Bank of Ayudhya PCL (BAY) - Cash Flow Conversion Efficiency

Latest as of March 2026: 0.017x

Based on the latest financial reports, Bank of Ayudhya PCL (BAY) has a cash flow conversion efficiency ratio of 0.017x as of March 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 (฿7.82 Billion ≈ $243.64 Million USD) by net assets (฿449.80 Billion ≈ $14.02 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Bank of Ayudhya PCL (BAY) net asset quality to measure how much of total assets are equity-financed.

Bank of Ayudhya PCL - Cash Flow Conversion Efficiency Trend (2003–2025)

This chart illustrates how Bank of Ayudhya PCL's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Bank of Ayudhya PCL cash flow quality index to evaluate the quality of earnings relative to operating cash generation.

Bank of Ayudhya PCL Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Bank of Ayudhya PCL ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Xinjiang Goldwind Science & Technology Co Ltd Class A SHE:002202	0.062x
Swancor Advanced Materials Co Ltd SHG:688585	-0.028x
One 97 Communications Limited NSE:PAYTM	0.003x
ORIENT OVERSEAS INT.ADR/5 F:ORI	N/A
Demant A/S CO:DEMANT	0.238x
Freedom Holding Corp NASDAQ:FRHC	-0.993x
Saia Inc NASDAQ:SAIA	0.053x
MARKS SPENCER ADR LS-25 F:MA6A	N/A

Annual Cash Flow Conversion Efficiency for Bank of Ayudhya PCL (2003–2025)

The table below shows the annual cash flow conversion efficiency of Bank of Ayudhya PCL from 2003 to 2025. For the full company profile with market capitalisation and key ratios, see Bank of Ayudhya PCL stock valuation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	฿440.09 Billion ≈ $13.72 Billion	฿101.16 Billion ≈ $3.15 Billion	0.230x	+305.98%
2024-12-31	฿395.81 Billion ≈ $12.34 Billion	฿22.41 Billion ≈ $698.50 Million	0.057x	-26.69%
2023-12-31	฿371.45 Billion ≈ $11.58 Billion	฿28.69 Billion ≈ $894.14 Million	0.077x	+5896.64%
2022-12-31	฿341.76 Billion ≈ $10.65 Billion	฿-455.32 Million ≈ $-14.19 Million	-0.001x	-100.91%
2021-12-31	฿318.24 Billion ≈ $9.92 Billion	฿46.41 Billion ≈ $1.45 Billion	0.146x	-49.57%
2020-12-31	฿289.18 Billion ≈ $9.01 Billion	฿83.62 Billion ≈ $2.61 Billion	0.289x	+310.97%
2019-12-31	฿272.12 Billion ≈ $8.48 Billion	฿-37.30 Billion ≈ $-1.16 Billion	-0.137x	-194.67%
2018-12-31	฿243.72 Billion ≈ $7.60 Billion	฿35.28 Billion ≈ $1.10 Billion	0.145x	+286.40%
2017-12-31	฿225.99 Billion ≈ $7.04 Billion	฿-17.55 Billion ≈ $-547.10 Million	-0.078x	-163.33%
2016-12-31	฿208.77 Billion ≈ $6.51 Billion	฿-6.16 Billion ≈ $-191.93 Million	-0.029x	-112.03%
2015-12-31	฿190.75 Billion ≈ $5.95 Billion	฿46.75 Billion ≈ $1.46 Billion	0.245x	+87.67%
2014-12-31	฿131.67 Billion ≈ $4.10 Billion	฿17.20 Billion ≈ $535.97 Million	0.131x	+223.76%
2013-12-31	฿121.55 Billion ≈ $3.79 Billion	฿-12.83 Billion ≈ $-399.79 Million	-0.106x	-119.10%
2012-12-31	฿113.39 Billion ≈ $3.53 Billion	฿62.64 Billion ≈ $1.95 Billion	0.552x	+161.63%
2011-12-31	฿102.70 Billion ≈ $3.20 Billion	฿-92.05 Billion ≈ $-2.87 Billion	-0.896x	-967.68%
2010-12-31	฿99.10 Billion ≈ $3.09 Billion	฿10.24 Billion ≈ $319.11 Million	0.103x	-77.73%
2009-12-31	฿92.59 Billion ≈ $2.89 Billion	฿42.94 Billion ≈ $1.34 Billion	0.464x	+284.77%
2008-12-31	฿86.31 Billion ≈ $2.69 Billion	฿-21.67 Billion ≈ $-675.31 Million	-0.251x	+70.16%
2007-12-31	฿78.07 Billion ≈ $2.43 Billion	฿-65.67 Billion ≈ $-2.05 Billion	-0.841x	-2300.41%
2006-12-31	฿47.15 Billion ≈ $1.47 Billion	฿1.80 Billion ≈ $56.18 Million	0.038x	-78.58%
2005-12-31	฿40.37 Billion ≈ $1.26 Billion	฿7.21 Billion ≈ $224.61 Million	0.178x	-80.02%
2004-12-31	฿33.14 Billion ≈ $1.03 Billion	฿29.61 Billion ≈ $922.86 Million	0.893x	+92.19%
2003-12-31	฿41.82 Billion ≈ $1.30 Billion	฿19.44 Billion ≈ $605.90 Million	0.465x	--

About Bank of Ayudhya PCL

BK:BAY Thailand Banks - Regional

Market Cap

$9.29 Billion

฿297.91 Billion THB

Market Cap Rank

#2349 Global

#19 in Thailand

Share Price

฿40.50

Change (1 day)

+0.62%

52-Week Range

฿22.70 - ฿46.75

All Time High

฿46.75