AvidXchange Holdings Inc (AVDX) — Defensive Interval Ratio
AvidXchange Holdings Inc (AVDX) has a Defensive Interval Ratio of 42 days as of June 2025. Defensive assets of $140.48 Million (cash $-, short-term investments $71.46 Million, receivables $69.02 Million) cover 42 days of daily cash needs of $3.38 Million/day. See working capital position of AvidXchange Holdings Inc to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
AvidXchange Holdings Inc Defensive Interval Ratio (2016–2024)
This chart shows how AvidXchange Holdings Inc's Defensive Interval Ratio has evolved across 7 annual periods from 2016 to 2024. As of June 2025, the ratio stands at 42 days, meaning defensive assets of $140.48 Million can fund 42 days of operations without new revenue. See AVDX equity to assets ratio to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for AvidXchange Holdings Inc (2016–2024)
The table below presents the year-by-year Defensive Interval Ratio for AvidXchange Holdings Inc from 2016 to 2024, covering 7 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see AvidXchange Holdings Inc (AVDX) total market value.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 27 days | $99.41 Million | $3.65 Million/day | $- | $33.66 Million | ▲ +5 days |
| 2023 | 22 days | $101.08 Million | $4.58 Million/day | $- | $44.65 Million | ▼ -20 days |
| 2022 | 42 days | $160.67 Million | $3.81 Million/day | $- | $110.99 Million | ▲ +31 days |
| 2021 | 12 days | $42.48 Million | $3.65 Million/day | $- | $0.00 | ▼ -282 days |
| 2020 | 293 days | $171.23 Million | $583.72K/day | $- | $137.62 Million | ▲ +205 days |
| 2019 | 88 days | $24.00 Million | $273.09K/day | $- | $- | ▲ +81 days |
| 2016 | 7 days | $41.38K | $5.80K/day | $- | $- | — |