• Applied Materials average quick ratio for 2011-07-31 was 0, a 0% decline from 2011-10-31.
• Applied Materials average quick ratio for 2011-10-31 was 0, a 0% decline from 2012-01-31.
• Applied Materials average quick ratio for 2012-01-31 was 0, a 0% decline from 2012-04-30.

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.