,261 = 1.38
2 Click competitor name to see calculations.
| Liquidity ratio | Description | The company |
|---|---|---|
| Cash ratio | A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. | lululemon athletica inc. cash ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. |