Ferrari Group PLC (FERGR) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Ferrari Group PLC (FERGR) has a cash flow conversion efficiency ratio of 0.078x as of September 2024. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (€14.95 Million ≈ $17.48 Million USD) by net assets (€190.78 Million ≈ $223.05 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Ferrari Group PLC - Cash Flow Conversion Efficiency Trend (2021–2023)
This chart illustrates how Ferrari Group PLC's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read FERGR liabilities breakdown for a breakdown of total debt and financial obligations.
Ferrari Group PLC Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Ferrari Group PLC ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Time Publishing and Media Co Ltd Class A
SHG:600551
|
-0.006x |
|
Shandong Xiantan Co Ltd
SHE:002746
|
0.054x |
|
Suzhou Longway Electronic Machinery Co. Ltd. A
SHE:301202
|
N/A |
|
RIAMB (Beijing) Tech Dvlp Co
SHG:603082
|
0.022x |
|
Shenzhen Jinjia Color Printing Group Co Ltd
SHE:002191
|
0.046x |
|
Barrett Business Services Inc
NASDAQ:BBSI
|
0.160x |
|
Shengtak New Material Co Ltd
SHE:300881
|
-0.103x |
|
Jiangsu Allfavor Intelligent Circuits Technology CO.Ltd
SHE:300964
|
0.006x |
Annual Cash Flow Conversion Efficiency for Ferrari Group PLC (2021–2023)
The table below shows the annual cash flow conversion efficiency of Ferrari Group PLC from 2021 to 2023. For the full company profile with market capitalisation and key ratios, see FERGR company net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | €175.06 Million ≈ $204.66 Million |
€66.17 Million ≈ $77.36 Million |
0.378x | -23.05% |
| 2022-12-31 | €140.28 Million ≈ $164.01 Million |
€68.91 Million ≈ $80.56 Million |
0.491x | +38.51% |
| 2021-12-31 | €108.51 Million ≈ $126.86 Million |
€38.48 Million ≈ $44.99 Million |
0.355x | -- |
About Ferrari Group PLC
Ferrari Group PLC provides shipping, integrated logistics, and value-added services for jewelry and precious goods in Europe, Asia, North America, Brazil, and internationally. It offers freight forwarding, ground transportation, and security services; VAT identification services for non-residents; custom solutions and security services for jewelry and watches exhibitions, and trade shows; warehou… Read more