Avalara Quick Ratio (AVLR) starting from the second quarter 2022 to second quarter 2021, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
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Avalara Inc.  (NYSE: AVLR)
    Sector • Technology    Industry • Software & Programming
   Industry • Software & Programming
   Sector • Technology

Avalara's Quick Ratio

AVLR's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


Current Liabilities decreased faster than Avalara's Cash & cash equivalent, this led to improvement in Avalara's Quick Ratio to 2.71, above Avalara Inc. average Quick Ratio.

Within Software & Programming industry 72 other companies have achieved higher Quick Ratio than Avalara in second quarter 2022. While Quick Ratio total ranking in the second quarter 2022 has deteriorated compared to the prior quarter from 1541 to 1575.

Explain Quick Ratio?
How much Cash & cash equivalents AVLR´s has?
What are AVLR´s Current Liabilities?




AVLR Quick Ratio (Jun 30 2022)
Q2
(Mar 31 2022)
Q1
(Dec 31 2021)
Q4
(Sep 30 2021)
Q3
(Jun 30 2021)
Q2
Y / Y Current Liabilities Change 14.45 % 43.3 % 49.8 % 82.01 % 77.11 %
Y / Y Cash & cash equivalent Change 128.4 % 131.98 % 123.26 % 44.39 % 34.79 %
Quick Ratio MRQ 2.71 2.66 2.67 2.85 1.36
AVLR's Total Ranking # 1575 # 1541 # 660 # 1469 # 2113
Seq. Current Liabilities Change -3.58 % -1.69 % 5.32 % 14.64 % 20.73 %
Seq. Cash & cash equivalent Change -1.43 % -2.13 % -1.46 % 140.26 % 0.11 %



Quick Ratio second quarter 2022 Company Ranking
Within: No.
Software & Programming Industry # 73
Technology Sector # 216
Overall Market # 1575


Quick Ratio Statistics
High Average Low
3.59 1.77 0.11
(Sep 30 2020)   (Dec 31 2017)




Financial Statements
Avalara's Current Liabilities $ 538 Millions Visit AVLR's Balance sheet
Avalara's Cash & cash equivalent $ 1,461 Millions Visit AVLR's Balance sheet
Source of AVLR's Sales Visit AVLR's Sales by Geography


Cumulative Avalara's Quick Ratio

AVLR's Quick Ratio for the trailling 12 Months

AVLR Quick Ratio

(Jun 30 2022)
12 Months
(Mar 31 2022)
12 Months
(Dec 31 2021)
12 Months
(Sep 30 2021)
12 Months
(Jun 30 2021)
12 Months
Y / Y Current Liabilities TTM Growth 43.53 % 60.52 % 62.73 % 61.07 % 47.66 %
Y / Y Cash & cash equivalent TTM Growth 98.41 % 81.12 % 62.3 % 42.22 % 64.3 %
Quick Ratio TTM 2.72 2.42 2.2 1.96 1.97
Total Ranking TTM # 5310 # 1576 # 5382 # 5406 # 830
Seq. Current Liabilities TTM Growth 3.18 % 8.58 % 10.62 % 15.82 % 15.39 %
Seq. Cash & cash equivalent TTM Growth 15.88 % 19.48 % 23.93 % 15.64 % 5.78 %


On the trailing twelve months basis AVLR Cash & cash equivalent more than doubled by 128.4 % in Q2 2022 year on year, faster than Current Liabilities, this led to increase in in Avalara's Quick Ratio to 2.72, above AVLR average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Software & Programming industry 242 other companies have achieved higher Quick Ratio than Avalara. While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the first quarter 2022 from 1576 to 5310.

Explain Quick Ratio?
How much Cash & cash equivalents AVLR´s has?
What are AVLR´s Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Software & Programming Industry # 243
Technology Sector # 727
Within the Market # 5310


trailing twelve months Quick Ratio Statistics
High Average Low
2.72 1.89 0.84
(Jun 30 2022)   (Mar 31 2019)




Companies with similar Quick Ratio in the quarter ending Jun 30 2022, within Software & Programming Industry Quick RatioJun 30 2022 MRQ Cash & cash equivalentJun 30 2022 MRQ Current Liabilities
Semrush Holdings Inc   7.40 $ 248.917  Millions$ 33.659  Millions
Varonis Systems Inc   7.14 $ 788.763  Millions$ 110.539  Millions
Everbridge Inc   6.98 $ 474.634  Millions$ 67.993  Millions
C3 ai Inc   6.91 $ 907.280  Millions$ 131.251  Millions
Engagesmart Inc   6.83 $ 274.209  Millions$ 40.123  Millions
Airship Ai Holdings Inc   6.67 $ 1.265  Millions$ 0.190  Millions
Clear Secure Inc   6.36 $ 673.669  Millions$ 105.994  Millions
Wimi Hologram Cloud Inc   6.09 $ 130.538  Millions$ 21.445  Millions
Avidxchange Holdings Inc   5.92 $ 511.064  Millions$ 86.295  Millions
Shopify Inc   5.90 $ 5,052.950  Millions$ 856.008  Millions
Twilio Inc   5.52 $ 4,392.284  Millions$ 795.320  Millions
Quantum Computing Inc  5.36 $ 6.841  Millions$ 1.276  Millions
Confluent Inc   5.20 $ 1,957.526  Millions$ 376.180  Millions
Fastly Inc   5.15 $ 482.415  Millions$ 93.659  Millions
Mmtec Inc  4.99 $ 3.834  Millions$ 0.768  Millions
Cloudflare Inc   4.93 $ 1,641.848  Millions$ 332.814  Millions
Altair Engineering Inc   4.87 $ 416.137  Millions$ 85.490  Millions
Commerce com Inc   4.73 $ 358.659  Millions$ 75.830  Millions
Freshworks Inc   4.73 $ 1,174.122  Millions$ 248.334  Millions
Alarm com Holdings Inc   4.55 $ 643.380  Millions$ 141.386  Millions
Destiny Media Technologies Inc   4.51 $ 1.999  Millions$ 0.443  Millions
Aware Inc   4.27 $ 24.984  Millions$ 5.848  Millions
Duolingo Inc   4.01 $ 591.160  Millions$ 147.326  Millions
3d Systems Corporation  3.93 $ 638.220  Millions$ 162.368  Millions
Grid Dynamics Holdings Inc   3.89 $ 150.018  Millions$ 38.568  Millions
Uipath Inc   3.74 $ 1,721.544  Millions$ 460.072  Millions
Palantir Technologies Inc   3.69 $ 2,457.603  Millions$ 665.742  Millions
Sentinelone Inc  3.66 $ 1,219.376  Millions$ 333.169  Millions
Veeva Systems Inc   3.65 $ 2,919.107  Millions$ 799.389  Millions
Coursera Inc   3.49 $ 783.145  Millions$ 224.310  Millions

Date modified: 2026-09-08T15:10:41+00:00



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