AvidXchange Holdings Inc (AVDX) - Cash Flow Conversion Efficiency
Based on the latest financial reports, AvidXchange Holdings Inc (AVDX) has a cash flow conversion efficiency ratio of 0.034x as of June 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($23.21 Million) by net assets ($687.55 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
AvidXchange Holdings Inc - Cash Flow Conversion Efficiency Trend (2019–2024)
This chart illustrates how AvidXchange Holdings Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read AVDX total debt and obligations for a breakdown of total debt and financial obligations.
AvidXchange Holdings Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of AvidXchange Holdings Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Formula Systems 1985 Ltd ADR
NASDAQ:FORTY
|
0.009x |
|
Godawari Power And Ispat limited
NSE:GPIL
|
0.076x |
|
Íslandsbanki hf.
IC:ISB
|
0.079x |
|
Anyuan Coal Industry Group Co Ltd
SHG:600397
|
-0.013x |
|
Alamo Group Inc
NYSE:ALG
|
0.058x |
|
A.F.P. Provida
SN:PROVIDA
|
0.022x |
|
Extreme Networks Inc
NASDAQ:EXTR
|
0.523x |
|
Neogen Corporation
NASDAQ:NEOG
|
0.009x |
Annual Cash Flow Conversion Efficiency for AvidXchange Holdings Inc (2019–2024)
The table below shows the annual cash flow conversion efficiency of AvidXchange Holdings Inc from 2019 to 2024. For the full company profile with market capitalisation and key ratios, see AvidXchange Holdings Inc market cap and net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $671.83 Million | $71.93 Million | 0.107x | +731.69% |
| 2023-12-31 | $656.45 Million | $8.45 Million | 0.013x | +129.49% |
| 2022-12-31 | $657.44 Million | $-28.70 Million | -0.044x | +54.03% |
| 2021-12-31 | $723.05 Million | $-68.67 Million | -0.095x | +30.81% |
| 2020-12-31 | $321.52 Million | $-44.13 Million | -0.137x | +31.35% |
| 2019-12-31 | $309.05 Million | $-61.79 Million | -0.200x | -- |
About AvidXchange Holdings Inc
AvidXchange Holdings, Inc. provides accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers in the United States. The company offers AP automation software, a SaaS-based solution that automates and digitizes capture, review, approval, and payment of invoices for buyers; the AvidPay network that connects two-sided payments with buyers and su… Read more