TravelSky Technology Limited Cash Flow Conversion Efficiency
TravelSky Technology Limited cash flow conversion efficiency. Based on the latest financial reports, TravelSky Technology Limited (TVL) has a cash flow conversion efficiency ratio of 0.024x as of June 2023. 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 (€505.61 Million ≈ $591.11 Million USD) by net assets (€20.80 Billion ≈ $24.32 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of TravelSky Technology Limited (2013–2024)
Cash flow conversion efficiency of TravelSky Technology Limited from 2013 to 2024. This chart illustrates how TravelSky Technology Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. View TravelSky Technology Limited (TVL) share price today for real-time trading data and today's change.
TravelSky Technology Limited Cash Flow Conversion Ratio Explained
TravelSky Technology Limited cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
TravelSky Technology Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of TravelSky Technology Limited ranked by their cash flow conversion efficiency. Also see TVL market cap for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Dauch Corporation
NYSE:DCH
|
-0.043x |
|
Wangneng Environment Co Ltd
SHE:002034
|
0.073x |
|
Amoy Diagnostics Co Ltd
SHE:300685
|
0.059x |
|
Bowhead Specialty Holdings Inc.
NYSE:BOW
|
0.198x |
|
Platinum Asset Management Ltd
AU:PTM
|
0.138x |
|
Ecovyst Inc
NYSE:ECVT
|
0.087x |
|
BioPharma Credit PLC
LSE:BPCR
|
0.029x |
|
Icade SA
PA:ICAD
|
0.027x |
Annual Cash Flow Conversion Efficiency for TravelSky Technology Limited (2013–2024)
The table below shows the annual cash flow conversion efficiency of TravelSky Technology Limited from 2013 to 2024. Review TVL free cash flow generation to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €22.90 Billion ≈ $26.77 Billion |
€2.53 Billion ≈ $2.95 Billion |
0.110x | +1587.24% |
| 2023-12-31 | €21.02 Billion ≈ $24.57 Billion |
€137.43 Million ≈ $160.67 Million |
0.007x | -90.34% |
| 2022-12-31 | €19.74 Billion ≈ $23.08 Billion |
€1.34 Billion ≈ $1.56 Billion |
0.068x | -55.77% |
| 2021-12-31 | €19.23 Billion ≈ $22.48 Billion |
€2.94 Billion ≈ $3.44 Billion |
0.153x | +1649.01% |
| 2020-12-31 | €18.77 Billion ≈ $21.94 Billion |
€164.21 Million ≈ $191.98 Million |
0.009x | -92.04% |
| 2019-12-31 | €19.23 Billion ≈ $22.49 Billion |
€2.11 Billion ≈ $2.47 Billion |
0.110x | -10.55% |
| 2018-12-31 | €17.43 Billion ≈ $20.37 Billion |
€2.14 Billion ≈ $2.50 Billion |
0.123x | -36.39% |
| 2017-12-31 | €15.86 Billion ≈ $18.54 Billion |
€3.06 Billion ≈ $3.58 Billion |
0.193x | -24.97% |
| 2016-12-31 | €14.16 Billion ≈ $16.56 Billion |
€3.65 Billion ≈ $4.26 Billion |
0.257x | +31.54% |
| 2015-12-31 | €12.18 Billion ≈ $14.24 Billion |
€2.38 Billion ≈ $2.79 Billion |
0.196x | +10.18% |
| 2014-12-31 | €10.58 Billion ≈ $12.36 Billion |
€1.88 Billion ≈ $2.20 Billion |
0.178x | -5.29% |
| 2013-12-31 | €9.30 Billion ≈ $10.87 Billion |
€1.74 Billion ≈ $2.04 Billion |
0.188x | -- |
About TravelSky Technology Limited
TravelSky Technology Limited, together with its subsidiaries, provides information technology (IT) solutions for the aviation and travel industries in the People's Republic of China. The company offers aviation IT services comprising electronic travel distribution services, including inventory control and computer reservation systems; airport passenger processing system services; and other extend… Read more