WICE Logistics PCL (WICE) - Cash Flow Conversion Efficiency
Based on the latest financial reports, WICE Logistics PCL (WICE) has a cash flow conversion efficiency ratio of 0.006x as of September 2025. 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 (฿10.50 Million ≈ $327.40K USD) by net assets (฿1.73 Billion ≈ $53.94 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 WICE Logistics PCL (WICE) liquidity interval to measure how many days the company can operate on defensive assets alone.
WICE Logistics PCL - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how WICE Logistics PCL's cash flow conversion efficiency has evolved over time, based on yearly financial data.
WICE Logistics PCL Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of WICE Logistics PCL ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Evrofarma SA
AT:EVROF
|
-0.018x |
|
eHealth Inc
NASDAQ:EHTH
|
0.037x |
|
Unick Corporation
KQ:011320
|
0.105x |
|
Anatolia Tani ve Biyoteknoloji Urunleri Arastirma Gelistirme Sanayi ve Ticaret
IS:ANGEN
|
-0.002x |
|
G.I. Tech Co. Ltd.
KQ:382480
|
0.020x |
|
HRS Co. Ltd
KQ:036640
|
-0.004x |
|
Metair
JSE:MTA
|
-0.172x |
|
Ado Optronics
TWO:3516
|
0.009x |
Annual Cash Flow Conversion Efficiency for WICE Logistics PCL (2013–2024)
The table below shows the annual cash flow conversion efficiency of WICE Logistics PCL from 2013 to 2024. For the full company profile with market capitalisation and key ratios, see market value of WICE Logistics PCL.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | ฿1.74 Billion ≈ $54.25 Million |
฿210.33 Million ≈ $6.56 Million |
0.121x | +38.45% |
| 2023-12-31 | ฿1.89 Billion ≈ $59.02 Million |
฿165.29 Million ≈ $5.15 Million |
0.087x | -80.50% |
| 2022-12-31 | ฿1.87 Billion ≈ $58.34 Million |
฿837.85 Million ≈ $26.12 Million |
0.448x | +8.20% |
| 2021-12-31 | ฿1.50 Billion ≈ $46.82 Million |
฿621.46 Million ≈ $19.37 Million |
0.414x | +46.98% |
| 2020-12-31 | ฿975.60 Million ≈ $30.41 Million |
฿274.62 Million ≈ $8.56 Million |
0.281x | +166.38% |
| 2019-12-31 | ฿886.60 Million ≈ $27.63 Million |
฿93.69 Million ≈ $2.92 Million |
0.106x | -39.64% |
| 2018-12-31 | ฿957.20 Million ≈ $29.83 Million |
฿167.56 Million ≈ $5.22 Million |
0.175x | +35.32% |
| 2017-12-31 | ฿899.77 Million ≈ $28.04 Million |
฿116.40 Million ≈ $3.63 Million |
0.129x | +57.44% |
| 2016-12-31 | ฿862.28 Million ≈ $26.88 Million |
฿70.85 Million ≈ $2.21 Million |
0.082x | -9.77% |
| 2015-12-31 | ฿600.78 Million ≈ $18.73 Million |
฿54.71 Million ≈ $1.71 Million |
0.091x | -51.52% |
| 2014-12-31 | ฿278.22 Million ≈ $8.67 Million |
฿52.25 Million ≈ $1.63 Million |
0.188x | -68.80% |
| 2013-12-31 | ฿192.99 Million ≈ $6.02 Million |
฿116.19 Million ≈ $3.62 Million |
0.602x | -- |
About WICE Logistics PCL
Wice Logistics Public Company Limited, together with its subsidiaries, provides freight and logistics services in Thailand and internationally. It operates in four segments: Sea Freight, Air Freight, Cross-Border Service, and Supply Chain Solution. The company offers international sea freight forwarding services, such as full container load and less than container load services for importers and … Read more