• NVIDIA average quick ratio for 2023 was 2.74, a 34.13% increase from 2022.
• NVIDIA average quick ratio for 2022 was 4.16, a 14.75% decline from 2021.
• NVIDIA average quick ratio for 2021 was 4.88, a 24.57% decline from 2020.

Quick ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated by subtracting inventory from current assets and dividing by current liabilities.