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Quaker Chemical Corporation  (KWR)
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Quaker Chemical's Working Capital Ratio

KWR's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth


In the wake of the increase in Current Liabilities in the third quarter 2023, Working Capital Ratio fell to 2.74 above Quaker Chemical Corporation average.

Within Chemical Manufacturing industry 10 other companies have achieved higher Working Capital Ratio than Quaker Chemical in third quarter 2023. While Working Capital Ratio total ranking has improved so far during the III Quarter 2023 to 499, from total ranking in the second quarter 2023 at 2441.

Explain Working Capital Ratio
How much in Current Assets KWR´s has?
What is the value of KWR´s Current Liabilities?


KWR Working Capital Ratio (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Current Liabilities Change -3.73 % -13.52 % -18.37 % -17.58 % -10.79 %
Y / Y Current Assets Change -1.87 % -5.91 % 4.22 % 8.03 % 10.24 %
Working Capital Ratio MRQ 2.74 2.84 2.79 2.8 2.69
KWR's Total Ranking # 499 # 2441 # 658 # 0 # 1703
Seq. Current Liabilities Change 1.61 % -6.19 % 4.12 % -2.99 % -8.73 %
Seq. Current Assets Change -1.8 % -4.4 % 3.54 % 0.96 % -5.84 %



Working Capital Ratio third quarter 2023 Company Ranking
Within: No.
Chemical Manufacturing Industry # 11
Basic Materials Sector # 48
Overall Market # 499


Working Capital Ratio Statistics
High Average Low
3.31 2.66 1.99
(Mar 31 2016)   (Dec 31 2019)




Financial Statements
Quaker Chemical's Current Liabilities $ 352 Millions Visit KWR's Balance sheet
Quaker Chemical's Current Assets $ 966 Millions Visit KWR's Balance sheet
Source of KWR's Sales Visit KWR's Sales by Geography


Cumulative Quaker Chemical's Working Capital Ratio

KWR's Working Capital Ratio for the trailling 12 Months

KWR Working Capital Ratio

(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Current Liabilities TTM Growth -3.73 % -13.52 % -18.37 % -17.58 % -10.79 %
Y / Y Current Assets TTM Growth -1.87 % -5.91 % 4.22 % 8.03 % 10.24 %
Working Capital Ratio TTM 2.79 2.78 2.72 2.55 2.39
Total Ranking TTM # 355 # 199 # 1566 # 0 # 1630
Seq. Current Liabilities TTM Growth 1.61 % -6.19 % 4.12 % -2.99 % -8.73 %
Seq. Current Assets TTM Growth -1.8 % -4.4 % 3.54 % 0.96 % -5.84 %


On the trailing twelve months basis Current Liabilities decreased faster than Quaker Chemical's average Current Assets, this led to increase in in Quaker Chemical's Working Capital Ratio to 2.79, above KWR average Working Capital Ratio.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Chemical Manufacturing industry 10 other companies have achieved higher Working Capital Ratio than Quaker Chemical. While Working Capital Ratio total ranking has deteriorated compared to the previous twelve months ending in the second quarter 2023 from 199 to 355.

Explain Working Capital Ratio
How much in Current Assets KWR´s has?
What is the value of KWR´s Current Liabilities?

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Chemical Manufacturing Industry # 11
Basic Materials Sector # 41
Within the Market # 355


trailing twelve months Working Capital Ratio Statistics
High Average Low
3.14 2.65 2.14
(Sep. 30, 2016)   (Sep 30 2021)




Companies with similar Working Capital Ratio in the quarter ending Sep 30 2023, within Chemical Manufacturing Industry Working Capital RatioSep 30 2023 MRQ Current AssetsSep 30 2023 MRQ Current Liabilities
Loop Industries Inc   7.47 $ 25.040  Millions$ 3.354  Millions
Nl Industries inc   6.87 $ 206.115  Millions$ 30.021  Millions
Lanzatech Global Inc   5.26 $ 177.483  Millions$ 33.743  Millions
Tomi Environmental Solutions Inc   4.66 $ 8.957  Millions$ 1.923  Millions
Cardinal Ethanol Llc  4.65 $ 130.399  Millions$ 28.028  Millions
Perimeter Solutions Sa  4.63 $ 294.356  Millions$ 63.537  Millions
Gevo inc   4.27 $ 411.231  Millions$ 96.361  Millions
Sensient Technologies Corp  4.22 $ 945.154  Millions$ 223.817  Millions
Arq Inc   4.15 $ 91.474  Millions$ 22.024  Millions
Kronos Worldwide inc   3.90 $ 999.700  Millions$ 256.200  Millions
Livent Corporation  3.46 $ 478.200  Millions$ 138.300  Millions
Element Solutions Inc  3.45 $ 1,299.500  Millions$ 376.700  Millions
Tronox Holdings Plc  3.42 $ 2,132.000  Millions$ 623.000  Millions
Valhi inc   3.40 $ 1,370.100  Millions$ 403.400  Millions
Ashland Inc   3.30 $ 1,506.000  Millions$ 456.000  Millions
Cn Energy Group Inc   3.22 $ 72.449  Millions$ 22.525  Millions
Newmarket Corporation  3.21 $ 1,065.594  Millions$ 332.204  Millions
Balchem Corp  3.16 $ 341.222  Millions$ 108.038  Millions
Codexis inc   3.14 $ 120.470  Millions$ 38.415  Millions
Flexible Solutions International Inc  3.14 $ 28.249  Millions$ 9.009  Millions
Westlake Chemical Partners Lp  3.06 $ 231.471  Millions$ 75.600  Millions
Xpel Inc   2.97 $ 138.038  Millions$ 46.545  Millions
Csw Industrials Inc   2.83 $ 318.647  Millions$ 112.702  Millions
Wd 40 Company  2.80 $ 248.525  Millions$ 88.842  Millions
Red Trail Energy Llc  2.76 $ 31.730  Millions$ 11.483  Millions
Quaker Chemical Corporation  2.74 $ 966.311  Millions$ 352.107  Millions
Biolargo Inc   2.70 $ 4.691  Millions$ 1.740  Millions
Comstock Inc   2.64 $ 30.738  Millions$ 11.663  Millions
Valvoline Inc   2.59 $ 936.700  Millions$ 362.300  Millions
Pure Bioscience Inc   2.56 $ 2.066  Millions$ 0.806  Millions

Date modified: 2023-11-03T17:25:29+00:00



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