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 Celik Hasir ve Cit Sanayi AS (AYES) balance sheet quality index to measure how much of total assets are equity-financed.

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. Check how high is Ayes Celik Hasir ve Cit Sanayi AS's earnings quality to evaluate the quality of earnings relative to operating cash generation.

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
TDM Berhad KLSE:2054	0.043x
Ditas Dogan Yedek Parca Imalat ve Teknik AS IS:DITAS	0.279x
Michael Hill International Ltd AU:MHJ	-0.015x
Virco Manufacturing Corporation NASDAQ:VIRC	-0.102x
Asefa Public Company Limited BK:ASEFA	0.121x
HORNG SHIUE HOLDING Co Ltd TW:2243	-0.071x
CI Holdings Bhd KLSE:2828	0.112x
Jasa Armada Indonesia Tbk PT JK:IPCM	0.109x

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 Ayes Celik Hasir ve Cit Sanayi AS market capitalisation.

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

$95.14 Million

TL4.25 Billion TRY

Market Cap Rank

#19369 Global

#274 in Turkey

Share Price

TL28.32

Change (1 day)

+7.60%

52-Week Range

TL13.70 - TL38.38

All Time High

TL38.38