Avid Bioservices Inc
Avid Bioservices, Inc. operates as a contract development and manufacturing organization for the biotechnology and biopharmaceutical industries in the United States. It provides process development and current good manufacturing practice clinical and commercial manufacturing services of biologics, including clinical and commercial drug substance manufacturing, bulk packaging, release and stabilit… Read more
Avid Bioservices Inc (CDMO) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of October 2024: -0.109x
Based on the latest financial reports, Avid Bioservices Inc (CDMO) has a cash flow conversion efficiency ratio of -0.109x as of October 2024.
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 ($-4.88 Million) by net assets ($44.81 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Avid Bioservices Inc - Cash Flow Conversion Efficiency Trend (1995–2024)
This chart illustrates how Avid Bioservices Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Avid Bioservices Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Avid Bioservices Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Hubei Huitian New Materials
SHE:300041
|
0.039x |
|
Cangzhou Dahua Co Ltd
SHG:600230
|
0.018x |
|
Workman Co.Ltd
PINK:WKISF
|
N/A |
|
Chenguang Biotech Group
SHE:300138
|
0.155x |
|
HIAG Immobilien Holding AG
SW:HIAG
|
0.001x |
|
Lihuayi Weiyuan Chemical Co Ltd
SHG:600955
|
0.006x |
|
Craneware plc
PINK:CRWRF
|
0.007x |
|
SILEX Systems Ltd
AU:SLX
|
0.027x |
Annual Cash Flow Conversion Efficiency for Avid Bioservices Inc (1995–2024)
The table below shows the annual cash flow conversion efficiency of Avid Bioservices Inc from 1995 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-04-30 | $60.89 Million | $10.95 Million | 0.180x | +364.45% |
| 2023-04-30 | $189.47 Million | $-12.89 Million | -0.068x | -225.42% |
| 2022-04-30 | $174.53 Million | $9.46 Million | 0.054x | -86.48% |
| 2021-04-30 | $77.74 Million | $31.18 Million | 0.401x | +188.41% |
| 2020-04-30 | $41.90 Million | $5.83 Million | 0.139x | +163.66% |
| 2019-04-30 | $53.07 Million | $-11.60 Million | -0.218x | +54.50% |
| 2018-04-30 | $55.74 Million | $-26.77 Million | -0.480x | +35.33% |
| 2017-04-30 | $53.58 Million | $-39.79 Million | -0.743x | +6.09% |
| 2016-04-30 | $50.07 Million | $-39.59 Million | -0.791x | -29.59% |
| 2015-04-30 | $59.03 Million | $-36.02 Million | -0.610x | -46.19% |
| 2014-04-30 | $67.70 Million | $-28.25 Million | -0.417x | +52.61% |
| 2013-04-30 | $23.76 Million | $-20.93 Million | -0.881x | +76.72% |
| 2012-04-30 | $9.48 Million | $-35.88 Million | -3.783x | -120.44% |
| 2011-04-30 | $15.42 Million | $-26.46 Million | -1.716x | -65.96% |
| 2010-04-30 | $13.41 Million | $-13.87 Million | -1.034x | +90.71% |
| 2009-04-30 | $901.00K | $-10.03 Million | -11.132x | -729.57% |
| 2008-04-30 | $15.60 Million | $-20.93 Million | -1.342x | -23.37% |
| 2007-04-30 | $16.99 Million | $-18.48 Million | -1.088x | -13.06% |
| 2006-04-30 | $17.63 Million | $-16.96 Million | -0.962x | +29.79% |
| 2005-04-30 | $9.61 Million | $-13.17 Million | -1.370x | -79.75% |
| 2004-04-30 | $14.76 Million | $-11.25 Million | -0.762x | +84.24% |
| 2003-04-30 | $2.13 Million | $-10.30 Million | -4.836x | -84.08% |
| 2002-04-30 | $5.08 Million | $-13.35 Million | -2.627x | -13.19% |
| 2001-04-30 | $2.69 Million | $-6.23 Million | -2.321x | -167.91% |
| 2000-04-30 | $-2.72 Million | $-9.30 Million | 3.417x | -9.16% |
| 1999-04-30 | $-2.10 Million | $-7.90 Million | 3.762x | +305.19% |
| 1998-04-30 | $5.40 Million | $-9.90 Million | -1.833x | -508.33% |
| 1997-04-30 | $14.60 Million | $-4.40 Million | -0.301x | -778.08% |
| 1996-04-30 | $9.00 Million | $400.00K | 0.044x | -98.22% |
| 1995-04-30 | $-600.00K | $-1.50 Million | 2.500x | -- |