Analysis of Liquidity Ratios
Quarterly Data
Liquidity ratios measure the company ability to meet its short-term obligations.
Liquidity Ratios (Summary)
lululemon athletica inc., liquidity ratios (quarterly data)
Based on: 10-K (reporting date: 2024-01-28), 10-Q (reporting date: 2023-10-29), 10-Q (reporting date: 2023-07-30), 10-Q (reporting date: 2023-04-30), 10-K (reporting date: 2023-01-29), 10-Q (reporting date: 2022-10-30), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-05-01), 10-K (reporting date: 2022-01-30), 10-Q (reporting date: 2021-10-31), 10-Q (reporting date: 2021-08-01), 10-Q (reporting date: 2021-05-02), 10-K (reporting date: 2021-01-31), 10-Q (reporting date: 2020-11-01), 10-Q (reporting date: 2020-08-02), 10-Q (reporting date: 2020-05-03), 10-K (reporting date: 2020-02-02), 10-Q (reporting date: 2019-11-03), 10-Q (reporting date: 2019-08-04), 10-Q (reporting date: 2019-05-05), 10-K (reporting date: 2019-02-03), 10-Q (reporting date: 2018-10-28), 10-Q (reporting date: 2018-07-29), 10-Q (reporting date: 2018-04-29).
| Liquidity ratio | Description | The company |
|---|---|---|
| Current ratio | A liquidity ratio calculated as current assets divided by current liabilities. | lululemon athletica inc. current ratio deteriorated from Q2 2024 to Q3 2024 but then improved from Q3 2024 to Q4 2024 exceeding Q2 2024 level. |
| 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 Q2 2024 to Q3 2024 but then improved from Q3 2024 to Q4 2024 exceeding Q2 2024 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 Q2 2024 to Q3 2024 but then improved from Q3 2024 to Q4 2024 exceeding Q2 2024 level. |
Current Ratio
lululemon athletica inc., current ratio calculation (quarterly data)
| Jan 28, 2024 | Oct 29, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 29, 2023 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | Jan 30, 2022 | Oct 31, 2021 | Aug 1, 2021 | May 2, 2021 | Jan 31, 2021 | Nov 1, 2020 | Aug 2, 2020 | May 3, 2020 | Feb 2, 2020 | Nov 3, 2019 | Aug 4, 2019 | May 5, 2019 | Feb 3, 2019 | Oct 28, 2018 | Jul 29, 2018 | Apr 29, 2018 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||||||||||||||||||||||||||
| Current assets | 4,060,577) | 3,364,899) | 3,323,933) | 3,053,302) | 3,159,453) | 2,634,181) | 2,387,094) | 2,303,240) | 2,614,853) | 2,311,294) | 2,275,307) | 2,253,452) | 2,124,379) | 1,600,813) | 1,489,755) | 1,694,545) | 1,807,938) | 1,451,676) | 1,333,013) | 1,171,584) | 1,429,282) | 1,363,467) | 1,308,037) | 1,452,855) | |||||||
| Current liabilities | 1,631,261) | 1,448,114) | 1,386,370) | 1,256,771) | 1,492,198) | 1,322,835) | 1,207,210) | 1,206,891) | 1,405,334) | 1,118,020) | 981,354) | 964,814) | 883,178) | 730,878) | 763,309) | 631,496) | 620,418) | 574,769) | 552,609) | 502,942) | 500,477) | 443,671) | 449,161) | 267,341) | |||||||
| Liquidity Ratio | |||||||||||||||||||||||||||||||
| Current ratio1 | 2.49 | 2.32 | 2.40 | 2.43 | 2.12 | 1.99 | 1.98 | 1.91 | 1.86 | 2.07 | 2.32 | 2.34 | 2.41 | 2.19 | 1.95 | 2.68 | 2.91 | 2.53 | 2.41 | 2.33 | 2.86 | 3.07 | 2.91 | 5.43 | |||||||
| Benchmarks | |||||||||||||||||||||||||||||||
| Current Ratio, Competitors2 | |||||||||||||||||||||||||||||||
| Nike Inc. | — | 2.74 | 2.74 | 2.87 | 2.72 | 2.73 | 2.69 | 2.64 | 2.63 | 3.06 | 3.07 | 3.19 | 2.72 | 2.78 | 2.66 | 2.55 | 2.48 | 1.90 | 1.98 | 2.01 | 2.10 | 2.17 | 2.14 | 2.31 | |||||||
Based on: 10-K (reporting date: 2024-01-28), 10-Q (reporting date: 2023-10-29), 10-Q (reporting date: 2023-07-30), 10-Q (reporting date: 2023-04-30), 10-K (reporting date: 2023-01-29), 10-Q (reporting date: 2022-10-30), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-05-01), 10-K (reporting date: 2022-01-30), 10-Q (reporting date: 2021-10-31), 10-Q (reporting date: 2021-08-01), 10-Q (reporting date: 2021-05-02), 10-K (reporting date: 2021-01-31), 10-Q (reporting date: 2020-11-01), 10-Q (reporting date: 2020-08-02), 10-Q (reporting date: 2020-05-03), 10-K (reporting date: 2020-02-02), 10-Q (reporting date: 2019-11-03), 10-Q (reporting date: 2019-08-04), 10-Q (reporting date: 2019-05-05), 10-K (reporting date: 2019-02-03), 10-Q (reporting date: 2018-10-28), 10-Q (reporting date: 2018-07-29), 10-Q (reporting date: 2018-04-29).
1 Q4 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 deteriorated from Q2 2024 to Q3 2024 but then improved from Q3 2024 to Q4 2024 exceeding Q2 2024 level. |
Quick Ratio
lululemon athletica inc., quick ratio calculation (quarterly data)
| Jan 28, 2024 | Oct 29, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 29, 2023 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | Jan 30, 2022 | Oct 31, 2021 | Aug 1, 2021 | May 2, 2021 | Jan 31, 2021 | Nov 1, 2020 | Aug 2, 2020 | May 3, 2020 | Feb 2, 2020 | Nov 3, 2019 | Aug 4, 2019 | May 5, 2019 | Feb 3, 2019 | Oct 28, 2018 | Jul 29, 2018 | Apr 29, 2018 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||||||||||||||||||||||||||
| Cash and cash equivalents | 2,243,971) | 1,091,138) | 1,107,530) | 950,607) | 1,154,867) | 352,624) | 498,831) | 649,016) | 1,259,871) | 993,591) | 1,170,041) | 1,179,739) | 1,150,517) | 481,581) | 522,998) | 823,006) | 1,093,505) | 586,153) | 623,738) | 576,241) | 881,320) | 703,607) | 777,841) | 966,571) | |||||||
| Accounts receivable, net | 124,769) | 107,004) | 106,221) | 107,468) | 132,906) | 96,179) | 81,784) | 78,391) | 77,001) | 75,343) | 56,150) | 56,956) | 62,399) | 59,772) | 48,922) | 48,684) | 40,219) | 35,744) | 27,659) | 20,105) | 35,786) | 29,448) | 23,535) | 21,875) | |||||||
| Total quick assets | 2,368,740) | 1,198,142) | 1,213,751) | 1,058,075) | 1,287,773) | 448,803) | 580,615) | 727,407) | 1,336,872) | 1,068,934) | 1,226,191) | 1,236,695) | 1,212,916) | 541,353) | 571,920) | 871,690) | 1,133,724) | 621,897) | 651,397) | 596,346) | 917,106) | 733,055) | 801,376) | 988,446) | |||||||
| Current liabilities | 1,631,261) | 1,448,114) | 1,386,370) | 1,256,771) | 1,492,198) | 1,322,835) | 1,207,210) | 1,206,891) | 1,405,334) | 1,118,020) | 981,354) | 964,814) | 883,178) | 730,878) | 763,309) | 631,496) | 620,418) | 574,769) | 552,609) | 502,942) | 500,477) | 443,671) | 449,161) | 267,341) | |||||||
| Liquidity Ratio | |||||||||||||||||||||||||||||||
| Quick ratio1 | 1.45 | 0.83 | 0.88 | 0.84 | 0.86 | 0.34 | 0.48 | 0.60 | 0.95 | 0.96 | 1.25 | 1.28 | 1.37 | 0.74 | 0.75 | 1.38 | 1.83 | 1.08 | 1.18 | 1.19 | 1.83 | 1.65 | 1.78 | 3.70 | |||||||
| Benchmarks | |||||||||||||||||||||||||||||||
| Quick Ratio, Competitors2 | |||||||||||||||||||||||||||||||
| Nike Inc. | — | 1.67 | 1.63 | 1.60 | 1.60 | 1.60 | 1.57 | 1.54 | 1.65 | 1.96 | 2.13 | 2.18 | 1.85 | 1.82 | 1.75 | 1.54 | 1.39 | 0.92 | 1.00 | 1.03 | 1.14 | 1.18 | 1.15 | 1.28 | |||||||
Based on: 10-K (reporting date: 2024-01-28), 10-Q (reporting date: 2023-10-29), 10-Q (reporting date: 2023-07-30), 10-Q (reporting date: 2023-04-30), 10-K (reporting date: 2023-01-29), 10-Q (reporting date: 2022-10-30), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-05-01), 10-K (reporting date: 2022-01-30), 10-Q (reporting date: 2021-10-31), 10-Q (reporting date: 2021-08-01), 10-Q (reporting date: 2021-05-02), 10-K (reporting date: 2021-01-31), 10-Q (reporting date: 2020-11-01), 10-Q (reporting date: 2020-08-02), 10-Q (reporting date: 2020-05-03), 10-K (reporting date: 2020-02-02), 10-Q (reporting date: 2019-11-03), 10-Q (reporting date: 2019-08-04), 10-Q (reporting date: 2019-05-05), 10-K (reporting date: 2019-02-03), 10-Q (reporting date: 2018-10-28), 10-Q (reporting date: 2018-07-29), 10-Q (reporting date: 2018-04-29).
1 Q4 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 Q2 2024 to Q3 2024 but then improved from Q3 2024 to Q4 2024 exceeding Q2 2024 level. |
Cash Ratio
lululemon athletica inc., cash ratio calculation (quarterly data)
| Jan 28, 2024 | Oct 29, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 29, 2023 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | Jan 30, 2022 | Oct 31, 2021 | Aug 1, 2021 | May 2, 2021 | Jan 31, 2021 | Nov 1, 2020 | Aug 2, 2020 | May 3, 2020 | Feb 2, 2020 | Nov 3, 2019 | Aug 4, 2019 | May 5, 2019 | Feb 3, 2019 | Oct 28, 2018 | Jul 29, 2018 | Apr 29, 2018 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||||||||||||||||||||||||||
| Cash and cash equivalents | 2,243,971) | 1,091,138) | 1,107,530) | 950,607) | 1,154,867) | 352,624) | 498,831) | 649,016) | 1,259,871) | 993,591) | 1,170,041) | 1,179,739) | 1,150,517) | 481,581) | 522,998) | 823,006) | 1,093,505) | 586,153) | 623,738) | 576,241) | 881,320) | 703,607) | 777,841) | 966,571) | |||||||
| Total cash assets | 2,243,971) | 1,091,138) | 1,107,530) | 950,607) | 1,154,867) | 352,624) | 498,831) | 649,016) | 1,259,871) | 993,591) | 1,170,041) | 1,179,739) | 1,150,517) | 481,581) | 522,998) | 823,006) | 1,093,505) | 586,153) | 623,738) | 576,241) | 881,320) | 703,607) | 777,841) | 966,571) | |||||||
| Current liabilities | 1,631,261) | 1,448,114) | 1,386,370) | 1,256,771) | 1,492,198) | 1,322,835) | 1,207,210) | 1,206,891) | 1,405,334) | 1,118,020) | 981,354) | 964,814) | 883,178) | 730,878) | 763,309) | 631,496) | 620,418) | 574,769) | 552,609) | 502,942) | 500,477) | 443,671) | 449,161) | 267,341) | |||||||
| Liquidity Ratio | |||||||||||||||||||||||||||||||
| Cash ratio1 | 1.38 | 0.75 | 0.80 | 0.76 | 0.77 | 0.27 | 0.41 | 0.54 | 0.90 | 0.89 | 1.19 | 1.22 | 1.30 | 0.66 | 0.69 | 1.30 | 1.76 | 1.02 | 1.13 | 1.15 | 1.76 | 1.59 | 1.73 | 3.62 | |||||||
| Benchmarks | |||||||||||||||||||||||||||||||
| Cash Ratio, Competitors2 | |||||||||||||||||||||||||||||||
| Nike Inc. | — | 1.17 | 1.10 | 1.04 | 1.15 | 1.13 | 1.04 | 1.09 | 1.21 | 1.53 | 1.71 | 1.66 | 1.39 | 1.41 | 1.33 | 1.10 | 1.06 | 0.38 | 0.42 | 0.45 | 0.59 | 0.56 | 0.56 | 0.64 | |||||||
Based on: 10-K (reporting date: 2024-01-28), 10-Q (reporting date: 2023-10-29), 10-Q (reporting date: 2023-07-30), 10-Q (reporting date: 2023-04-30), 10-K (reporting date: 2023-01-29), 10-Q (reporting date: 2022-10-30), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-05-01), 10-K (reporting date: 2022-01-30), 10-Q (reporting date: 2021-10-31), 10-Q (reporting date: 2021-08-01), 10-Q (reporting date: 2021-05-02), 10-K (reporting date: 2021-01-31), 10-Q (reporting date: 2020-11-01), 10-Q (reporting date: 2020-08-02), 10-Q (reporting date: 2020-05-03), 10-K (reporting date: 2020-02-02), 10-Q (reporting date: 2019-11-03), 10-Q (reporting date: 2019-08-04), 10-Q (reporting date: 2019-05-05), 10-K (reporting date: 2019-02-03), 10-Q (reporting date: 2018-10-28), 10-Q (reporting date: 2018-07-29), 10-Q (reporting date: 2018-04-29).
1 Q4 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 Q2 2024 to Q3 2024 but then improved from Q3 2024 to Q4 2024 exceeding Q2 2024 level. |