Analysis of Liquidity Ratios
Liquidity ratios measure the company ability to meet its short-term obligations.
Liquidity Ratios (Summary)
Williams-Sonoma 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. | Williams-Sonoma Inc. current ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. |
| Quick ratio | A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. | Williams-Sonoma 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. | Williams-Sonoma Inc. cash ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. |
Current Ratio
Williams-Sonoma 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 | 2,719,797) | 2,036,080) | 2,323,894) | 2,467,080) | 1,755,635) | 1,694,343) | |
| Current liabilities | 1,880,315) | 1,636,451) | 1,771,686) | 1,848,000) | 1,609,555) | 1,074,812) | |
| Liquidity Ratio | |||||||
| Current ratio1 | 1.45 | 1.24 | 1.31 | 1.34 | 1.09 | 1.58 | |
| Benchmarks | |||||||
| Current Ratio, Competitors2 | |||||||
| Amazon.com Inc. | — | 1.05 | 0.94 | 1.14 | 1.05 | 1.10 | |
| Home Depot Inc. | 1.35 | 1.41 | 1.01 | 1.23 | 1.08 | 1.11 | |
| Lowe’s Cos. Inc. | 1.23 | 1.10 | 1.02 | 1.19 | 1.01 | 0.98 | |
| TJX Cos. Inc. | 1.21 | 1.21 | 1.27 | 1.46 | 1.24 | 1.53 | |
| Current Ratio, Sector | |||||||
| Consumer Discretionary Distribution & Retail | — | 1.10 | 0.98 | 1.17 | 1.06 | 1.10 | |
| Current Ratio, Industry | |||||||
| Consumer Discretionary | — | 1.20 | 1.15 | 1.25 | 1.18 | 1.10 | |
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
= 2,719,797 ÷ 1,880,315 = 1.45
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. | Williams-Sonoma Inc. current ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. |
Quick Ratio
Williams-Sonoma 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 | 1,262,007) | 367,344) | 850,338) | 1,200,337) | 432,162) | 338,954) | |
| Accounts receivable, net | 122,914) | 115,685) | 131,683) | 143,728) | 111,737) | 107,102) | |
| Total quick assets | 1,384,921) | 483,029) | 982,021) | 1,344,065) | 543,899) | 446,056) | |
| Current liabilities | 1,880,315) | 1,636,451) | 1,771,686) | 1,848,000) | 1,609,555) | 1,074,812) | |
| Liquidity Ratio | |||||||
| Quick ratio1 | 0.74 | 0.30 | 0.55 | 0.73 | 0.34 | 0.42 | |
| Benchmarks | |||||||
| Quick Ratio, Competitors2 | |||||||
| Amazon.com Inc. | — | 0.81 | 0.69 | 0.86 | 0.83 | 0.83 | |
| Home Depot Inc. | 0.32 | 0.26 | 0.20 | 0.47 | 0.23 | 0.22 | |
| Lowe’s Cos. Inc. | 0.08 | 0.09 | 0.07 | 0.28 | 0.06 | 0.05 | |
| TJX Cos. Inc. | 0.59 | 0.59 | 0.64 | 1.01 | 0.50 | 0.61 | |
| Quick Ratio, Sector | |||||||
| Consumer Discretionary Distribution & Retail | — | 0.68 | 0.57 | 0.77 | 0.68 | 0.65 | |
| Quick Ratio, Industry | |||||||
| Consumer Discretionary | — | 0.85 | 0.81 | 0.92 | 0.88 | 0.79 | |
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
= 1,384,921 ÷ 1,880,315 = 0.74
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. | Williams-Sonoma Inc. quick ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. |
Cash Ratio
Williams-Sonoma 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 | 1,262,007) | 367,344) | 850,338) | 1,200,337) | 432,162) | 338,954) | |
| Total cash assets | 1,262,007) | 367,344) | 850,338) | 1,200,337) | 432,162) | 338,954) | |
| Current liabilities | 1,880,315) | 1,636,451) | 1,771,686) | 1,848,000) | 1,609,555) | 1,074,812) | |
| Liquidity Ratio | |||||||
| Cash ratio1 | 0.67 | 0.22 | 0.48 | 0.65 | 0.27 | 0.32 | |
| Benchmarks | |||||||
| Cash Ratio, Competitors2 | |||||||
| Amazon.com Inc. | — | 0.53 | 0.45 | 0.68 | 0.67 | 0.63 | |
| Home Depot Inc. | 0.17 | 0.12 | 0.08 | 0.34 | 0.12 | 0.11 | |
| Lowe’s Cos. Inc. | 0.08 | 0.09 | 0.07 | 0.28 | 0.06 | 0.05 | |
| TJX Cos. Inc. | 0.54 | 0.53 | 0.59 | 0.97 | 0.45 | 0.55 | |
| Cash Ratio, Sector | |||||||
| Consumer Discretionary Distribution & Retail | — | 0.44 | 0.37 | 0.61 | 0.54 | 0.49 | |
| Cash Ratio, Industry | |||||||
| Consumer Discretionary | — | 0.57 | 0.55 | 0.71 | 0.69 | 0.57 | |
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
= 1,262,007 ÷ 1,880,315 = 0.67
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. | Williams-Sonoma Inc. cash ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. |