International Research Corporation Public Company Limited (IRCP) - Cash Flow Conversion Efficiency

Latest as of March 2026: 0.071x

Based on the latest financial reports, International Research Corporation Public Company Limited (IRCP) has a cash flow conversion efficiency ratio of 0.071x 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 (฿31.40 Million ≈ $978.74K USD) by net assets (฿442.62 Million ≈ $13.80 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See International Research Corporation Publi liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

International Research Corporation Public Company Limited - Cash Flow Conversion Efficiency Trend (2003–2025)

This chart illustrates how International Research Corporation Public Company Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data.

International Research Corporation Public Company Limited Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of International Research Corporation Public Company Limited ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
LDC Dental Public Company Limited BK:LDC	0.022x
Sabre Insurance Group PLC LSE:SBRE	0.078x
Akash Infra-Projects Limited NSE:AKASH	0.021x
Bladeranger Ltd TA:BLRN	-0.058x
Eminence Minerals Limited AU:EMA	-0.112x
CARLSON INV. ZY 13 F:2HB	-0.001x
PVW Resources Ltd AU:PVW	-1.696x
Purple Biotech Ltd TA:PPBT	-0.033x

Annual Cash Flow Conversion Efficiency for International Research Corporation Public Company Limited (2003–2025)

The table below shows the annual cash flow conversion efficiency of International Research Corporation Public Company Limited from 2003 to 2025. For the full company profile with market capitalisation and key ratios, see IRCP stock market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	฿438.10 Million ≈ $13.66 Million	฿-33.72 Million ≈ $-1.05 Million	-0.077x	-144.63%
2024-12-31	฿608.71 Million ≈ $18.97 Million	฿105.00 Million ≈ $3.27 Million	0.172x	+190.06%
2023-12-31	฿606.10 Million ≈ $18.89 Million	฿-116.08 Million ≈ $-3.62 Million	-0.192x	-184.98%
2022-12-31	฿532.09 Million ≈ $16.58 Million	฿119.92 Million ≈ $3.74 Million	0.225x	-41.79%
2021-12-31	฿317.90 Million ≈ $9.91 Million	฿123.08 Million ≈ $3.84 Million	0.387x	+11.27%
2020-12-31	฿168.83 Million ≈ $5.26 Million	฿58.74 Million ≈ $1.83 Million	0.348x	+201.84%
2019-12-31	฿191.47 Million ≈ $5.97 Million	฿-65.42 Million ≈ $-2.04 Million	-0.342x	+15.12%
2018-12-31	฿290.43 Million ≈ $9.05 Million	฿-116.90 Million ≈ $-3.64 Million	-0.402x	-166.91%
2017-12-31	฿355.04 Million ≈ $11.07 Million	฿-53.54 Million ≈ $-1.67 Million	-0.151x	-559.55%
2016-12-31	฿360.33 Million ≈ $11.23 Million	฿11.82 Million ≈ $368.55K	0.033x	-93.45%
2015-12-31	฿489.97 Million ≈ $15.27 Million	฿245.40 Million ≈ $7.65 Million	0.501x	+199.95%
2014-12-31	฿489.44 Million ≈ $15.26 Million	฿-245.25 Million ≈ $-7.64 Million	-0.501x	-4102.53%
2013-12-31	฿399.50 Million ≈ $12.45 Million	฿5.00 Million ≈ $155.89K	0.013x	+152.81%
2012-12-31	฿343.09 Million ≈ $10.69 Million	฿-8.13 Million ≈ $-253.53K	-0.024x	-101.88%
2011-12-31	฿324.04 Million ≈ $10.10 Million	฿407.73 Million ≈ $12.71 Million	1.258x	+281.95%
2010-12-31	฿298.36 Million ≈ $9.30 Million	฿-206.33 Million ≈ $-6.43 Million	-0.692x	-169.68%
2009-12-31	฿181.02 Million ≈ $5.64 Million	฿179.64 Million ≈ $5.60 Million	0.992x	+53.29%
2008-12-31	฿170.03 Million ≈ $5.30 Million	฿110.08 Million ≈ $3.43 Million	0.647x	+193.35%
2007-12-31	฿253.38 Million ≈ $7.90 Million	฿-175.73 Million ≈ $-5.48 Million	-0.694x	-1530.83%
2004-12-31	฿280.92 Million ≈ $8.76 Million	฿13.62 Million ≈ $424.42K	0.048x	-64.72%
2003-12-31	฿221.59 Million ≈ $6.91 Million	฿30.44 Million ≈ $948.83K	0.137x	--

About International Research Corporation Public Company Limited

BK:IRCP Thailand Information Technology Services

Market Cap

$4.86 Million

฿155.87 Million THB

Market Cap Rank

#28627 Global

#615 in Thailand

Share Price

฿0.25

Change (1 day)

-3.85%

52-Week Range

฿0.24 - ฿0.45

All Time High

฿11.44