Ard Grup Bilisim Teknolojileri AS (ARDYZ) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Ard Grup Bilisim Teknolojileri AS (ARDYZ) has a cash flow conversion efficiency ratio of 0.044x 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 (TL169.70 Million ≈ $3.80 Million USD) by net assets (TL3.81 Billion ≈ $85.42 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Ard Grup Bilisim Teknolojileri AS - Cash Flow Conversion Efficiency Trend (2018–2024)
This chart illustrates how Ard Grup Bilisim Teknolojileri AS's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Ard Grup Bilisim Teknolojileri AS total liabilities for a breakdown of total debt and financial obligations.
Ard Grup Bilisim Teknolojileri AS Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Ard Grup Bilisim Teknolojileri AS ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Caswell Inc
TW:6416
|
-0.038x |
|
Bank Artha Graha Internasional
JK:INPC
|
0.010x |
|
D2L Inc
TO:DTOL
|
0.274x |
|
Daewon Sanup Co. Ltd
KQ:005710
|
0.061x |
|
India Pesticides Limited
NSE:IPL
|
0.008x |
|
Genova Property Group AB
ST:GPG
|
0.008x |
|
Accelya Solutions India Limited
NSE:ACCELYA
|
0.269x |
|
FREYR Battery SA
NYSE:FREY
|
-0.178x |
Annual Cash Flow Conversion Efficiency for Ard Grup Bilisim Teknolojileri AS (2018–2024)
The table below shows the annual cash flow conversion efficiency of Ard Grup Bilisim Teknolojileri AS from 2018 to 2024. For the full company profile with market capitalisation and key ratios, see ARDYZ market cap.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | TL2.91 Billion ≈ $65.15 Million |
TL1.48 Billion ≈ $33.12 Million |
0.508x | +597.66% |
| 2023-12-31 | TL2.54 Billion ≈ $56.79 Million |
TL184.77 Million ≈ $4.14 Million |
0.073x | -58.72% |
| 2022-12-31 | TL629.66 Million ≈ $14.10 Million |
TL111.15 Million ≈ $2.49 Million |
0.177x | -53.85% |
| 2021-12-31 | TL324.74 Million ≈ $7.27 Million |
TL124.21 Million ≈ $2.78 Million |
0.382x | +22.47% |
| 2020-12-31 | TL173.52 Million ≈ $3.89 Million |
TL54.19 Million ≈ $1.21 Million |
0.312x | +62.43% |
| 2019-12-31 | TL72.55 Million ≈ $1.62 Million |
TL13.95 Million ≈ $312.43K |
0.192x | -48.87% |
| 2018-12-31 | TL46.11 Million ≈ $1.03 Million |
TL17.34 Million ≈ $388.40K |
0.376x | -- |
About Ard Grup Bilisim Teknolojileri AS
Ard Grup Bilisim Teknolojileri Anonim Sirketi engages in the software, information technology, communication, and telecommunication businesses in Turkey. The company offers enterprise software solutions, including corporate information management system, corporate identity and access management systems, enterprise equipment tracking, enterprise equipment tracking systems, e-government projects, R… Read more