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Fastenal Co  (FAST)
Other Ticker:  
 
    Sector  Retail    Industry Home Improvement
   Industry Home Improvement
   Sector  Retail

Fastenal Co's Quick Ratio

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


Regardless of the sequential decrease in Current Liabilities, during the forth quarter 2023, Quick Ratio deteriorated to 0.39 below Fastenal Co's average Quick Ratio.

Within Home Improvement industry only one company has achieved higher Quick Ratio in forth quarter 2023. While Quick Ratio total ranking in the forth quarter 2023 has deteriorated compared to the prior quarter from 59 to 157.

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


FAST Quick Ratio (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities Change -19.03 % -19.58 % -15.09 % 17.98 % 18.01 %
Y / Y Cash & cash equivalent Change -3.82 % 28.51 % -1.73 % 2.39 % -2.58 %
Quick Ratio MRQ 0.39 0.52 0.38 0.31 0.33
FAST's Total Ranking # 157 # 59 # 55 # 60 # 219
Seq. Current Liabilities Change -1.02 % -11.01 % -16.88 % 10.59 % -1.69 %
Seq. Cash & cash equivalent Change -25.61 % 22.13 % 1.58 % 4.22 % -0.6 %



Quick Ratio forth quarter 2023 Company Ranking
Within: No.
Home Improvement Industry # 2
Retail Sector # 8
Overall Market # 157


Quick Ratio Statistics
High Average Low
1.58 0.56 0.25
(Dec. 31, 2009)   (March 31, 2015)




Financial Statements
Fastenal Co's Current Liabilities $ 565 Millions Visit FAST's Balance sheet
Fastenal Co's Cash & cash equivalent $ 221 Millions Visit FAST's Balance sheet
Source of FAST's Sales Visit FAST's Sales by Geography


Cumulative Fastenal Co's Quick Ratio

FAST's Quick Ratio for the trailling 12 Months

FAST Quick Ratio

(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities TTM Growth -19.03 % -19.58 % -15.09 % 17.98 % 18.01 %
Y / Y Cash & cash equivalent TTM Growth -3.82 % 28.51 % -1.73 % 2.39 % -2.58 %
Quick Ratio TTM 0.39 0.38 0.33 0.32 0.33
Total Ranking TTM # 1404 # 2331 # 2580 # 2807 # 3309
Seq. Current Liabilities TTM Growth -1.02 % -11.01 % -16.88 % 10.59 % -1.69 %
Seq. Cash & cash equivalent TTM Growth -25.61 % 22.13 % 1.58 % 4.22 % -0.6 %


On the trailing twelve months basis Current Liabilities decreased faster than Fastenal Co's average Cash & cash equivalent, this led to increase in in Fastenal Co's Quick Ratio to 0.39, Quick Ratio remained below FAST average.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Home Improvement industry 6 other companies have achieved higher Quick Ratio than Fastenal Co. While Quick Ratio overall ranking has improved so far to 1552, from total ranking during the twelve months ending third quarter 2023 at 1886.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Home Improvement Industry # 7
Retail Sector # 105
Within the Market # 157


trailing twelve months Quick Ratio Statistics
High Average Low
1.48 0.56 0.28
(Dec. 31, 2009)   (March 31, 2015)




Companies with similar Quick Ratio in the quarter ending Dec 31 2023, within Home Improvement Industry Quick RatioDec 31 2023 MRQ Cash & cash equivalentDec 31 2023 MRQ Current Liabilities
Jewett cameron Trading Company Ltd  0.78 $ 3.558  Millions$ 4.549  Millions
Fastenal Co  0.39 $ 221.300  Millions$ 565.100  Millions
Tractor Supply Co  0.18 $ 397.071  Millions$ 2,177.082  Millions
Home Depot Inc   0.17 $ 3,760.000  Millions$ 22,015.000  Millions
Lowes Companies Inc  0.08 $ 1,228.000  Millions$ 15,568.000  Millions

Date modified: 2024-02-07T10:09:21+00:00



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