Stock Analysis on Net
Stock Analysis on Net

Costco Wholesale Corp. (NASDAQ:COST)

Analysis of Liquidity Ratios
Quarterly Data

Beginner level

Liquidity Ratios (Summary)

Costco Wholesale Corp., liquidity ratios (quarterly data)

Microsoft Excel LibreOffice Calc
Nov 22, 2020 Aug 30, 2020 May 10, 2020 Feb 16, 2020 Nov 24, 2019 Sep 1, 2019 May 12, 2019 Feb 17, 2019 Nov 25, 2018 Sep 2, 2018 May 13, 2018 Feb 18, 2018 Nov 26, 2017 Sep 3, 2017 May 7, 2017 Feb 12, 2017 Nov 20, 2016 Aug 28, 2016 May 8, 2016 Feb 14, 2016 Nov 22, 2015 Aug 30, 2015 May 10, 2015 Feb 15, 2015 Nov 23, 2014
Current ratio 0.98 1.13 1.11 1.04 1.01 1.01 0.98 0.96 1.02 1.02 1.01 1.00 0.98 0.99 0.81 0.93 0.97 0.98 0.97 1.01 1.03 1.05 1.05 0.99 1.20
Quick ratio 0.49 0.60 0.58 0.47 0.45 0.47 0.43 0.41 0.43 0.45 0.44 0.41 0.41 0.41 0.34 0.40 0.40 0.38 0.43 0.41 0.42 0.46 0.48 0.48 0.55
Cash ratio 0.44 0.54 0.52 0.38 0.38 0.41 0.36 0.32 0.35 0.36 0.36 0.31 0.34 0.33 0.27 0.32 0.32 0.30 0.35 0.31 0.34 0.39 0.41 0.41 0.48

Based on: 10-Q (filing date: 2020-12-16), 10-K (filing date: 2020-10-07), 10-Q (filing date: 2020-06-04), 10-Q (filing date: 2020-03-12), 10-Q (filing date: 2019-12-23), 10-K (filing date: 2019-10-11), 10-Q (filing date: 2019-06-06), 10-Q (filing date: 2019-03-13), 10-Q (filing date: 2018-12-20), 10-K (filing date: 2018-10-26), 10-Q (filing date: 2018-06-07), 10-Q (filing date: 2018-03-15), 10-Q (filing date: 2017-12-21), 10-K (filing date: 2017-10-18), 10-Q (filing date: 2017-06-01), 10-Q (filing date: 2017-03-09), 10-Q (filing date: 2016-12-16), 10-K (filing date: 2016-10-12), 10-Q (filing date: 2016-06-01), 10-Q (filing date: 2016-03-09), 10-Q (filing date: 2015-12-18), 10-K (filing date: 2015-10-14), 10-Q (filing date: 2015-06-04), 10-Q (filing date: 2015-03-11), 10-Q (filing date: 2014-12-18).

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. Costco Wholesale Corp.’s current ratio improved from Q3 2020 to Q4 2020 but then deteriorated significantly from Q4 2020 to Q1 2021.
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. Costco Wholesale Corp.’s quick ratio improved from Q3 2020 to Q4 2020 but then deteriorated significantly from Q4 2020 to Q1 2021.
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. Costco Wholesale Corp.’s cash ratio improved from Q3 2020 to Q4 2020 but then deteriorated significantly from Q4 2020 to Q1 2021.

Current Ratio

Costco Wholesale Corp., current ratio calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Nov 22, 2020 Aug 30, 2020 May 10, 2020 Feb 16, 2020 Nov 24, 2019 Sep 1, 2019 May 12, 2019 Feb 17, 2019 Nov 25, 2018 Sep 2, 2018 May 13, 2018 Feb 18, 2018 Nov 26, 2017 Sep 3, 2017 May 7, 2017 Feb 12, 2017 Nov 20, 2016 Aug 28, 2016 May 8, 2016 Feb 14, 2016 Nov 22, 2015 Aug 30, 2015 May 10, 2015 Feb 15, 2015 Nov 23, 2014
Selected Financial Data (US$ in millions)
Current assets 32,096  28,120  25,254  23,703  26,643  23,485  22,285  21,648  22,954  20,289  19,693  18,899  19,897  17,317  17,256  17,460  18,570  15,218  16,542  15,529  18,858  17,299  17,634  18,058  19,156 
Current liabilities 32,667  24,844  22,779  22,695  26,265  23,237  22,832  22,450  22,473  19,926  19,411  18,913  20,360  17,495  21,394  18,860  19,161  15,575  16,999  15,433  18,293  16,540  16,736  18,249  16,019 
Liquidity Ratio
Current ratio1 0.98 1.13 1.11 1.04 1.01 1.01 0.98 0.96 1.02 1.02 1.01 1.00 0.98 0.99 0.81 0.93 0.97 0.98 0.97 1.01 1.03 1.05 1.05 0.99 1.20
Benchmarks
Current Ratio, Competitors2
Amazon.com Inc. 1.11 1.18 1.08 1.10 1.10 1.10 1.09 1.10 1.08 1.07 1.06 1.04 1.03 1.01 1.06 1.04 1.06 1.09 1.08 1.08 1.08 1.10 1.12
Dollar General Corp. 1.44 1.14 1.12 1.14 1.16 1.55 1.55 1.55 1.65 1.43 1.41 1.42 1.39 1.40 1.34 1.36 1.73 1.72 1.75 1.59 1.57 1.78 1.58 1.59 1.58
Home Depot Inc. 1.17 1.08 1.08 1.10 1.04 1.11 1.09 1.13 1.17 1.17 1.23 1.30 1.21 1.25 1.34 1.30 1.25 1.36 1.16 1.19 1.06 1.36 1.37 1.44 1.32
Lowe’s Cos. Inc. 1.20 1.01 1.04 1.06 1.09 0.98 1.00 1.06 1.02 1.06 1.02 1.03 1.04 1.00 1.01 1.01 1.17 1.01 1.02 0.94 0.99 1.08 1.12 1.11 1.11
Target Corp. 1.01 0.89 0.83 0.84 0.88 0.83 0.83 0.82 0.90 0.95 0.96 0.91 0.95 0.94 1.02 1.05 1.16 1.12 1.10 1.15 1.24 1.20 1.02 1.02 0.92
TJX Cos. Inc. 2.20 1.24 1.22 1.25 1.23 1.53 1.55 1.64 1.69 1.66 1.53 1.63 1.64 1.63 1.62 1.58 1.60 1.54 1.55 1.63 1.66 1.71 1.63 1.72 1.68
Walmart Inc. 0.77 0.79 0.81 0.76 0.77 0.80 0.81 0.93 0.73 0.76 0.81 0.78 0.77 0.86 0.86 0.85 0.84 0.93 0.92 0.89 0.89 0.97 0.92 0.89 0.88

Based on: 10-Q (filing date: 2020-12-16), 10-K (filing date: 2020-10-07), 10-Q (filing date: 2020-06-04), 10-Q (filing date: 2020-03-12), 10-Q (filing date: 2019-12-23), 10-K (filing date: 2019-10-11), 10-Q (filing date: 2019-06-06), 10-Q (filing date: 2019-03-13), 10-Q (filing date: 2018-12-20), 10-K (filing date: 2018-10-26), 10-Q (filing date: 2018-06-07), 10-Q (filing date: 2018-03-15), 10-Q (filing date: 2017-12-21), 10-K (filing date: 2017-10-18), 10-Q (filing date: 2017-06-01), 10-Q (filing date: 2017-03-09), 10-Q (filing date: 2016-12-16), 10-K (filing date: 2016-10-12), 10-Q (filing date: 2016-06-01), 10-Q (filing date: 2016-03-09), 10-Q (filing date: 2015-12-18), 10-K (filing date: 2015-10-14), 10-Q (filing date: 2015-06-04), 10-Q (filing date: 2015-03-11), 10-Q (filing date: 2014-12-18).

1 Q1 2021 Calculation
Current ratio = Current assets ÷ Current liabilities
= 32,096 ÷ 32,667 = 0.98

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. Costco Wholesale Corp.’s current ratio improved from Q3 2020 to Q4 2020 but then deteriorated significantly from Q4 2020 to Q1 2021.

Quick Ratio

Costco Wholesale Corp., quick ratio calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Nov 22, 2020 Aug 30, 2020 May 10, 2020 Feb 16, 2020 Nov 24, 2019 Sep 1, 2019 May 12, 2019 Feb 17, 2019 Nov 25, 2018 Sep 2, 2018 May 13, 2018 Feb 18, 2018 Nov 26, 2017 Sep 3, 2017 May 7, 2017 Feb 12, 2017 Nov 20, 2016 Aug 28, 2016 May 8, 2016 Feb 14, 2016 Nov 22, 2015 Aug 30, 2015 May 10, 2015 Feb 15, 2015 Nov 23, 2014
Selected Financial Data (US$ in millions)
Cash and cash equivalents 13,590  12,277  10,826  7,786  9,027  8,384  7,013  6,080  6,778  6,055  5,877  4,781  5,689  4,546  4,538  4,744  4,805  3,379  4,884  3,633  5,054  4,801  5,063  5,866  5,969 
Short-term investments 833  1,028  948  929  993  1,060  1,154  1,042  1,175  1,204  1,167  1,049  1,196  1,233  1,187  1,221  1,311  1,350  1,137  1,222  1,229  1,618  1,742  1,587  1,650 
Receivables, net 1,646  1,550  1,507  1,988  1,711  1,535  1,704  1,995  1,795  1,669  1,593  2,001  1,559  1,432  1,462  1,597  1,498  1,252  1,300  1,453  1,359  1,224  1,195  1,287  1,248 
Total quick assets 16,069  14,855  13,281  10,703  11,731  10,979  9,871  9,117  9,748  8,928  8,637  7,831  8,444  7,211  7,187  7,562  7,614  5,981  7,321  6,308  7,642  7,643  8,000  8,740  8,867 
 
Current liabilities 32,667  24,844  22,779  22,695  26,265  23,237  22,832  22,450  22,473  19,926  19,411  18,913  20,360  17,495  21,394  18,860  19,161  15,575  16,999  15,433  18,293  16,540  16,736  18,249  16,019 
Liquidity Ratio
Quick ratio1 0.49 0.60 0.58 0.47 0.45 0.47 0.43 0.41 0.43 0.45 0.44 0.41 0.41 0.41 0.34 0.40 0.40 0.38 0.43 0.41 0.42 0.46 0.48 0.48 0.55
Benchmarks
Quick Ratio, Competitors2
Amazon.com Inc. 0.67 0.76 0.62 0.63 0.60 0.60 0.58 0.60 0.54 0.53 0.52 0.54 0.52 0.53 0.58 0.59 0.55 0.56 0.56 0.58 0.54 0.59 0.59
Dollar General Corp. 0.55 0.05 0.06 0.06 0.07 0.08 0.09 0.09 0.11 0.09 0.08 0.08 0.08 0.07 0.07 0.07 0.09 0.08 0.09 0.08 0.11 0.29 0.11 0.09 0.09
Home Depot Inc. 0.48 0.23 0.23 0.26 0.21 0.22 0.22 0.31 0.33 0.34 0.36 0.44 0.35 0.32 0.39 0.41 0.35 0.33 0.31 0.40 0.27 0.28 0.31 0.46 0.33
Lowe’s Cos. Inc. 0.34 0.06 0.06 0.13 0.18 0.05 0.12 0.18 0.11 0.06 0.06 0.13 0.14 0.05 0.09 0.16 0.34 0.07 0.11 0.09 0.12 0.06 0.16 0.11 0.07
Target Corp. 0.32 0.18 0.06 0.12 0.09 0.10 0.05 0.08 0.09 0.20 0.18 0.18 0.22 0.20 0.10 0.13 0.34 0.32 0.14 0.24 0.26 0.19 0.05 0.07 0.06
TJX Cos. Inc. 0.96 0.50 0.33 0.39 0.40 0.61 0.52 0.63 0.70 0.70 0.59 0.70 0.75 0.78 0.64 0.58 0.61 0.61 0.51 0.60 0.69 0.76 0.61 0.71 0.69
Walmart Inc. 0.24 0.20 0.17 0.18 0.18 0.18 0.17 0.29 0.15 0.16 0.16 0.16 0.16 0.19 0.15 0.19 0.18 0.22 0.17 0.17 0.19 0.24 0.18 0.18 0.18

Based on: 10-Q (filing date: 2020-12-16), 10-K (filing date: 2020-10-07), 10-Q (filing date: 2020-06-04), 10-Q (filing date: 2020-03-12), 10-Q (filing date: 2019-12-23), 10-K (filing date: 2019-10-11), 10-Q (filing date: 2019-06-06), 10-Q (filing date: 2019-03-13), 10-Q (filing date: 2018-12-20), 10-K (filing date: 2018-10-26), 10-Q (filing date: 2018-06-07), 10-Q (filing date: 2018-03-15), 10-Q (filing date: 2017-12-21), 10-K (filing date: 2017-10-18), 10-Q (filing date: 2017-06-01), 10-Q (filing date: 2017-03-09), 10-Q (filing date: 2016-12-16), 10-K (filing date: 2016-10-12), 10-Q (filing date: 2016-06-01), 10-Q (filing date: 2016-03-09), 10-Q (filing date: 2015-12-18), 10-K (filing date: 2015-10-14), 10-Q (filing date: 2015-06-04), 10-Q (filing date: 2015-03-11), 10-Q (filing date: 2014-12-18).

1 Q1 2021 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 16,069 ÷ 32,667 = 0.49

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. Costco Wholesale Corp.’s quick ratio improved from Q3 2020 to Q4 2020 but then deteriorated significantly from Q4 2020 to Q1 2021.

Cash Ratio

Costco Wholesale Corp., cash ratio calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Nov 22, 2020 Aug 30, 2020 May 10, 2020 Feb 16, 2020 Nov 24, 2019 Sep 1, 2019 May 12, 2019 Feb 17, 2019 Nov 25, 2018 Sep 2, 2018 May 13, 2018 Feb 18, 2018 Nov 26, 2017 Sep 3, 2017 May 7, 2017 Feb 12, 2017 Nov 20, 2016 Aug 28, 2016 May 8, 2016 Feb 14, 2016 Nov 22, 2015 Aug 30, 2015 May 10, 2015 Feb 15, 2015 Nov 23, 2014
Selected Financial Data (US$ in millions)
Cash and cash equivalents 13,590  12,277  10,826  7,786  9,027  8,384  7,013  6,080  6,778  6,055  5,877  4,781  5,689  4,546  4,538  4,744  4,805  3,379  4,884  3,633  5,054  4,801  5,063  5,866  5,969 
Short-term investments 833  1,028  948  929  993  1,060  1,154  1,042  1,175  1,204  1,167  1,049  1,196  1,233  1,187  1,221  1,311  1,350  1,137  1,222  1,229  1,618  1,742  1,587  1,650 
Total cash assets 14,423  13,305  11,774  8,715  10,020  9,444  8,167  7,122  7,953  7,259  7,044  5,830  6,885  5,779  5,725  5,965  6,116  4,729  6,021  4,855  6,283  6,419  6,805  7,453  7,619 
 
Current liabilities 32,667  24,844  22,779  22,695  26,265  23,237  22,832  22,450  22,473  19,926  19,411  18,913  20,360  17,495  21,394  18,860  19,161  15,575  16,999  15,433  18,293  16,540  16,736  18,249  16,019 
Liquidity Ratio
Cash ratio1 0.44 0.54 0.52 0.38 0.38 0.41 0.36 0.32 0.35 0.36 0.36 0.31 0.34 0.33 0.27 0.32 0.32 0.30 0.35 0.31 0.34 0.39 0.41 0.41 0.48
Benchmarks
Cash Ratio, Competitors2
Amazon.com Inc. 0.67 0.76 0.62 0.63 0.60 0.60 0.58 0.60 0.54 0.53 0.52 0.54 0.52 0.53 0.58 0.59 0.55 0.56 0.56 0.58 0.54 0.59 0.59
Dollar General Corp. 0.55 0.05 0.06 0.06 0.07 0.08 0.09 0.09 0.11 0.09 0.08 0.08 0.08 0.07 0.07 0.07 0.09 0.08 0.09 0.08 0.11 0.29 0.11 0.09 0.09
Home Depot Inc. 0.37 0.12 0.11 0.14 0.10 0.11 0.10 0.19 0.20 0.22 0.22 0.31 0.22 0.18 0.25 0.28 0.21 0.18 0.19 0.30 0.17 0.15 0.18 0.33 0.19
Lowe’s Cos. Inc. 0.34 0.06 0.06 0.13 0.18 0.05 0.12 0.18 0.11 0.06 0.06 0.13 0.14 0.05 0.09 0.16 0.34 0.07 0.11 0.09 0.12 0.06 0.16 0.11 0.07
Target Corp. 0.32 0.18 0.06 0.12 0.09 0.10 0.05 0.08 0.09 0.20 0.18 0.18 0.22 0.20 0.10 0.13 0.34 0.32 0.14 0.24 0.26 0.19 0.05 0.07 0.06
TJX Cos. Inc. 0.92 0.45 0.27 0.33 0.34 0.55 0.45 0.56 0.63 0.64 0.53 0.63 0.68 0.73 0.58 0.52 0.55 0.56 0.45 0.54 0.63 0.71 0.55 0.65 0.63
Walmart Inc. 0.18 0.12 0.10 0.12 0.12 0.10 0.11 0.22 0.10 0.09 0.09 0.09 0.09 0.10 0.08 0.11 0.11 0.13 0.10 0.09 0.11 0.14 0.09 0.09 0.09

Based on: 10-Q (filing date: 2020-12-16), 10-K (filing date: 2020-10-07), 10-Q (filing date: 2020-06-04), 10-Q (filing date: 2020-03-12), 10-Q (filing date: 2019-12-23), 10-K (filing date: 2019-10-11), 10-Q (filing date: 2019-06-06), 10-Q (filing date: 2019-03-13), 10-Q (filing date: 2018-12-20), 10-K (filing date: 2018-10-26), 10-Q (filing date: 2018-06-07), 10-Q (filing date: 2018-03-15), 10-Q (filing date: 2017-12-21), 10-K (filing date: 2017-10-18), 10-Q (filing date: 2017-06-01), 10-Q (filing date: 2017-03-09), 10-Q (filing date: 2016-12-16), 10-K (filing date: 2016-10-12), 10-Q (filing date: 2016-06-01), 10-Q (filing date: 2016-03-09), 10-Q (filing date: 2015-12-18), 10-K (filing date: 2015-10-14), 10-Q (filing date: 2015-06-04), 10-Q (filing date: 2015-03-11), 10-Q (filing date: 2014-12-18).

1 Q1 2021 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 14,423 ÷ 32,667 = 0.44

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. Costco Wholesale Corp.’s cash ratio improved from Q3 2020 to Q4 2020 but then deteriorated significantly from Q4 2020 to Q1 2021.