The formula is valid and has a geometric and a physical interpretation.
The hand side corresponds to the kinetic energy of a unit mass, and the right-hand side the work done by a force on the same unit mass. Multiply both sides with $m$ the mass and get
$$ m\, \overline{v}\, \Delta v = m a\,\Delta x \tag{1}$$
Use $F=m a$ and the definition of work $W = F\,\Delta x$ to get
$$ W = m\, \overline{v}\, \Delta v \tag{2}$$
but you can show that the RHS is the change in kinetic energy as
$$ W = m \frac{(v+v_0)}{2} \cdot (v-v_0) = \tfrac{1}{2} m v^2 - \tfrac{1}{2} m v_0^2 = \Delta E \tag{3} $$
which goes down to the fundamental principle of work = change in energy.
But there is a geometric interpretation also.
Take the velocity plot vs. time, which under constant acceleration, it is a straight line between $v_0$ and $v$

The area under the curve is the distance traveled. From the triangle area formula that is
$$ \Delta x = \tfrac{1}{2} \Delta t ( v-v_0) \tag{4} $$
but the distance traveled can also be found by the average speed $\overline{v} = \tfrac{v_0+v}{2}$ which you can see above as the area under the rectangle defined by the dashed line.
$$ \Delta x = \overline{v}\, \Delta t \tag{5} $$
Combine this with the kinematic equation $\Delta v = a \, \Delta t$ which is solve for time $\Delta t = \tfrac{\Delta v}{a}$ to get
$$ \Delta x = \overline{v}\, \tfrac{\Delta v}{a} \tag{6} $$
or
$$ a \Delta x = \overline{v}\, \Delta v \tag{7} $$
Note that if/when you learn calculus, you will deal with infinitesimal changes and the equation $a\, {\rm d}x = v\, {\rm d}v$ is solve by integration (summation of all the small parts) as
$$\int a\, {\rm d}x =\int v\, {\rm d}v =\tfrac{1}{2} v^2 - \tfrac{1}{2} v_0^2 \tag{8}$$
which is the solution for non-constant $a$ and matches with equation (3) above as it is interpreted as work = change in kinetic energy.
An example is when you have a spring with $F=-k x$ and thus $ a =-\tfrac{1}{m} k x$, you use it in (8) to get
$$- \int \tfrac{1}{m} k x\,{\rm x} = -\tfrac{1}{2} \tfrac{k}{m} x^2 = \tfrac{1}{2} v^2 - \tfrac{1}{2} v_0^2$$
which is equivalent to the energy balance between the potential energy of the spring and the kinetic energy of the mass at initial conditions (rhs) and at current conditions (lhs).
$$ \tfrac{1}{2} k x^2 + \tfrac{1}{2} m v^2 = \tfrac{1}{2} m v_0^2 $$