CSIMarket
 


Pitney Bowes Inc   (PBI)
Other Ticker:  
 

Pitney Bowes Inc 's Quick Ratio

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


Pitney Bowes Inc 's Cash & cash equivalent grew by 7.56 % in the IV Quarter 2023 sequentially, faster than Current Liabilities, this led to improvement in Pitney Bowes Inc 's Quick Ratio to 0.36, above Pitney Bowes Inc average Quick Ratio.

Within Computer Peripherals & Office Equipment industry 5 other companies have achieved higher Quick Ratio than Pitney Bowes Inc in forth quarter 2023. While Quick Ratio total ranking in the forth quarter 2023 has deteriorated compared to the prior quarter from 849 to 1124.

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


PBI 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 0.15 % 2.62 % 13.98 % 7.88 % -0.01 %
Y / Y Cash & cash equivalent Change -8.51 % -4.49 % -3.7 % -16.81 % -8.81 %
Quick Ratio MRQ 0.36 0.35 0.3 0.29 0.39
PBI's Total Ranking # 1124 # 849 # 1036 # 3418 # 2479
Seq. Current Liabilities Change 5.48 % -11.64 % 3.22 % 4.1 % 8.08 %
Seq. Cash & cash equivalent Change 7.56 % 3.34 % 6.31 % -22.58 % 12.28 %



Quick Ratio forth quarter 2023 Company Ranking
Within: No.
Computer Peripherals & Office Equipment Industry # 6
Technology Sector # 240
Overall Market # 1124


Quick Ratio Statistics
High Average Low
0.77 0.3 0.06
(Sep 30 2017)   (June 30. 2006)




Financial Statements
Pitney Bowes Inc 's Current Liabilities $ 1,730 Millions Visit PBI's Balance sheet
Pitney Bowes Inc 's Cash & cash equivalent $ 623 Millions Visit PBI's Balance sheet
Source of PBI's Sales Visit PBI's Sales by Geography


Cumulative Pitney Bowes Inc 's Quick Ratio

PBI's Quick Ratio for the trailling 12 Months

PBI 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 0.15 % 2.62 % 13.98 % 7.88 % -0.01 %
Y / Y Cash & cash equivalent TTM Growth -8.51 % -4.49 % -3.7 % -16.81 % -8.81 %
Quick Ratio TTM 0.33 0.33 0.34 0.35 0.38
Total Ranking TTM # 908 # 3737 # 4005 # 3793 # 3789
Seq. Current Liabilities TTM Growth 5.48 % -11.64 % 3.22 % 4.1 % 8.08 %
Seq. Cash & cash equivalent TTM Growth 7.56 % 3.34 % 6.31 % -22.58 % 12.28 %


On the trailing twelve months basis In Spite of the rise in Current Liabilities in the IV Quarter 2023 to $1,730.41 millions, cumulative Quick Ratio remained unchanged at 0.33 above the PBI average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Computer Peripherals & Office Equipment industry 4 other companies have achieved higher Quick Ratio than Pitney Bowes Inc . While Quick Ratio overall ranking has improved so far to 908, from total ranking during the twelve months ending third quarter 2023 at 3737.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Computer Peripherals & Office Equipment Industry # 5
Technology Sector # 239
Within the Market # 908


trailing twelve months Quick Ratio Statistics
High Average Low
0.58 0.31 0.08
(Sep 30 2020)   (Sep. 30, 2015)




Companies with similar Quick Ratio in the quarter ending Dec 31 2023, within Computer Peripherals & Office Equipment Industry Quick RatioDec 31 2023 MRQ Cash & cash equivalentDec 31 2023 MRQ Current Liabilities
Par Technology Corporation  0.93 $ 74.563  Millions$ 80.232  Millions
Stratasys Ltd   0.92 $ 162.585  Millions$ 176.426  Millions
Transact Technologies Inc  0.90 $ 12.321  Millions$ 13.636  Millions
Fortinet Inc   0.65 $ 2,419.400  Millions$ 3,719.000  Millions
Cantaloupe Inc   0.54 $ 43.478  Millions$ 79.997  Millions
Diebold Nixdorf Incorporated  0.40 $ 563.600  Millions$ 1,421.000  Millions
Pitney Bowes Inc   0.36 $ 623.219  Millions$ 1,730.409  Millions
Xerox Holdings Corporation  0.27 $ 519.000  Millions$ 1,917.000  Millions
Ncr Voyix Corporation  0.20 $ 262.000  Millions$ 1,333.000  Millions

Date modified: 2024-02-21T14:48:41+00:00



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com