Indeks Bilgisayar Sistemleri Muhendislik Sanayi ve Ticaret AS (INDES) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.147x

Based on the latest financial reports, Indeks Bilgisayar Sistemleri Muhendislik Sanayi ve Ticaret AS (INDES) has a cash flow conversion efficiency ratio of 0.147x as of September 2025. 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 (TL985.26 Million ≈ $22.07 Million USD) by net assets (TL6.71 Billion ≈ $150.28 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 INDES equity financing ratio to measure how much of total assets are equity-financed.

Indeks Bilgisayar Sistemleri Muhendislik Sanayi ve Ticaret AS - Cash Flow Conversion Efficiency Trend (2003–2024)

This chart illustrates how Indeks Bilgisayar Sistemleri Muhendislik Sanayi ve Ticaret AS's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Indeks Bilgisayar Sistemleri Muhendislik cash earnings quality to evaluate the quality of earnings relative to operating cash generation.

Indeks Bilgisayar Sistemleri Muhendislik Sanayi ve Ticaret AS Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Indeks Bilgisayar Sistemleri Muhendislik Sanayi ve Ticaret AS ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Equity Commonwealth NYSE:EQC	0.127x
Wallix Group SA PA:ALLIX	0.192x
Hwashin KO:010690	-0.076x
Hyosung Chemical Corp KO:298000	-0.068x
Hercules Metals Corp. V:BIG	-0.373x
Phoenix Asia Holdings Limited Ordinary Shares NASDAQ:PHOE	0.031x
China Glaze Co Ltd TW:1809	0.014x
Tavia Acquisition Corp. Ordinary Shares NASDAQ:TAVI	-0.001x

Annual Cash Flow Conversion Efficiency for Indeks Bilgisayar Sistemleri Muhendislik Sanayi ve Ticaret AS (2003–2024)

The table below shows the annual cash flow conversion efficiency of Indeks Bilgisayar Sistemleri Muhendislik Sanayi ve Ticaret AS from 2003 to 2024. For the full company profile with market capitalisation and key ratios, see INDES company net worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	TL5.08 Billion ≈ $113.74 Million	TL3.15 Billion ≈ $70.48 Million	0.620x	+13.55%
2023-12-31	TL3.42 Billion ≈ $76.49 Million	TL1.86 Billion ≈ $41.74 Million	0.546x	-32.87%
2022-12-31	TL1.62 Billion ≈ $36.36 Million	TL1.32 Billion ≈ $29.56 Million	0.813x	+19.08%
2021-12-31	TL1.09 Billion ≈ $24.48 Million	TL746.11 Million ≈ $16.71 Million	0.683x	-53.78%
2020-12-31	TL666.93 Million ≈ $14.94 Million	TL985.02 Million ≈ $22.06 Million	1.477x	+399.47%
2019-12-31	TL490.39 Million ≈ $10.98 Million	TL-241.85 Million ≈ $-5.42 Million	-0.493x	-220.44%
2018-12-31	TL417.59 Million ≈ $9.35 Million	TL171.00 Million ≈ $3.83 Million	0.409x	+11.44%
2017-12-31	TL356.47 Million ≈ $7.98 Million	TL130.99 Million ≈ $2.93 Million	0.367x	-72.22%
2016-12-31	TL223.45 Million ≈ $5.00 Million	TL295.59 Million ≈ $6.62 Million	1.323x	+331.58%
2015-12-31	TL207.84 Million ≈ $4.66 Million	TL-118.72 Million ≈ $-2.66 Million	-0.571x	-286.89%
2014-12-31	TL171.92 Million ≈ $3.85 Million	TL-25.38 Million ≈ $-568.53K	-0.148x	-162.80%
2013-12-31	TL145.13 Million ≈ $3.25 Million	TL34.12 Million ≈ $764.16K	0.235x	+0.10%
2012-12-31	TL139.52 Million ≈ $3.12 Million	TL32.77 Million ≈ $733.85K	0.235x	+36.14%
2011-12-31	TL138.45 Million ≈ $3.10 Million	TL23.88 Million ≈ $534.92K	0.173x	-58.14%
2010-12-31	TL120.44 Million ≈ $2.70 Million	TL49.63 Million ≈ $1.11 Million	0.412x	+1715.54%
2009-12-31	TL112.78 Million ≈ $2.53 Million	TL2.56 Million ≈ $57.34K	0.023x	-51.28%
2008-12-31	TL95.13 Million ≈ $2.13 Million	TL4.43 Million ≈ $99.27K	0.047x	-74.13%
2007-12-31	TL93.16 Million ≈ $2.09 Million	TL16.77 Million ≈ $375.67K	0.180x	+44.21%
2005-12-31	TL62.51 Million ≈ $1.40 Million	TL7.80 Million ≈ $174.79K	0.125x	+2.97%
2004-12-31	TL50.92 Million ≈ $1.14 Million	TL6.17 Million ≈ $138.28K	0.121x	-51.51%
2003-12-31	TL30.89 Million ≈ $691.86K	TL7.72 Million ≈ $173.00K	0.250x	--

About Indeks Bilgisayar Sistemleri Muhendislik Sanayi ve Ticaret AS

IS:INDES Turkey Electronics & Computer Distribution

Market Cap

$169.66 Million

TL7.58 Billion TRY

Market Cap Rank

#17120 Global

#211 in Turkey

Share Price

TL10.10

Change (1 day)

+3.48%

52-Week Range

TL7.02 - TL12.65

All Time High

TL12.65