Coca-Cola Icecek AS (CCOLA) - Cash Flow Conversion Efficiency

Latest as of March 2026: 0.047x

Based on the latest financial reports, Coca-Cola Icecek AS (CCOLA) has a cash flow conversion efficiency ratio of 0.047x as of March 2026. 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 (TL4.47 Billion ≈ $100.12 Million USD) by net assets (TL95.43 Billion ≈ $2.14 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See CCOLA defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Coca-Cola Icecek AS - Cash Flow Conversion Efficiency Trend (2003–2025)

This chart illustrates how Coca-Cola Icecek AS's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Coca-Cola Icecek AS Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Coca-Cola Icecek AS ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Ultrapar Participações S.A F:UGR	0.134x
CHINA TOWER UNSP.ADR/100 F:2Y10	N/A
Pegasystems Inc NASDAQ:PEGA	0.301x
360 ONE WAM LIMITED NSE:360ONE	-0.160x
Corporacion Financiera Alba SA MC:ALB	0.006x
AB Sagax (publ) ST:SAGA-B	0.013x
Aurizon Holdings Ltd AU:AZJ	0.145x
Glory View Technology Co. Ltd. A SHE:301396	N/A

Annual Cash Flow Conversion Efficiency for Coca-Cola Icecek AS (2003–2025)

The table below shows the annual cash flow conversion efficiency of Coca-Cola Icecek AS from 2003 to 2025. For the full company profile with market capitalisation and key ratios, see CCOLA market cap overview.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	TL86.63 Billion ≈ $1.94 Billion	TL27.37 Billion ≈ $613.11 Million	0.316x	-11.12%
2024-12-31	TL61.65 Billion ≈ $1.38 Billion	TL21.92 Billion ≈ $490.95 Million	0.356x	-11.74%
2023-12-31	TL44.95 Billion ≈ $1.01 Billion	TL18.11 Billion ≈ $405.60 Million	0.403x	+33.67%
2022-12-31	TL22.80 Billion ≈ $510.58 Million	TL6.87 Billion ≈ $153.87 Million	0.301x	+14.01%
2021-12-31	TL14.97 Billion ≈ $335.29 Million	TL3.96 Billion ≈ $88.63 Million	0.264x	-20.53%
2020-12-31	TL8.74 Billion ≈ $195.68 Million	TL2.91 Billion ≈ $65.09 Million	0.333x	+20.62%
2019-12-31	TL7.37 Billion ≈ $165.05 Million	TL2.03 Billion ≈ $45.52 Million	0.276x	+8.71%
2018-12-31	TL6.45 Billion ≈ $144.48 Million	TL1.64 Billion ≈ $36.65 Million	0.254x	+12.30%
2017-12-31	TL5.44 Billion ≈ $121.83 Million	TL1.23 Billion ≈ $27.52 Million	0.226x	-2.61%
2016-12-31	TL5.00 Billion ≈ $111.92 Million	TL1.16 Billion ≈ $25.96 Million	0.232x	+9.83%
2015-12-31	TL4.14 Billion ≈ $92.76 Million	TL874.49 Million ≈ $19.59 Million	0.211x	-4.79%
2014-12-31	TL3.37 Billion ≈ $75.55 Million	TL748.03 Million ≈ $16.75 Million	0.222x	-3.57%
2013-12-31	TL2.87 Billion ≈ $64.31 Million	TL660.37 Million ≈ $14.79 Million	0.230x	-15.38%
2012-12-31	TL1.91 Billion ≈ $42.87 Million	TL520.25 Million ≈ $11.65 Million	0.272x	+59.77%
2011-12-31	TL1.67 Billion ≈ $37.41 Million	TL284.12 Million ≈ $6.36 Million	0.170x	-9.70%
2010-12-31	TL1.44 Billion ≈ $32.14 Million	TL270.36 Million ≈ $6.06 Million	0.188x	+15.02%
2009-12-31	TL1.27 Billion ≈ $28.44 Million	TL208.00 Million ≈ $4.66 Million	0.164x	-10.47%
2008-12-31	TL1.11 Billion ≈ $24.82 Million	TL202.75 Million ≈ $4.54 Million	0.183x	-31.85%
2007-12-31	TL924.42 Million ≈ $20.70 Million	TL248.17 Million ≈ $5.56 Million	0.268x	+29.34%
2006-12-31	TL878.63 Million ≈ $19.68 Million	TL182.37 Million ≈ $4.08 Million	0.208x	+4.18%
2005-12-31	TL733.35 Million ≈ $16.43 Million	TL146.10 Million ≈ $3.27 Million	0.199x	+54.29%
2004-12-31	TL542.70 Million ≈ $12.16 Million	TL70.08 Million ≈ $1.57 Million	0.129x	-51.10%
2003-12-31	TL558.12 Million ≈ $12.50 Million	TL147.37 Million ≈ $3.30 Million	0.264x	--

About Coca-Cola Icecek AS

IS:CCOLA Turkey Beverages - Non-Alcoholic

Market Cap

$5.02 Billion

TL224.13 Billion TRY

Market Cap Rank

#3607 Global

#19 in Turkey

Share Price

TL80.10

Change (1 day)

-0.06%

52-Week Range

TL45.50 - TL87.75

All Time High

TL87.75