On this page of Benford's Law Stocks.com we present our study of Avid Bioservices, Inc. — ticker symbol CDMO. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 9/5/2019 to 7/2/2024 for Avid Bioservices, Inc. under CIK number 0000704562. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for CDMO, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for Avid Bioservices, Inc. based on the past CDMO filings our system processed in the past.
35.4
14.1
10.7
9.9
6.8
10.4
5.9
3.4
3.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing ]
Total numbers found: 644
Recent share count: 63,479,794 (6's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
644
Normal count compared to other filers, falling within the middle 50%. At this number count, it would take about 6 numbers to move any given column by a full percentage point.
89

Starting from a possible score of 100, we made the following score deductions:
 • We deducted point upon observing the 1's percentage was above the company's typical historical range.
 • We deducted point upon observing the 2's percentage was below the typical coverage universe range.
 • We deducted point upon observing the 5's percentage was below the company's typical historical range.
 • The 6's percentage was higher than the 5's percentage, increasing the penalty multiplier.
 • However, because we observed that the company's shares outstanding count begins with the digit 6, we canceled the penalty multiplier.
 • We deducted points upon observing the 6's percentage was above the typical coverage universe range.
 • We deducted point upon observing the 8's percentage was below the typical coverage universe range.
Benford's Law Stocks Indicator
CDMO
Normal-to-high score compared to other filers, falling within the top of the middle 50%.
AYTU
BGLC
CFSB
CTBI
BANF
CBAN
CFBK
CPRX
Check our work! We provide our Avid Bioservices, Inc. Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the CDMO filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 228 numbers that start with the digit 1. Here they are:
16,644
18,298
12,364
104,002
112,451
186,514
177,770
113,751
140,623
1,354
1,358
153,593
1,562
150,000
189,169
139,911
149,266
119,597
132,593
117,786
18,678
15,422
1,002
1,590
12,661
113,826
1,331
115,011
140,753
127,672
140,753
127,672
1.84
1
127,672
127,672
174,526
1
10,978
10,978
189,169
1,346
1,346
1
1,395
1,396
140,753
140,753
140,753
127,672
11,109
10,978
1,503
1,046
1,030
113,823
1,331
115,082
1,865
139
1,654
1,705
13,533
17,846
14,191
16,446
1,333
1,279
10,952
12,722
154,281
143,750
1,346
1,396
162
126,516
170,265
126,516
1,118
1,670
15
14,361
1,190
126,166
126,516
119,345
125,416
139,911
149,266
119,597
13
11
100
1.1
103,178
1,730
1,681
186,514
177,770
11.1
1
113.8
160
153.5
146.1
141
1.9
143.8
138.5
1.25
12.8
1.3
160,000
143,750
160,000
143,750
153,593
140,623
153,593
140,623
177.3
157.3
1,079
1,578
1,808
1,603
1,808
1,603
159
1,046
1,030
1,082
1,046
1,030
1,238
15
1,516
1,408
130
125
1,354
1,358
1,450
1,562
125
162
16,093
1,963
1,963
1,754
1,334
1,334
10,350
1,799
16,180
11.54
1,986
1,986
1,815
13.09
1,006
16.83
11.91
15.24
16.42
1,311
14.08
11.91
17.63
17.1
19.70
13.92
13.92
18.29
15.30
13.92
18.09
114,098
12.22
14.50
15
10,978
1.5
1,563
1,331
118,473
122,703
113,826
1,331
115,011
1,329
1,188
118,473
122,703
1,153
170
113,826
1,331
115,011
115,420
112,194
12,350
12,742
1,781
145,138
139,655
118,473
139,655
15,596
14,320
11,124
11,584
17
113,751
1,840
1,693
1,600
140,753
127,672
1,954
140,753
129,626
1,248
1,830
1.84
1,313
10,182
1.1
We found 91 numbers that start with the digit 2. Here they are:
2,094
20,667
24,593
2,440
215,146
275,668
262,398
25,996
27,879
21,226
25,996
27,879
21,226
2,680
26,927
259
259
2.23
2.08
2.23
259
259
259
227
2,249
2,755
2,535
20,067
2,901
2,564
260
2,400
20,566
23,850
20,315
24.9
2.3
223,143
208,138
27.6
28.7
2.3
2.8
2,657
2,501
2,854
2,633
2,854
2,633
2.56
2.31
2.03
25
216
2,529
2,376
294
2,760
2,002
27,191
28,990
24,624
2,079
25
2,944
2.6
2.7
25.20
27
25.36
2.1
2,540
2
281.1
2,659
276
2,567
2,589
2,420
2,360
26,665
26,737
25,904
259
259
266
2.23
2.08
2.23
253
2,172
We found 69 numbers that start with the digit 3. Here they are:
385.8
38,106
38,542
30,375
350
336,557
39,887
37,352
3,221
336,557
31,480
36,648
3,601
3,013
3,912
3,358
3,359
3,405
3,406
381
3,343
362
376
3,029
323
31,805
31,805
3,406
3,359
3,197
38,892
38,106
38,892
38,106
38,542
350
350
38,106
38,892
3.7
3
33
35,501
36,629
30,368
3,127
3,127
3,739
3,872
361
342
339
3.4
3,482,263
3,046
3,046
3.5
3.3
3.09
3.76
3,876
3
3
3,087
334
3,174
3,440
3,440
384
4's 5's 6's
We found 64 numbers that start with the digit 4. Here they are:
43,908
41,157
42,772
4,884
4,473
451,567
44,336
45,690
431,118
451,567
4,337
42,431
41,621
431,377
431,118
4,480
4,240
4,987
4,232
43,749
4
40.8
41
41,497
4,236
4.5
4.4
4,575
4,386
43
47
41,157
42,772
45,301
44,336
45,690
49,141
4,140
4,069
47
4,554
4,060
4,167
4,199
4,036
4,147
45,690
4,112,690
4
497
4
44,364
4.93
4,144
4,840
454.6
4
455
483
4,650
425
40
46
43
We found 44 numbers that start with the digit 5. Here they are:
5,437
5,000
571,871
559,859
571,871
56,411
56,411
505
5
53
5,028
5.3
50
576
515
5,421
50,427
531
54,241
5.3
505
5,953
5,370
5,481
52,272
54,274
54,241
5
534
5.1
5.5
522
5.34
59.91
5,587
5.8
5,655
5,326
5,571
5,569
5,109
5,133
5,888
52
We found 67 numbers that start with the digit 6. Here they are:
63,581,054
6,513
63,568
62,692
64
63
632,696
620,224
60,889
63,199
62,268
61,484
63,199
63,782
61,069
61
637,534
61,807
62
605,841
62,692
63
620,224
63,568
64
632,696
60,889
61
618
64
68,414
6
6.5
6,407
6,407
6,924
6,711
6.0
6.0
6.5
616
6,023
6,130
63,567,998
68.64
6.76
68
6.68
6.68
6.54
6.3
613
611
68,646
68.86
68.60
605
615
66
63,199
62,268
61,484
6,776
63,199
63,782
6,776
6
7's 8's 9's
We found 38 numbers that start with the digit 7. Here they are:
70,566
7,101
72
7,318
70,474
77,736
738
7,380
7,380
7,210
7,380
743
7,133
77,803
77,803
7,412
786
772
72,502
7.2
7
7.00
7,101
72,881
7,595
7,594,953
7.43
73
7.93
7,102
7,380
77
77
7,132
7,615
72
70,474
7,075
We found 22 numbers that start with the digit 8. Here they are:
8,780
82,949
81
810
885
876
87,624
8
8
8.00
89
83,231
8,551
849
86
8.1
849,218
8.62
876
84
80
809
We found 21 numbers that start with the digit 9. Here they are:
9,609
9,731
9,731
9,731
964
943
9,465
99,282
97
97,514
923
944
9,270
9,267
912
9.4
9,731
985
947
9
9
While the above CDMO 10K Filed 7/2/2024 is interesting in isolation, we have found that it is also useful to take a look at older Avid Bioservices, Inc. filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10K Filed 7/2/2024 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical CDMO 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

35.4
14.1
10.7
9.9
6.8
10.4
5.9
3.4
3.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 89
XBRL?   [ original filing ]
Total numbers found: 644

= Typical CDMO range from 9/5/2019 to 7/2/2024
29.2
13.7
14.0
12.7
9.2
8.7
4.6
3.3
4.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 83
XBRL?   [ original filing ]
Total numbers found: 630

= Typical CDMO range from 9/5/2019 to 7/2/2024
29.4
14.1
15.5
11.0
9.9
6.7
4.2
4.0
5.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 78
XBRL?   [ original filing ]
Total numbers found: 626

= Typical CDMO range from 9/5/2019 to 7/2/2024
27.8
17.4
9.3
12.3
8.1
12.3
4.8
4.5
3.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 85
XBRL?   [ original filing ]
Total numbers found: 334

= Typical CDMO range from 9/5/2019 to 7/2/2024
27.3
17.2
17.6
9.5
10.6
7.6
4.6
3.6
2.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 73
XBRL?   [ original filing ]
Total numbers found: 843

= Typical CDMO range from 9/5/2019 to 7/2/2024
31.2
19.8
12.8
9.7
10.8
4.3
4.3
3.7
3.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 92
XBRL?   [ original filing ]
Total numbers found: 805

= Typical CDMO range from 9/5/2019 to 7/2/2024
26.4
15.7
9.8
11.4
8.3
16.3
5.5
3.3
3.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 70
XBRL?   [ original filing ]
Total numbers found: 492

= Typical CDMO range from 9/5/2019 to 7/2/2024
27.5
14.0
11.7
13.1
7.4
14.8
4.7
3.2
3.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 71
XBRL?   [ original filing ]
Total numbers found: 472

= Typical CDMO range from 9/5/2019 to 7/2/2024
22.4
17.3
16.1
7.7
10.5
12.7
4.6
2.8
6.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 59
XBRL?   [ original filing ]
Total numbers found: 504

= Typical CDMO range from 9/5/2019 to 7/2/2024
31.7
15.9
13.9
11.0
8.6
6.4
3.7
4.4
4.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 97
XBRL?   [ original filing ]
Total numbers found: 1,525

= Typical CDMO range from 9/5/2019 to 7/2/2024
27.1
18.6
13.8
9.5
10.9
6.7
5.2
5.9
2.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 78
XBRL?   [ original filing ]
Total numbers found: 580

= Typical CDMO range from 9/5/2019 to 7/2/2024
29.6
18.4
14.3
9.7
8.5
6.7
5.6
4.1
3.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 100
XBRL?   [ original filing ]
Total numbers found: 832

= Typical CDMO range from 9/5/2019 to 7/2/2024
29.0
12.8
7.8
14.4
8.0
16.0
5.1
2.7
4.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 54
XBRL?   [ original filing ]
Total numbers found: 486

= Typical CDMO range from 9/5/2019 to 7/2/2024
29.4
11.9
12.1
14.4
7.1
15.0
2.8
4.0
3.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 42
XBRL?   [ original filing ]
Total numbers found: 354

= Typical CDMO range from 9/5/2019 to 7/2/2024
25.9
16.8
12.5
10.1
11.1
10.7
4.5
3.7
4.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 81
XBRL?   [ original filing ]
Total numbers found: 487

= Typical CDMO range from 9/5/2019 to 7/2/2024
25.8
19.5
14.7
8.1
11.4
7.8
3.9
3.9
4.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 82
XBRL?   [ original filing ]
Total numbers found: 875

= Typical CDMO range from 9/5/2019 to 7/2/2024
31.1
16.5
11.8
12.5
9.3
6.9
3.9
4.7
3.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 83
XBRL?   [ original filing ]
Total numbers found: 1,376

= Typical CDMO range from 9/5/2019 to 7/2/2024
30.9
21.0
14.8
6.0
9.1
6.8
5.2
3.1
3.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 92
XBRL?   [ original filing ]
Total numbers found: 515

= Typical CDMO range from 9/5/2019 to 7/2/2024
 

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