Diriteks Dirilis Tekstil Sanayi ve Ticaret AS (DIRIT) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Diriteks Dirilis Tekstil Sanayi ve Ticaret AS (DIRIT) has a cash flow conversion efficiency ratio of 0.470x as of December 2019. 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-362.65K ≈ $-8.12K USD) by net assets (TL-771.23K ≈ $-17.27K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Diriteks Dirilis Tekstil Sanayi ve Ticar balance sheet independence to measure how much of total assets are equity-financed.
Diriteks Dirilis Tekstil Sanayi ve Ticaret AS - Cash Flow Conversion Efficiency Trend (2012–2019)
This chart illustrates how Diriteks Dirilis Tekstil Sanayi ve Ticaret AS's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Diriteks Dirilis Tekstil Sanayi ve Ticar cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
Diriteks Dirilis Tekstil Sanayi ve Ticaret AS Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Diriteks Dirilis Tekstil Sanayi ve Ticaret AS ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Elkop SA
WAR:EKP
|
0.043x |
|
Plato Gold Corp.
V:PGC
|
-0.015x |
|
Canasil Resources Inc.
V:CLZ
|
0.175x |
|
Advent Wireless Inc
V:AWI
|
0.051x |
|
ARK Resources Bhd
KLSE:7007
|
0.256x |
|
Hansa Investment Company Ltd
LSE:HANA
|
0.020x |
|
Corazon Mining Ltd
AU:CZN
|
-0.019x |
|
Northern Shield Resources Inc.
V:NRN
|
-0.115x |
Annual Cash Flow Conversion Efficiency for Diriteks Dirilis Tekstil Sanayi ve Ticaret AS (2012–2019)
The table below shows the annual cash flow conversion efficiency of Diriteks Dirilis Tekstil Sanayi ve Ticaret AS from 2012 to 2019. For the full company profile with market capitalisation and key ratios, see Diriteks Dirilis Tekstil Sanayi ve Ticar market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2019-12-31 | TL-771.23K ≈ $-17.27K |
TL-4.55 Million ≈ $-101.93K |
5.901x | +1272.19% |
| 2018-12-31 | TL7.21 Million ≈ $161.58K |
TL-3.63 Million ≈ $-81.34K |
-0.503x | -480.09% |
| 2017-12-31 | TL13.37 Million ≈ $299.54K |
TL-1.16 Million ≈ $-25.99K |
-0.087x | -906.44% |
| 2016-12-31 | TL8.69 Million ≈ $194.69K |
TL-74.95K ≈ $-1.68K |
-0.009x | +96.36% |
| 2015-12-31 | TL13.50 Million ≈ $302.38K |
TL-3.20 Million ≈ $-71.56K |
-0.237x | -31677.86% |
| 2014-12-31 | TL12.01 Million ≈ $268.97K |
TL9.00K ≈ $201.58 |
0.001x | -98.54% |
| 2012-12-31 | TL15.05 Million ≈ $337.13K |
TL773.00K ≈ $17.31K |
0.051x | -- |
About Diriteks Dirilis Tekstil Sanayi ve Ticaret AS
Diriteks Dirilis Tekstil Sanayi ve Ticaret A.S., together with its subsidiaries, produces and sells blankets and non-slip carpets in Turkey. Its produces include single, double, and baby blankets. The company is also involved in provision of marketing services; and manufacture of yarn used in blanket and carpet production. Diriteks Dirilis Tekstil Sanayi ve Ticaret A.S. was incorporated in 1996 a… Read more