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Best Buy Co Inc   (BBY)
Other Ticker:  
 
    Sector  Retail    Industry Wholesale
   Industry Wholesale
   Sector  Retail

Best Buy Co Inc 's Quick Ratio

BBY's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


Best Buy Co Inc 's Cash & cash equivalent grew by 127.52 % in the IV Quarter 2023 sequentially, while Current Liabilities decreased, this led to improvement in Best Buy Co Inc 's Quick Ratio to 0.18, Quick Ratio remained below Best Buy Co Inc average.

Within Wholesale industry 6 other companies have achieved higher Quick Ratio than Best Buy Co Inc in forth quarter 2023. While Quick Ratio total ranking has improved so far during the IV Quarter 2023 to 1933, from total ranking in the third quarter 2023 at 3921.

Explain Quick Ratio?
How much Cash & cash equivalents BBY´s has?
What are BBY´s Current Liabilities?


BBY Quick Ratio (Feb 03 2024)
IV. Quarter
(Oct 28 2023)
III. Quarter
(Jul 29 2023)
II. Quarter
(Apr 29 2023)
I. Quarter
(Jan 28 2023)
IV. Quarter
Y / Y Current Liabilities Change -11.92 % -1.57 % -2.51 % -8.42 % -15.88 %
Y / Y Cash & cash equivalent Change -22.79 % -31.76 % 30.12 % 60.94 % -36.17 %
Quick Ratio MRQ 0.18 0.06 0.13 0.13 0.21
BBY's Total Ranking # 1933 # 3921 # 3427 # 3833 # 3919
Seq. Current Liabilities Change -20.99 % 18.7 % 6.64 % -11.93 % -11.71 %
Seq. Cash & cash equivalent Change 127.52 % -41.81 % 6.12 % -45.04 % 101.07 %



Quick Ratio forth quarter 2023 Company Ranking
Within: No.
Wholesale Industry # 7
Retail Sector # 41
Overall Market # 1933


Quick Ratio Statistics
High Average Low
0.67 0.3 0.03
(Feb. 27, 2005)   (Nov. 30. 2012)




Financial Statements
Best Buy Co Inc 's Current Liabilities $ 7,909 Millions Visit BBY's Balance sheet
Best Buy Co Inc 's Cash & cash equivalent $ 1,447 Millions Visit BBY's Balance sheet
Source of BBY's Sales Visit BBY's Sales by Geography


Cumulative Best Buy Co Inc 's Quick Ratio

BBY's Quick Ratio for the trailling 12 Months

BBY Quick Ratio

(Feb 03 2024)
IV. Quarter
(Oct 28 2023)
III. Quarter
(Jul 29 2023)
II. Quarter
(Apr 29 2023)
I. Quarter
(Jan 28 2023)
IV. Quarter
Y / Y Current Liabilities TTM Growth -11.92 % -1.57 % -2.51 % -8.42 % -15.88 %
Y / Y Cash & cash equivalent TTM Growth -22.79 % -31.76 % 30.12 % 60.94 % -36.17 %
Quick Ratio TTM 0.12 0.13 0.14 0.13 0.12
Total Ranking TTM # 2127 # 3550 # 4001 # 4177 # 4560
Seq. Current Liabilities TTM Growth -20.99 % 18.7 % 6.64 % -11.93 % -11.71 %
Seq. Cash & cash equivalent TTM Growth 127.52 % -41.81 % 6.12 % -45.04 % 101.07 %


On the trailing twelve months basis In spite of the year on year decrease in BBY's Current Liabilities to $7,909.00 millions, cumulative Quick Ratio to 0.12 below the BBY average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Wholesale industry 13 other companies have achieved higher Quick Ratio than Best Buy Co Inc . While Quick Ratio overall ranking has improved so far to 2127, from total ranking during the twelve months ending third quarter 2023 at 3550.

Explain Quick Ratio?
How much Cash & cash equivalents BBY´s has?
What are BBY´s Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Wholesale Industry # 14
Retail Sector # 83
Within the Market # 2127


trailing twelve months Quick Ratio Statistics
High Average Low
0.55 0.27 0.05
(Nov. 30. 2005)   (May 31. 2009)




Companies with similar Quick Ratio in the quarter ending Feb 03 2024, within Wholesale Industry Quick RatioFeb 03 2024 MRQ Cash & cash equivalentFeb 03 2024 MRQ Current Liabilities
Costco Wholesale Corp  0.49 $ 17,864.000  Millions$ 36,768.000  Millions
Resideo Technologies Inc   0.42 $ 636.000  Millions$ 1,525.000  Millions
Pricesmart Inc   0.38 $ 265.323  Millions$ 705.197  Millions
W w Grainger Inc   0.36 $ 660.000  Millions$ 1,831.000  Millions
Dollar Tree Inc   0.22 $ 684.900  Millions$ 3,183.700  Millions
Target Corporation  0.20 $ 3,805.000  Millions$ 19,304.000  Millions
Best Buy Co Inc   0.18 $ 1,447.000  Millions$ 7,909.000  Millions
Sysco Corporation  0.12 $ 962.165  Millions$ 8,135.073  Millions
Walmart Inc   0.11 $ 9,867.000  Millions$ 90,203.000  Millions
Sino Green Land Corp   0.11 $ 0.411  Millions$ 3.798  Millions
Hf Foods Group Inc   0.11 $ 15.232  Millions$ 143.264  Millions
Dollar General Corporation  0.10 $ 537.283  Millions$ 5,338.618  Millions
Us Foods Holding Corp   0.09 $ 269.000  Millions$ 3,112.000  Millions

Date modified: 2024-03-18T22:04:45+00:00



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