Smartiks Yazilim AS (SMART) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Smartiks Yazilim AS (SMART) has a cash flow conversion efficiency ratio of 0.098x as of March 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 (TL37.63 Million ≈ $842.86K USD) by net assets (TL385.70 Million ≈ $8.64 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 operational self-sufficiency of Smartiks Yazilim AS to measure how many days the company can operate on defensive assets alone.
Smartiks Yazilim AS - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how Smartiks Yazilim AS's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Smartiks Yazilim AS Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Smartiks Yazilim AS ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Nexus Minerals Ltd
AU:NXM
|
-0.347x |
|
WITTED MEGACORP OYJ EO 1
F:8OS
|
0.106x |
|
Eutilex.Co.Ltd
KQ:263050
|
-0.083x |
|
Conduril - Engenharia S.A
LS:CDU
|
N/A |
|
Rig Tenders Tbk
JK:RIGS
|
0.040x |
|
ECO WAVE POW.GL. SP.ADR/8
F:1KW0
|
N/A |
|
Bayu Buana Tbk
JK:BAYU
|
-0.131x |
|
Wooree E&L Co. Ltd
KQ:153490
|
0.032x |
Annual Cash Flow Conversion Efficiency for Smartiks Yazilim AS (2017–2024)
The table below shows the annual cash flow conversion efficiency of Smartiks Yazilim AS from 2017 to 2024. For the full company profile with market capitalisation and key ratios, see how much is Smartiks Yazilim AS worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | TL346.23 Million ≈ $7.75 Million |
TL117.02 Million ≈ $2.62 Million |
0.338x | +6.05% |
| 2023-12-31 | TL333.01 Million ≈ $7.46 Million |
TL106.13 Million ≈ $2.38 Million |
0.319x | -19.79% |
| 2022-12-31 | TL75.38 Million ≈ $1.69 Million |
TL29.95 Million ≈ $670.85K |
0.397x | +10.79% |
| 2021-12-31 | TL68.90 Million ≈ $1.54 Million |
TL24.71 Million ≈ $553.52K |
0.359x | +30.37% |
| 2020-12-31 | TL65.21 Million ≈ $1.46 Million |
TL17.94 Million ≈ $401.83K |
0.275x | -3.89% |
| 2019-12-31 | TL61.70 Million ≈ $1.38 Million |
TL17.66 Million ≈ $395.57K |
0.286x | -7.52% |
| 2018-12-31 | TL27.61 Million ≈ $618.40K |
TL8.55 Million ≈ $191.42K |
0.310x | -30.97% |
| 2017-12-31 | TL18.86 Million ≈ $422.35K |
TL8.46 Million ≈ $189.40K |
0.448x | -- |
About Smartiks Yazilim AS
Smartiks Yazilim A.S. provides business solutions, software development, and consultancy services in Türkiye. It offers data security, outsourcing, analysis and process management, data science, data warehouse, customer relationship management, human resources, and software development services. The company was founded in 2006 and is based in Istanbul, Türkiye.