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.

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. Read debt load of Ayes Celik Hasir ve Cit Sanayi AS for a breakdown of total debt and financial obligations.

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
NICE Total Cash Management Co. Ltd KQ:063570	0.146x
Cytogen Inc KQ:217330	-0.059x
Spigen Korea Co. Ltd KQ:192440	0.019x
SDI Ltd AU:SDI	0.112x
CI Holdings Bhd KLSE:2828	0.112x
FG Merger II Corp. Common stock NASDAQ:FGMC	0.002x
OCK Group Bhd KLSE:0172	-0.030x
Panram International TWO:8088	-0.193x

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

$104.15 Million

TL4.65 Billion TRY

Market Cap Rank

#19050 Global

#279 in Turkey

Share Price

TL31.00

Change (1 day)

+1.64%

52-Week Range

TL8.50 - TL33.04

All Time High

TL33.04