TravelSky Technology Limited (TVL) - 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. See net asset quality index of TravelSky Technology Limited to measure how much of total assets are equity-financed.
TravelSky Technology Limited - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how TravelSky Technology Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check how high is TravelSky Technology Limited's earnings quality to evaluate the quality of earnings relative to operating cash generation.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Zee Entertainment Enterprises Limited
NSE:ZEEL
|
-0.002x |
|
Reysas Tasimacilik ve Lojistik Ticaret AS
IS:RYSAS
|
0.040x |
|
Actions Technology Co Ltd
SHG:688049
|
0.043x |
|
Thyrocare Technologies Limited
NSE:THYROCARE
|
0.217x |
|
Plejd AB (publ)
F:3CA
|
0.115x |
|
AcadeMedia AB (publ)
ST:ACAD
|
0.200x |
|
Shenzhen SEG Co Ltd
SHE:000058
|
0.109x |
|
Guangdong Shaoneng Group Co Ltd
SHE:000601
|
0.095x |
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. For the full company profile with market capitalisation and key ratios, see TVL stock market capitalisation.
| 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