CSIMarket
 


Avidxchange Holdings Inc   (AVDX)
Other Ticker:  
 
    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology

Avidxchange Holdings Inc 's Working Capital Ratio

AVDX's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth




AVDX Working Capital Ratio (Sep 30 2022)
III. Quarter
(Jun 30 2022)
II. Quarter
(Mar 31 2022)
I. Quarter
(Dec 31 2021)
IV. Quarter
(Sep 30 2021)
III. Quarter
Y / Y Current Liabilities Change 13.55 % 2748.21 % 2896.03 % 3184.1 % 1984.15 %
Y / Y Current Assets Change 39.5 % 2567873.27 % 4907939.88 % 693301.09 % 1591238.48 %
Working Capital Ratio MRQ 15.1 18.52 18.41 21.05 12.29
Overall Ranking # # # # #
Seq. Current Liabilities Change 15.27 % 4.8 % -6.68 % 0.73 % 2791.25 %
Seq. Current Assets Change -6.06 % 5.42 % -18.38 % 72.59 % 1729184.48 %



Working Capital Ratio third quarter 2022 Comment
Due to increase in Current Liabilities in the third quarter 2022, Working Capital Ratio fell to 15.1 above Avidxchange Holdings Inc average.

Within Software & Programming industry Avidxchange Holdings Inc booked the highest Working Capital Ratio than Avidxchange Holdings Inc in the third quarter 2022. While total ranking remained unchanged compare to previous quarter at no. .

Explain Working Capital Ratio
Where is AVDX most successful ?
Working Capital Ratio AVDX on the trailing twelve month basis
Working Capital Ratio third quarter 2022 Company Ranking
Within: No.
Software & Programming Industry #
Technology Sector #
Overall Market #


Working Capital Ratio Statistics
High Average Low
0 0 0
 




Financial Statements
Avidxchange Holdings Inc 's Current Liabilities $ 99 Millions Visit AVDX's Balance sheet
Avidxchange Holdings Inc 's Current Assets $ 1,502 Millions Visit AVDX's Balance sheet
Source of AVDX's Sales Visit AVDX's Sales by Geography


Cumulative Avidxchange Holdings Inc 's Working Capital Ratio

AVDX's Working Capital Ratio for the trailling 12 Months

AVDX Working Capital Ratio

(Sep 30 2022)
III. Quarter
(Jun 30 2022)
II. Quarter
(Mar 31 2022)
I. Quarter
(Dec 31 2021)
IV. Quarter
(Sep 30 2021)
III. Quarter
Y / Y Current Liabilities TTM Growth 13.55 % 2748.21 % 2896.03 % 3184.1 % 1984.15 %
Y / Y Current Assets TTM Growth 39.5 % 2567873.27 % 4907939.88 % 693301.09 % 1591238.48 %
Working Capital Ratio TTM 18.17 17.56 17.04 16.16 11.21
Total Ranking TTM # 1311 # 3316 # 1246 # 3605 # 2632
Seq. Current Liabilities TTM Growth 15.27 % 4.8 % -6.68 % 0.73 % 2791.25 %
Seq. Current Assets TTM Growth -6.06 % 5.42 % -18.38 % 72.59 % 1729184.48 %


TTM Working Capital Ratio Comment
On the trailing twelve months basis AVDX Current Assets average grew by 39.5 % in III. Quarter year on year, faster than Current Liabilities, this led to increase in in Avidxchange Holdings Inc 's Working Capital Ratio to 18.17, Working Capital Ratio remained below AVDX average.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operatig within Software & Programming industry 57 other companies have achieved higher Working Capital Ratio than Avidxchange Holdings Inc . While overall ranking remained unchanged compare to previous quarter at no. 1311.

Explain Working Capital Ratio
Where is AVDX most successful ?
Working Capital Ratio AVDX on the trailing twelve month basis

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Software & Programming Industry # 58
Technology Sector # 198
Within the Market # 1311


TTM Working Capital Ratio Statistics
High Average Low
1.44 1.31 1.11
(Sep 30 2022)   (Sep 30 2021)




Companies with similar Working Capital Ratio in the quarter ending Sep 30 2022, within Software & Programming Industry Working Capital RatioSep 30 2022 MRQ Current AssetsSep 30 2022 MRQ Current Liabilities
Avidxchange Holdings Inc   15.10 $ 1,501.599  Millions$ 99.468  Millions
Forgerock Inc   13.55 $ 420.194  Millions$ 31.017  Millions
Clearwater Analytics Holdings Inc   12.35 $ 373.146  Millions$ 30.209  Millions
Red Violet Inc   11.45 $ 38.595  Millions$ 3.371  Millions
Amesite Inc   11.17 $ 8.311  Millions$ 0.744  Millions
Cs Disco Inc   10.85 $ 241.763  Millions$ 22.279  Millions
Grid Dynamics Holdings Inc   10.09 $ 319.363  Millions$ 31.637  Millions
Playstudios Inc   9.96 $ 236.736  Millions$ 23.762  Millions
Everbridge Inc   9.90 $ 624.308  Millions$ 63.085  Millions
Clear Secure Inc   8.33 $ 706.484  Millions$ 84.855  Millions
Alkami Technology Inc   8.14 $ 255.316  Millions$ 31.365  Millions
Varonis Systems Inc   7.95 $ 916.593  Millions$ 115.239  Millions
Semrush Holdings Inc   7.86 $ 263.018  Millions$ 33.464  Millions
Duck Creek Technologies Inc   7.85 $ 348.078  Millions$ 44.324  Millions
Nerdy Inc   7.36 $ 114.200  Millions$ 15.522  Millions
Marqeta Inc   6.97 $ 1,742.932  Millions$ 250.234  Millions
Engagesmart Inc   6.90 $ 322.740  Millions$ 46.756  Millions
Fastly Inc   6.65 $ 637.180  Millions$ 95.873  Millions
Upland Software Inc   6.18 $ 308.655  Millions$ 49.937  Millions
Destiny Media Technologies Inc   5.96 $ 2.726  Millions$ 0.457  Millions
Bigcommerce Holdings Inc   5.90 $ 375.514  Millions$ 63.637  Millions
Alarm com Holdings Inc   5.82 $ 879.997  Millions$ 151.141  Millions
Activision Blizzard inc   5.76 $ 13,110.000  Millions$ 2,278.000  Millions
Confluent Inc   5.74 $ 2,174.555  Millions$ 378.646  Millions
Twilio Inc   5.74 $ 4,962.272  Millions$ 864.173  Millions
3d Systems Corporation  5.68 $ 865.265  Millions$ 152.373  Millions
Btcs Inc   5.55 $ 5.719  Millions$ 1.030  Millions
Meridianlink inc   5.38 $ 190.328  Millions$ 35.347  Millions
Leafly Holdings Inc   5.37 $ 34.615  Millions$ 6.451  Millions
Cloudflare Inc   5.35 $ 1,815.787  Millions$ 339.287  Millions

Date modified: 2022-11-09T12:42:16+00:00

Economy


Advance Monthly Sales

Consumer Price Index CPI

Producer Price Index PPI

Retail Inventories

Personal Income

Gross Domestic Product GDP

Money Supply

Industrial Production

Productivity

Employment Situation

US International Trade

Factory Orders

Durable Goods

Construction Spending

Housing Starts

Vehicle Unit Sales

Stocks


Event Calendar

PALI's Profile

Stock Price

PALI's Financials

Business Description

Fundamentals

Charts & Quotes

PALI's News

Suppliers

PALI's Competitors

Customers & Markets

Economic Indicators

PALI's Growth

Company Segments

Screening


Stock Performance

Growth Rates

Profitability

Valuation

Dividend

Financial Strength

Efficiency

Largest Companies

Management Effectivness

Industries


At a Glance

Performance

Growth Rates

Profitability

Valuation

Financial Strength

Markets


At a Glance

Stocks

Cryptocurrencies

Sectors & Industries

Commodities

Currencies

News


At a Glance

Stocks

Economy

Industries

Other

Help


Sitemap

Advertise

About us

Glossary


Financial Terms

Technical Analysis

Fundamental Analysis

Energy Terms

Manufacturing Terms

Transportation Terms

Health Care

Insurance Terms

Economy Terms

Hotel & Leisure Terms

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2022 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
CSIMarket.com 1500 N. University Drive, Coral Springs, FL 33071