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 net asset quality index of WICE Logistics PCL to measure how much of total assets are equity-financed.
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. Check WICE Logistics PCL earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Kukdong Oil &
KO:014530
|
0.071x |
|
IDREAMSKY TE+H. DL-0001
F:08IA
|
N/A |
|
Eaton Vance California MIT
NYSE MKT:CEV
|
0.018x |
|
Universal Inc
TW:1325
|
0.006x |
|
Thanh Cong Textile Garment Investment Trading JSC
VN:TCM
|
-0.029x |
|
BQE Water Inc
V:BQE
|
-0.045x |
|
Canyon Resources Ltd
AU:CAY
|
-0.257x |
|
Taeyang Metal Industrial Co Ltd
KO:004105
|
-0.073x |
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 WICE Logistics PCL stock valuation.
| 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