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. See AVDX days of operational coverage to measure how many days the company can operate on defensive assets alone.
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.
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 |
|---|---|
|
Pharma Reaserch Prod Co Ltd
KQ:214450
|
0.085x |
|
Sendas Distribuidora S.A.
SA:ASAI3
|
-0.144x |
|
Formula Systems 1985 Ltd ADR
NASDAQ:FORTY
|
0.009x |
|
Scandic Hotels Group AB (publ)
ST:SHOT
|
0.337x |
|
IJM Corporation Bhd
KLSE:3336
|
-0.007x |
|
Guangdong Tonze Electric Co Ltd
SHE:002759
|
-0.066x |
|
Frontken Corporation Bhd
KLSE:0128
|
0.036x |
|
BHP Group Limited
LSE:BHP
|
0.172x |
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