The a2 Milk Company Ltd Cash Flow Conversion Efficiency

Latest as of June 2026: 0.035x

The a2 Milk Company Ltd cash flow conversion efficiency. Based on the latest financial reports, The a2 Milk Company Ltd (A2M) has a cash flow conversion efficiency ratio of 0.035x as of June 2026. 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 (AU$37.93 Million ≈ $26.83 Million USD) by net assets (AU$1.07 Billion ≈ $758.70 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Cash Flow Conversion Efficiency of The a2 Milk Company Ltd (2004–2026)

Cash flow conversion efficiency of The a2 Milk Company Ltd from 2004 to 2026. This chart illustrates how The a2 Milk Company Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View today's stock price for The a2 Milk Company Ltd for real-time trading data and today's change.

The a2 Milk Company Ltd Cash Flow Conversion Ratio Explained

The a2 Milk Company Ltd cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

The a2 Milk Company Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of The a2 Milk Company Ltd ranked by their cash flow conversion efficiency. Also see The a2 Milk Company Ltd stock valuation for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
PT Pantai Indah Kapuk Dua Tbk JK:PANI	0.001x
Kodiak Gas Services, Inc. NYSE:KGS	0.061x
Companhia de Saneamento Básico do Estado de São Paulo - SABESP SA:SBSP3	0.074x
Seek Ltd AU:SEK	0.119x
Monday.Com Ltd NASDAQ:MNDY	0.096x
Cabot Corporation NYSE:CBT	0.043x
Beijing Tiantan Biological Products Corp Ltd SHG:600161	0.021x
Farsoon Technology Co. Ltd. A SHG:688433	N/A

Annual Cash Flow Conversion Efficiency for The a2 Milk Company Ltd (2004–2026)

The table below shows the annual cash flow conversion efficiency of The a2 Milk Company Ltd from 2004 to 2026. Review how much free cash does The a2 Milk Company Ltd generate to assess how much free cash flow the company generates relative to operating cash flow.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2026-06-30	AU$1.07 Billion ≈ $758.70 Million	AU$133.04 Million ≈ $94.13 Million	0.124x	-11.89%
2025-06-30	AU$1.43 Billion ≈ $1.01 Billion	AU$201.48 Million ≈ $142.56 Million	0.141x	-30.80%
2024-06-30	AU$1.26 Billion ≈ $889.25 Million	AU$255.74 Million ≈ $180.96 Million	0.203x	+110.20%
2023-06-30	AU$1.15 Billion ≈ $813.35 Million	AU$111.28 Million ≈ $78.74 Million	0.097x	-18.34%
2022-06-30	AU$1.19 Billion ≈ $844.80 Million	AU$141.55 Million ≈ $100.16 Million	0.119x	+43.72%
2021-06-30	AU$1.08 Billion ≈ $766.97 Million	AU$89.42 Million ≈ $63.27 Million	0.082x	-78.11%
2020-06-30	AU$1.13 Billion ≈ $802.42 Million	AU$427.41 Million ≈ $302.42 Million	0.377x	+2.72%
2019-06-30	AU$787.85 Million ≈ $557.46 Million	AU$289.07 Million ≈ $204.53 Million	0.367x	-11.78%
2018-06-30	AU$555.71 Million ≈ $393.20 Million	AU$231.11 Million ≈ $163.52 Million	0.416x	+0.53%
2017-06-30	AU$241.58 Million ≈ $170.93 Million	AU$99.94 Million ≈ $70.72 Million	0.414x	+156.38%
2016-06-30	AU$133.08 Million ≈ $94.16 Million	AU$21.47 Million ≈ $15.19 Million	0.161x	+217.29%
2015-06-30	AU$58.63 Million ≈ $41.48 Million	AU$-8.07 Million ≈ $-5.71 Million	-0.138x	-1954.73%
2014-06-30	AU$58.64 Million ≈ $41.49 Million	AU$435.00K ≈ $307.79K	0.007x	-87.81%
2013-06-30	AU$59.93 Million ≈ $42.40 Million	AU$3.65 Million ≈ $2.58 Million	0.061x	+2482.71%
2012-06-30	AU$37.35 Million ≈ $26.43 Million	AU$88.00K ≈ $62.27K	0.002x	-95.88%
2011-06-30	AU$25.18 Million ≈ $17.82 Million	AU$1.44 Million ≈ $1.02 Million	0.057x	+121.83%
2010-06-30	AU$7.27 Million ≈ $5.14 Million	AU$-1.90 Million ≈ $-1.35 Million	-0.262x	-147.48%
2008-06-30	AU$-7.62 Million ≈ $-5.39 Million	AU$-4.20 Million ≈ $-2.97 Million	0.551x	-85.06%
2007-06-30	AU$-1.38 Million ≈ $-974.45K	AU$-5.08 Million ≈ $-3.60 Million	3.690x	-59.44%
2005-06-30	AU$-223.76K ≈ $-158.32K	AU$-2.04 Million ≈ $-1.44 Million	9.099x	+3466.21%
2004-06-30	AU$5.43 Million ≈ $3.84 Million	AU$-1.47 Million ≈ $-1.04 Million	-0.270x	--

About The a2 Milk Company Ltd

AU:A2M Australia Packaged Foods

Market Cap

$3.67 Billion

AU$5.19 Billion AUD

Market Cap Rank

#4204 Global

#105 in Australia

Share Price

AU$7.13

Change (1 day)

-1.79%

52-Week Range

AU$5.19 - AU$9.96

All Time High

AU$19.94