International Research Corporation Public Company Limited (IRCP) - Cash Flow Conversion Efficiency
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 (IRCP) balance sheet quality index to measure how much of total assets are equity-financed.
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. Check IRCP cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
TGS Esports Inc
V:TGS
|
0.391x |
|
Woodlandor Holdings Bhd
KLSE:7025
|
-0.017x |
|
Box Pak (Malaysia) Bhd
KLSE:6297
|
-0.211x |
|
HydrogenPro AS
OL:HYPRO
|
-0.165x |
|
Bold Ventures Inc
V:BOL
|
-0.065x |
|
Paranapanema S.A
SA:PMAM3
|
-0.002x |
|
Duta Pertiwi Nusantara Tbk
JK:DPNS
|
0.009x |
|
Indo Oil Perkasa PT
JK:OILS
|
-0.085x |
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 company net worth.
| 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
International Research Corporation Public Company Limited distributes and renders system development services of information technology, network information, and telecommunication information systems in Thailand. It operates in two segments, Project Business and Non-Project Business. The company is involved in the provision of distribution of information technology products, network equipment, te… Read more