Ayes Celik Hasir ve Cit Sanayi AS Cash Flow Conversion Efficiency

Latest as of June 2023: -0.128x

Ayes Celik Hasir ve Cit Sanayi AS cash flow conversion efficiency. Based on the latest financial reports, Ayes Celik Hasir ve Cit Sanayi AS (AYES) has a cash flow conversion efficiency ratio of -0.128x 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 (TL-30.06 Million ≈ $-673.18K USD) by net assets (TL235.23 Million ≈ $5.27 Million 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 Ayes Celik Hasir ve Cit Sanayi AS (2014–2024)

Cash flow conversion efficiency of Ayes Celik Hasir ve Cit Sanayi AS from 2014 to 2024. This chart illustrates how Ayes Celik Hasir ve Cit Sanayi AS's cash flow conversion efficiency has evolved over time, based on yearly financial data. View today's stock price for Ayes Celik Hasir ve Cit Sanayi AS for real-time trading data and today's change.

Ayes Celik Hasir ve Cit Sanayi AS Cash Flow Conversion Ratio Explained

Ayes Celik Hasir ve Cit Sanayi AS 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.

Ayes Celik Hasir ve Cit Sanayi AS Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Ayes Celik Hasir ve Cit Sanayi AS ranked by their cash flow conversion efficiency. Also see AYES market cap for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
TRF Limited NSE:TRF	-0.011x
SG Choongbang Co Ltd KO:001380	-0.005x
CervoMed Inc. NASDAQ:CRVO	-0.301x
Atlantic American Corporation NASDAQ:AAME	0.061x
Vection Technologies Ltd AU:VR1	0.026x
CNTus Sungjin Co. Ltd. KQ:352700	-0.002x
Roblon A/S CO:RBLN-B	-0.018x
Thaire Life Assurance Public Company Limited BK:THREL	0.024x

Annual Cash Flow Conversion Efficiency for Ayes Celik Hasir ve Cit Sanayi AS (2014–2024)

The table below shows the annual cash flow conversion efficiency of Ayes Celik Hasir ve Cit Sanayi AS from 2014 to 2024. Review AYES 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	TL1.54 Billion ≈ $34.56 Million	TL456.41 Million ≈ $10.22 Million	0.296x	+120.28%
2023-12-31	TL738.02 Million ≈ $16.53 Million	TL-1.08 Billion ≈ $-24.11 Million	-1.459x	-955.84%
2022-12-31	TL199.59 Million ≈ $4.47 Million	TL34.02 Million ≈ $761.87K	0.170x	+127.05%
2021-12-31	TL87.60 Million ≈ $1.96 Million	TL-55.19 Million ≈ $-1.24 Million	-0.630x	-13.81%
2020-12-31	TL54.67 Million ≈ $1.22 Million	TL-30.26 Million ≈ $-677.81K	-0.554x	-184.02%
2019-12-31	TL40.12 Million ≈ $898.48K	TL-7.82 Million ≈ $-175.11K	-0.195x	-173.18%
2018-12-31	TL38.96 Million ≈ $872.59K	TL10.38 Million ≈ $232.40K	0.266x	+262.70%
2017-12-31	TL36.38 Million ≈ $814.76K	TL-5.95 Million ≈ $-133.38K	-0.164x	-0.34%
2016-12-31	TL32.59 Million ≈ $729.83K	TL-5.32 Million ≈ $-119.07K	-0.163x	-148.64%
2015-12-31	TL30.77 Million ≈ $689.13K	TL10.32 Million ≈ $231.17K	0.335x	+430.75%
2014-12-31	TL29.28 Million ≈ $655.73K	TL1.85 Million ≈ $41.44K	0.063x	--

About Ayes Celik Hasir ve Cit Sanayi AS

IS:AYES Turkey Steel

Market Cap

$23.42 Million

TL1.05 Billion TRY

Market Cap Rank

#24443 Global

#375 in Turkey

Share Price

TL6.97

Change (1 day)

-3.06%

52-Week Range

TL5.70 - TL38.38

All Time High

TL38.38