Company XYZ's has $6.31m in cash, $13.20m in account receivable, $22.11m in inventories. The company also has 5.10m in short-term loans, $13.18m in accounts payable and 5.16m in accruals and miscellaneous short-term liabilities.

What's the company's quick ratio?

Note: use decimal to express the ratio, i.e. input 0.50 instead of 50.00%.