Avid Bioservices, Inc.

Avid Bioservices, Inc.verified

CDMOP

Price:

$25.06

Market Cap:

$798.90M

Avid Bioservices, Inc., a contract development and manufacturing organization, provides process development and current good manufacturing practices (CGMP) clinical and commercial manufacturing services focused on biopharmaceutical drug substances derived from mammalian cell culture. It produces monoclonal antibodies and recombinant proteins; and offers services, including CGMP clinical and commercial drug substance manufacturing, purification, bulk packaging, release and stability testing, and regulatory submission and support. The company also provides various process development services, such as upstream and downstream development and optimization, analytical methods development, testing...[Read more]

Industry

Biotechnology

IPO Date

2022-01-31

Stock Exchange

NASDAQ

Ticker

CDMOP

The Current Ratio as of December 2025 (TTM) for Avid Bioservices, Inc. (CDMOP) is 1.30

According to Avid Bioservices, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.30. This represents a change of 10.81% compared to the average of 1.17 of the last 4 quarters.

Avid Bioservices, Inc. (CDMOP) Historical Current Ratio (quarterly & annually)

How has CDMOP Current Ratio performed in the past?

The mean historical Current Ratio of Avid Bioservices, Inc. over the last ten years is 1.86. The current 1.30 Current Ratio has changed 6.88% with respect to the historical average. Over the past ten years (40 quarters), CDMOP's Current Ratio was at its highest in in the July 2021 quarter at 3.17. The Current Ratio was at its lowest in in the January 2024 quarter at 0.46.

Quarterly (TTM)
Annual

Average

1.86

Median

1.66

Minimum

1.34

Maximum

2.93

Avid Bioservices, Inc. (CDMOP) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Avid Bioservices, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 118.03%

Maximum Annual Current Ratio = 2.93

Minimum Annual Increase = -44.15%

Minimum Annual Current Ratio = 1.34

Quarterly (TTM)
Annual
YearCurrent RatioChange
20241.47-3.39%
20231.53-35.80%
20222.38-18.89%
20212.93118.03%
20201.34-39.36%
20192.2223.68%
20181.7926.52%
20171.42-0.36%
20161.42-34.13%
20152.16-44.15%

Avid Bioservices, Inc. (CDMOP) Average Current Ratio

How has CDMOP Current Ratio performed in the past?

The current Current Ratio of Avid Bioservices, Inc. (CDMOP) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.79

5-year avg

1.93

10-year avg

1.86

Avid Bioservices, Inc. (CDMOP) Current Ratio vs. Peers

How is CDMOP’s Current Ratio compared to its peers?

Avid Bioservices, Inc.’s Current Ratio is less than Alaunos Therapeutics, Inc. (2.92), less than Spectrum Pharmaceuticals, Inc. (2.37), less than Zevra Therapeutics, Inc. (7.85), greater than LakeShore Biopharma Co., Ltd (1.02), less than CARGO Therapeutics, Inc. Common Stock (12.37), less than Vaccitech plc (8.04), less than Merrimack Pharmaceuticals, Inc. (43.50), less than LENZ Therapeutics, Inc. (20.54), less than Theseus Pharmaceuticals, Inc. (17.79), less than Acelyrin, Inc. (18.43),

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