Do liquidity ratios indicate how fast a firm can generate cash to pay bills?

Liquidity ratios measure a company's short-term ability to meet its financial obligations, but they do not directly indicate how fast a firm can generate cash to pay bills. They assess how efficient a company is at using its liquid assets to cover its short-term liabilities. While high liquidity ratios can signal potential short-term liquidity strength, the speed at which a firm can generate cash often depends on various operational and strategic factors and may require an evaluation of cash conversion cycle metrics or an analysis of specific cash flow metrics