Turkish Airlines
Türk Hava Yollari Anonim Ortakligi provides air transport and aircraft technical maintenance services in Turkey and internationally. The company offers domestic and international passenger and cargo air transportation services; repair and maintenance; technical and infrastructure support services related to aviation sector; technology and information services; support services; occupational healt… Read more
Turkish Airlines (THYAO) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.036x
Based on the latest financial reports, Turkish Airlines (THYAO) has a cash flow conversion efficiency ratio of 0.036x 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 (TL737.00 Million) by net assets (TL20.37 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Turkish Airlines - Cash Flow Conversion Efficiency Trend (2003–2024)
This chart illustrates how Turkish Airlines's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Turkish Airlines Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Turkish Airlines ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Paramount Skydance Corporation Class B Common Stock
NASDAQ:PSKY
|
0.007x |
|
Airports Of Thailand PCL
BK:AOT
|
0.071x |
|
Compagnie Générale des Établissements Michelin Société en commandite par actions
PINK:MGDDF
|
0.022x |
|
PharmaEssentia
TW:6446
|
0.075x |
|
TXNM Energy, Inc.
NYSE:TXNM
|
0.081x |
|
Southwest Gas Holdings Inc
NYSE:SWX
|
0.014x |
|
Formosa Plastics Corp
TW:1301
|
0.025x |
|
Hiscox Ltd
PINK:HCXLY
|
0.058x |
Annual Cash Flow Conversion Efficiency for Turkish Airlines (2003–2024)
The table below shows the annual cash flow conversion efficiency of Turkish Airlines from 2003 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | TL680.01 Billion | TL3.84 Billion | 0.006x | -47.44% |
| 2023-12-31 | TL457.11 Billion | TL4.91 Billion | 0.011x | -98.33% |
| 2022-12-31 | TL181.43 Billion | TL117.01 Billion | 0.645x | -91.07% |
| 2021-12-31 | TL6.84 Billion | TL49.36 Billion | 7.220x | +4991.25% |
| 2020-12-31 | TL39.51 Billion | TL5.60 Billion | 0.142x | -92.54% |
| 2019-12-31 | TL6.86 Billion | TL13.03 Billion | 1.900x | +16.89% |
| 2018-12-31 | TL5.91 Billion | TL9.61 Billion | 1.626x | -4.16% |
| 2017-12-31 | TL5.31 Billion | TL9.01 Billion | 1.696x | +343.52% |
| 2016-12-31 | TL5.07 Billion | TL1.94 Billion | 0.382x | +33.33% |
| 2015-12-31 | TL14.09 Billion | TL4.04 Billion | 0.287x | -0.67% |
| 2014-12-31 | TL9.15 Billion | TL2.64 Billion | 0.289x | -29.22% |
| 2013-12-31 | TL6.96 Billion | TL2.84 Billion | 0.408x | +8.12% |
| 2012-12-31 | TL5.41 Billion | TL2.04 Billion | 0.377x | +9.38% |
| 2011-12-31 | TL4.50 Billion | TL1.55 Billion | 0.345x | +50.14% |
| 2010-12-31 | TL3.75 Billion | TL861.17 Million | 0.230x | -32.70% |
| 2009-12-31 | TL3.44 Billion | TL1.18 Billion | 0.341x | -31.08% |
| 2008-12-31 | TL2.99 Billion | TL1.48 Billion | 0.495x | +83.09% |
| 2006-12-31 | TL1.61 Billion | TL435.57 Million | 0.271x | -22.51% |
| 2005-12-31 | TL1.25 Billion | TL435.94 Million | 0.349x | +20.97% |
| 2004-12-31 | TL1.11 Billion | TL320.45 Million | 0.289x | -50.57% |
| 2003-12-31 | TL881.11 Trillion | TL514.56 Trillion | 0.584x | -- |