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Advantage Solutions Inc (ADV) |
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Advantage Solutions Inc 's Quick Ratio
ADV's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth
Advantage Solutions Inc 's Cash & cash equivalent grew by 27.35 % in the III Quarter 2024 sequentially, faster than Current Liabilities, this led to improvement in Advantage Solutions Inc 's Quick Ratio to 0.38 a new company high.
Within Professional Services industry 64 other companies have achieved higher Quick Ratio than Advantage Solutions Inc in third quarter 2024. While Quick Ratio total ranking has improved so far during the III Quarter 2024 to 2157, from total ranking in the second quarter 2024 at 2578.
Explain Quick Ratio?
How much Cash & cash equivalents ADVīs has?
What are ADVīs Current Liabilities?
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Select the Comparisons :
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Select the Ratio:
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| ADV Quick Ratio |
(Sep 30 2024)
III. Quarter |
(Jun 30 2024)
II. Quarter |
(Mar 31 2024)
I. Quarter |
(Dec 31 2023)
IV. Quarter |
(Sep 30 2023)
III. Quarter |
| Y / Y Current Liabilities Change |
-19.08 % |
-14.54 % |
-10.18 % |
-9.89 % |
5.47 % |
| Y / Y Cash & cash equivalent Change |
14.44 % |
-6.49 % |
-24.68 % |
4.77 % |
78.09 % |
| Quick Ratio MRQ |
0.38 |
0.3 |
0.24 |
0.23 |
0.27 |
| ADV's Total
Ranking |
# 2157 |
# 2578 |
# 2900 |
# 3259 |
# 3416 |
| Seq. Current Liabilities Change |
0.78 % |
6.71 % |
-11.89 % |
-14.61 % |
6.45 % |
| Seq. Cash & cash equivalent Change |
27.35 % |
37.13 % |
-11.22 % |
-26.19 % |
4.05 % |
| Quick Ratio third quarter 2024 Company Ranking |
| Within: |
No. |
| Professional Services Industry |
# 65 |
| Services Sector |
# 233 |
| Overall Market |
# 2155 |
| Quick Ratio Statistics |
| High |
Average |
Low |
| 0.38 |
0.26 |
0.16 |
| (Sep 30 2024) |
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(Sep 30 2022) |
Cumulative Advantage Solutions Inc 's Quick Ratio
ADV's Quick Ratio for the trailling 12 Months
ADV Quick Ratio |
(Sep 30 2024)
III. Quarter |
(Jun 30 2024)
II. Quarter |
(Mar 31 2024)
I. Quarter |
(Dec 31 2023)
IV. Quarter |
(Sep 30 2023)
III. Quarter |
| Y / Y Current Liabilities TTM Growth |
-19.08 % |
-14.54 % |
-10.18 % |
-9.89 % |
5.47 % |
| Y / Y Cash & cash equivalent TTM Growth |
14.44 % |
-6.49 % |
-24.68 % |
4.77 % |
78.09 % |
| Quick Ratio TTM |
0.29 |
0.26 |
0.26 |
0.27 |
0.26 |
| Total
Ranking TTM |
# 1940
| # 2312
| # 2404
| # 2653
| # 2626
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| Seq. Current Liabilities TTM Growth |
0.78 % |
6.71 % |
-11.89 % |
-14.61 % |
6.45 % |
| Seq. Cash & cash equivalent TTM Growth |
27.35 % |
37.13 % |
-11.22 % |
-26.19 % |
4.05 % |
On the trailing twelve months basis ADV Cash & cash equivalent increased by 14.44 % in III Quarter 2024 year on year, while Current Liabilities rose to $513 millions, this led to increase in in Advantage Solutions Inc 's Quick Ratio to 0.29, above ADV average Quick Ratio. Quick Ratio is the average cumulative value over the last four quarters.
Among companies operating within Professional Services industry 101 other companies have achieved higher Quick Ratio than Advantage Solutions Inc . While Quick Ratio overall ranking has improved so far to 0, from total ranking during the twelve months ending second quarter 2024 at 3454.
Explain Quick Ratio?
How much Cash & cash equivalents ADVīs has?
What are ADVīs Current Liabilities?
| TTM Quick Ratio Company Ranking |
| Within: |
No. |
| Within the Professional Services Industry |
# 102 |
| Services Sector |
# 409 |
| Within the Market |
# 2157 |
| trailing twelve months Quick Ratio Statistics |
| High |
Average |
Low |
| 0.31 |
0.23 |
0.09 |
| (Sep 30 2021) |
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(Dec 31 2020) |
| Companies with similar Quick Ratio in the quarter ending Sep 30 2024, within Professional Services Industry | Quick Ratio | Sep 30 2024 MRQ Cash & cash equivalent | Sep 30 2024 MRQ Current Liabilities | | Remitly Global Inc | 1.00 | $ 324.434 Millions | $ 324.095 Millions | | Fintech Scion Limited | 0.97 | $ 4.015 Millions | $ 4.129 Millions | | Uber Technologies Inc | 0.92 | $ 9,996.000 Millions | $ 10,835.000 Millions | | Piedmont Office Realty Trust Inc | 0.89 | $ 133.624 Millions | $ 150.648 Millions | | Akamai Technologies Inc | 0.86 | $ 1,699.205 Millions | $ 1,983.023 Millions | | Sezzle Inc | 0.83 | $ 80.063 Millions | $ 96.879 Millions | | Emerald Holding Inc | 0.77 | $ 188.900 Millions | $ 246.500 Millions | | Mastercard Incorporated | 0.75 | $ 12,931.000 Millions | $ 17,294.000 Millions | | Acv Auctions Inc | 0.72 | $ 287.752 Millions | $ 400.740 Millions | | I3 Verticals Inc | 0.71 | $ 86.541 Millions | $ 122.197 Millions | | Nutex Health Inc | 0.69 | $ 46.909 Millions | $ 67.559 Millions | | Wns holdings Limited | 0.69 | $ 227.985 Millions | $ 331.857 Millions | | Spar Group Inc | 0.57 | $ 19.652 Millions | $ 34.280 Millions | | Mercadolibre Inc | 0.56 | $ 7,989.000 Millions | $ 14,313.000 Millions | | Rb Global Inc | 0.55 | $ 790.100 Millions | $ 1,449.100 Millions | | Performant Financial Corporation | 0.54 | $ 7.775 Millions | $ 14.368 Millions | | Cross Country Healthcare Inc | 0.54 | $ 64.021 Millions | $ 118.617 Millions | | Paid Inc | 0.54 | $ 1.090 Millions | $ 2.020 Millions | | Fiscalnote Holdings Inc | 0.53 | $ 32.728 Millions | $ 61.886 Millions | | Nv5 Global Inc | 0.53 | $ 73.257 Millions | $ 138.745 Millions | | Sunrise Real Estate Group Inc | 0.52 | $ 43.182 Millions | $ 83.779 Millions | | Barrett Business Services Inc | 0.51 | $ 177.372 Millions | $ 344.879 Millions | | Lyft Inc | 0.50 | $ 1,927.033 Millions | $ 3,848.606 Millions | | Corpay Inc | 0.50 | $ 4,155.011 Millions | $ 8,349.672 Millions | | Wex Inc | 0.49 | $ 4,258.000 Millions | $ 8,718.100 Millions | | Conduent Inc | 0.48 | $ 393.000 Millions | $ 827.000 Millions | | Robert Half Inc | 0.46 | $ 570.466 Millions | $ 1,244.335 Millions | | Insperity Inc | 0.45 | $ 553.000 Millions | $ 1,233.000 Millions | | Trinet Group Inc | 0.44 | $ 1,081.000 Millions | $ 2,440.000 Millions | | Getty Images Holdings Inc | 0.43 | $ 109.873 Millions | $ 255.170 Millions |
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