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AvidXchange Holdings (AvidXchange Holdings) Scaled Net Operating Assets : 0.15 (As of Mar. 2024)


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What is AvidXchange Holdings Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

AvidXchange Holdings's operating assets for the quarter that ended in Mar. 2024 was $1,675.0 Mil. AvidXchange Holdings's operating liabilities for the quarter that ended in Mar. 2024 was $1,305.6 Mil. AvidXchange Holdings's Total Assets for the quarter that ended in Dec. 2023 was $2,483.7 Mil. Therefore, AvidXchange Holdings's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.15.


AvidXchange Holdings Scaled Net Operating Assets Historical Data

The historical data trend for AvidXchange Holdings's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

AvidXchange Holdings Scaled Net Operating Assets Chart

AvidXchange Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
0.42 -1.02 0.48 0.15 0.16

AvidXchange Holdings Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.17 0.18 0.17 0.16 0.15

Competitive Comparison of AvidXchange Holdings's Scaled Net Operating Assets

For the Software - Infrastructure subindustry, AvidXchange Holdings's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


AvidXchange Holdings's Scaled Net Operating Assets Distribution in the Software Industry

For the Software industry and Technology sector, AvidXchange Holdings's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where AvidXchange Holdings's Scaled Net Operating Assets falls into.



AvidXchange Holdings Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

AvidXchange Holdings's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(2032.118-1683.568)/2211.996
=0.16

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2483.737 - 451.619
=2032.118

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1827.292 - 135.499 - 8.225
=1683.568

AvidXchange Holdings's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(1674.955-1305.647)/2483.737
=0.15

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2118.503 - 443.548
=1674.955

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1448.94 - 134.926 - 8.367
=1305.647

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


AvidXchange Holdings Scaled Net Operating Assets Related Terms

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AvidXchange Holdings (AvidXchange Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1210 AvidXchange Lane, Charlotte, NC, USA, 28206
AvidXchange Holdings Inc is a provider of AP automation software and payment solutions for middle-market businesses and their suppliers. It generates the majority of its sales from Payment revenue followed by Software revenue and Services revenue. The company generates revenue in the United States.
Executives
Joel Wilhite officer: See Remarks 1210 AVIDXCHANGE LANE, CHARLOTTE NC 28206
Ryan Stahl officer: See Remarks 1210 AVIDXCHANGE LANE, CHARLOTTE NC 28206
Todd Alan Cunningham officer: See Remarks 1210 AVIDXCHANGE LANE, CHARLOTTE NC 28206
Michael Praeger director, officer: See Remarks 1210 AVIDXCHANGE LANE, CHARLOTTE NC 28206
Daniel Drees officer: See Remarks 1210 AVIDXCHANGE LANE, CHARLOTTE NC 28206
Angelic Gibson officer: See Remarks 1210 AVIDXCHANGE LANE, CHARLOTTE NC 28206
Matthew C Harris director, 10 percent owner 1 BANK STREET, 2ND FLOOR, WILLIAMSTOWN MA 01267
James E Hausman director 1210 AVIDXCHANGE LANE, CHARLOTTE NC 28206
Sonali Sambhus director C/O AVIDXCHANGE HOLDINGS, INC., 1210 AVIDXCHANGE LANE, CHARLOTTE NC 28206
Asif Ramji director 3399 PEACHTREE ROAD NE, SUITE 1900, ATLANTA GA 30326
Bain Capital Venture Partners 2014, L.p. 10 percent owner 200 CLARENDON STREET, BOSTON MA 02116
Teresa Mackintosh director 1210 AVIDXCHANGE LANE, CHARLOTTE NC 28206
Bcv Ax Investors, L.p. 10 percent owner 200 CLARENDON ST, BOSTON MA 02116
Bain Capital Venture Coinvestment Partners, L.p. 10 percent owner 200 CLARENDON STREET, BOSTON MA 02116
Bain Capital Venture Coinvestment Fund, L.p. 10 percent owner JOHN HANCOCK TOWER, 200 CLARENDON STREET, BOSTON MA 02116