Avalara (Avalara) Cash And Cash Equivalents : $1,460.6 Mil (As of Jun. 2022)

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What is Avalara Cash And Cash Equivalents?

Avalara's quarterly cash and cash equivalents declined from Dec. 2021 ($1,514.06 Mil) to Mar. 2022 ($1,481.85 Mil) but then stayed the same from Mar. 2022 ($1,481.85 Mil) to Jun. 2022 ($1,460.59 Mil).

Avalara's annual cash and cash equivalents increased from Dec. 2019 ($466.95 Mil) to Dec. 2020 ($673.59 Mil) and increased from Dec. 2020 ($673.59 Mil) to Dec. 2021 ($1,514.06 Mil).

Avalara Cash And Cash Equivalents Historical Data

The historical data trend for Avalara's Cash And Cash Equivalents 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.

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Avalara Cash And Cash Equivalents Chart

Avalara Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Cash And Cash Equivalents

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14.08

142.32

466.95

673.59

1,514.06

Avalara Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Cash And Cash Equivalents	Get a 7-Day Free Trial															639.48	1,536.42	1,514.06	1,481.85	1,460.59

Avalara Cash And Cash Equivalents Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

Avalara (NYSE:AVLR) Cash And Cash Equivalents Explanation

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

Avalara Cash And Cash Equivalents Related Terms

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Avalara (Avalara) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Avalara Inc (NYSE:AVLR) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

255 South King Street, Suite 1800, Seattle, WA, USA, 98104

Website

https://www.avalara.com

Avalara Inc provides compliance solutions. It provides software solutions that help businesses of all types and sizes comply with tax requirements for transactions worldwide. The company offers a broad and growing suite of compliance solutions for transaction taxes, such as sales and use tax, VAT, fuel excise tax, beverage alcohol, cross-border taxes, lodging tax, and communications tax. These solutions enable customers to automate the process of determining taxability, identifying applicable tax rates, determining and collecting taxes, preparing and filing returns, remitting taxes, maintaining tax records, and managing compliance documents. It generates revenue in the form of subscriptions and professional services.

Executives

Scott M Mcfarlane	director, officer: See Remarks	255 SOUTH KING ST., SUITE 1800, SEATTLE WA 98104
Daniel E. Manning	officer: Chief Accounting Officer	255 SOUTH KING ST., SUITE 1800, SEATTLE WA 98104
Ross Tennenbaum	officer: See Remarks	255 S KING ST, STE 1800, SEATTLE WA 98104
Alesia Lee Pinney	officer: See Remarks	AVALARA, INC., 255 SOUTH KING ST., SUITE 1800, SEATTLE WA 98104
Amit Mathradas	officer: See Remarks	255 S KING ST, STE 1800, SEATTLE WA 98104
Marcela Martin	director	C/O SQUARESPACE, INC., 225 VARICK STREET, 12TH FLOOR, NEW YORK NY 10014
Rajeev Singh	director	6222 185TH AVENUE NE, REDMOND WA 98052
Bruce T Crawford	director	255 SOUTH KING ST., SUITE 1800, SEATTLE WA 98104
Srinivas Tallapragada	director	THE LANDMARK AT ONE MARKET STREET, #300, SAN FRANCISCO CA 94105
Kathleen Zwickert	director	255 S KING ST, STE 1800, SEATTLE WA 98104
William Ingram	officer: See Remarks	C/O LEAP WIRELESS INTERNATIONAL, INC., 5887 COPLEY DRIVE, SAN DIEGO CA 92111
Marion R Foote	director	C/O KINETA, INC., 219 TERRY AVE. N., SUITE 300, SEATTLE WA 98109
Edward A Gilhuly	director, 10 percent owner	C/O SAGEVIEW CAPITAL LP, 245 LYTTON AVENUE, SUITE 250, PALO ALTO CA 94301
Chelsea R. Stoner	director	C/O AVALARA, INC., 255 SOUTH KING ST., SUITE 1800, SEATTLE WA 98104
Brian Sharples	director	1250 CAPITAL OF TX HWY, BLDG 2, PLAZA 1, AUSTIN TX 78746