Ayes Celik Hasir ve Cit Sanayi AS (AYES) - Cash Flow Conversion Efficiency

Latest as of June 2023: -0.128x

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. See AYES days of operational coverage to measure how many days the company can operate on defensive assets alone.

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

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.

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.

Company	Cash Flow Conversion Efficiency
Sino-Ocean Group Holding Limited F:3SD	0.462x
Crosswood PA:CROS	-0.020x
ELK-Desa Resources Bhd KLSE:5228	0.030x
Bapcor Ltd AU:BAP	0.032x
Yunsa Yunlu Sanayi ve Ticaret AS IS:YUNSA	0.030x
Paramount Gold Nevada Corp NYSE MKT:PZG	0.070x
Western Investment Company of Canada Limited V:WI	0.074x
MDxHealth SA ADR NASDAQ:MDXH	-0.031x

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. For the full company profile with market capitalisation and key ratios, see market value of Ayes Celik Hasir ve Cit Sanayi AS.

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

$111.54 Million

TL4.98 Billion TRY

Market Cap Rank

#18841 Global

#271 in Turkey

Share Price

TL33.20

Change (1 day)

-2.64%

52-Week Range

TL13.70 - TL38.38

All Time High

TL38.38