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Graybar Electric Company Inc   (GRAYB)
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Graybar Electric Inc 's Quick Ratio

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


Graybar Electric Inc 's Cash & cash equivalent grew by 34.52 % in the IV Quarter 2023 sequentially, while Current Liabilities decreased, this led to improvement in Graybar Electric Inc 's Quick Ratio to 0.06, Quick Ratio remained below Graybar Electric Company Inc average.

Within Electric & Wiring Equipment industry 2 other companies have achieved higher Quick Ratio than Graybar Electric Inc in forth quarter 2023. While Quick Ratio total ranking in the forth quarter 2023 has deteriorated compared to the prior quarter from 426 to 2357.

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


GRAYB 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 -5.94 % 5.61 % -7.69 % 6.45 % 14.28 %
Y / Y Cash & cash equivalent Change 42.07 % 32.31 % -26.58 % 293.18 % 43.09 %
Quick Ratio MRQ 0.06 0.04 0.04 0.1 0.04
GRAYB's Total Ranking # 2357 # 426 # 1597 # 2327 # 3131
Seq. Current Liabilities Change -8.23 % 15.76 % -7.96 % -3.82 % 3.04 %
Seq. Cash & cash equivalent Change 34.52 % 26.38 % -66.47 % 149.28 % 25.27 %



Quick Ratio forth quarter 2023 Company Ranking
Within: No.
Electric & Wiring Equipment Industry # 3
Consumer Discretionary Sector # 94
Overall Market # 2357


Quick Ratio Statistics
High Average Low
0.23 0.07 0.03
(Jun 30 2020)   (Mar 31 2022)




Financial Statements
Graybar Electric Inc 's Current Liabilities $ 1,671 Millions Visit GRAYB's Balance sheet
Graybar Electric Inc 's Cash & cash equivalent $ 99 Millions Visit GRAYB's Balance sheet
Source of GRAYB's Sales Visit GRAYB's Sales by Geography


Cumulative Graybar Electric Inc 's Quick Ratio

GRAYB's Quick Ratio for the trailling 12 Months

GRAYB 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 -5.94 % 5.61 % -7.69 % 6.45 % 14.28 %
Y / Y Cash & cash equivalent TTM Growth 42.07 % 32.31 % -26.58 % 293.18 % 43.09 %
Quick Ratio TTM 0.06 0.05 0.05 0.05 0.04
Total Ranking TTM # 2148 # 3446 # 3655 # 3859 # 4616
Seq. Current Liabilities TTM Growth -8.23 % 15.76 % -7.96 % -3.82 % 3.04 %
Seq. Cash & cash equivalent TTM Growth 34.52 % 26.38 % -66.47 % 149.28 % 25.27 %


On the trailing twelve months basis GRAYB Cash & cash equivalent soared by 42.07 % in IV Quarter 2023 year on year, while Current Liabilities decreased to $1,671 millions, this led to increase in in Graybar Electric Inc 's Quick Ratio to 0.06, Quick Ratio remained below GRAYB average.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Electric & Wiring Equipment industry 5 other companies have achieved higher Quick Ratio than Graybar Electric Inc . While Quick Ratio overall ranking has improved so far to 1939, from total ranking during the twelve months ending third quarter 2023 at 3475.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Electric & Wiring Equipment Industry # 6
Consumer Discretionary Sector # 112
Within the Market # 2357


trailing twelve months Quick Ratio Statistics
High Average Low
0.15 0.07 0.03
(Dec 31 2020)   (Sep 30 2022)




Companies with similar Quick Ratio in the quarter ending Dec 31 2023, within Electric & Wiring Equipment Industry Quick RatioDec 31 2023 MRQ Cash & cash equivalentDec 31 2023 MRQ Current Liabilities
Graybar Electric Company Inc   0.06 $ 98.600  Millions$ 1,671.400  Millions
Lsi Industries Inc   0.04 $ 2.660  Millions$ 65.554  Millions

Date modified: 2024-03-15T07:08:59+00:00



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