• Smiths Group average quick ratio for 2016-01-31 was 0, a 0% decline from 2016-07-31.
• Smiths Group average quick ratio for 2016-07-31 was 0, a 0% decline from 2017-07-31.
• Smiths Group average quick ratio for 2017-07-31 was 0, a 0% decline from 2018-01-31.

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.