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Lowest Current Ratio in the Distributors Industry Detected in Shares of Genuine Parts Co (GPC, CORE, POOL, LKQ, WEYS)

By James Quinn

Below are the three companies in the Distributors industry with the lowest current ratios. Current ratio is useful to get an idea of how quickly a company can repay its short-term liabilities with its short-term assets. The higher the current ratio, the more capable the company is of paying its obligations.

Genuine Parts Co ranks lowest with a a current ratio of 1.3. Core-Mark Holdin is next with a a current ratio of 2.1. Pool Corp ranks third lowest with a a current ratio of 2.4.

Lkq Corp follows with a a current ratio of 2.9, and Weyco Group rounds out the bottom five with a a current ratio of 5.8.

SmarTrend recommended that its subscribers protect gains by selling shares of Lkq Corp on October 5th, 2018 by issuing a Downtrend alert when the shares were trading at $30.14. Since that call, shares of Lkq Corp have fallen 12.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest current ratio genuine parts co core-mark holdin pool corp lkq corp weyco group