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Dollar Tree Inc. Short-Term Liquidity 2022 2023 Difference Current Ratio 1.35 1.51 0.16 Quick Ratio 0.24 0.15 (0.08) Cash Ratio Cash Conversion Cycle 34.78 45.75

Dollar Tree Inc.
Short-Term Liquidity 2022 2023 Difference
Current Ratio 1.35 1.51 0.16
Quick Ratio 0.24 0.15 (0.08)
Cash Ratio
Cash Conversion Cycle 34.78 45.75 10.97
Days Receivable 0.00 0.00 0.00
Days Inventory 60.92 70.24 9.32
Days Payable 26.14 24.49 (1.65)
Accounts Receivable Turnover - - -
Inventory Turnover 4.72 3.87 (0.85)
Revenue to cash ratio 26.71 8.28 (18.44)

using the ratios, comment whether each ratio made the company less or more liquid and why ?

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