Clicks (CLS) - Cash Flow Conversion Efficiency

Latest as of February 2026: 0.172x

Based on the latest financial reports, Clicks (CLS) has a cash flow conversion efficiency ratio of 0.172x as of February 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 (ZAC1.05 Billion ≈ $557.76K USD) by net assets (ZAC6.10 Billion ≈ $3.24 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 CLS equity financing ratio to measure how much of total assets are equity-financed.

Clicks - Cash Flow Conversion Efficiency Trend (2002–2025)

This chart illustrates how Clicks's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Clicks earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.

Clicks Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Clicks ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Joincare Pharmaceutical Group Industry Co Ltd SHG:600380	0.044x
Airoha Technology Corp TW:6526	0.071x
Bufab Holding AB ST:BUFAB	0.064x
Penn National Gaming Inc NASDAQ:PENN	0.067x
Piramal Enterprises Limited NSE:PEL	-0.299x
Clearway Energy Inc Class C NYSE:CWEN	0.030x
Meinian Onehealth Healthcare Holdings Co Ltd SHE:002044	0.028x
Delek Logistics Partners LP NYSE:DKL	-8.454x

Annual Cash Flow Conversion Efficiency for Clicks (2002–2025)

The table below shows the annual cash flow conversion efficiency of Clicks from 2002 to 2025. For the full company profile with market capitalisation and key ratios, see market cap of Clicks.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-08-31	ZAC6.86 Billion ≈ $3.64 Million	ZAC5.24 Billion ≈ $2.79 Million	0.764x	+2.60%
2024-08-31	ZAC6.29 Billion ≈ $3.34 Million	ZAC4.68 Billion ≈ $2.49 Million	0.745x	+34.23%
2023-08-31	ZAC5.96 Billion ≈ $3.17 Million	ZAC3.31 Billion ≈ $1.76 Million	0.555x	+64.96%
2022-08-31	ZAC5.70 Billion ≈ $3.03 Million	ZAC1.92 Billion ≈ $1.02 Million	0.336x	-30.08%
2021-08-31	ZAC4.81 Billion ≈ $2.55 Million	ZAC2.31 Billion ≈ $1.23 Million	0.481x	+64.74%
2020-08-31	ZAC5.19 Billion ≈ $2.76 Million	ZAC1.52 Billion ≈ $806.10K	0.292x	-23.90%
2019-08-31	ZAC4.91 Billion ≈ $2.61 Million	ZAC1.89 Billion ≈ $1.00 Million	0.384x	+21.98%
2018-08-31	ZAC4.43 Billion ≈ $2.35 Million	ZAC1.39 Billion ≈ $740.27K	0.315x	+21.60%
2017-08-31	ZAC3.30 Billion ≈ $1.75 Million	ZAC853.80 Million ≈ $453.75K	0.259x	-16.43%
2016-08-31	ZAC2.45 Billion ≈ $1.30 Million	ZAC759.14 Million ≈ $403.45K	0.310x	-22.01%
2015-08-31	ZAC2.01 Billion ≈ $1.07 Million	ZAC798.99 Million ≈ $424.62K	0.397x	-39.92%
2014-08-31	ZAC1.57 Billion ≈ $832.77K	ZAC1.04 Billion ≈ $550.21K	0.661x	+47.01%
2013-08-31	ZAC1.38 Billion ≈ $731.72K	ZAC618.81 Million ≈ $328.87K	0.449x	+42.21%
2012-08-31	ZAC1.35 Billion ≈ $716.87K	ZAC426.32 Million ≈ $226.57K	0.316x	-20.05%
2011-08-31	ZAC965.19 Million ≈ $512.95K	ZAC381.56 Million ≈ $202.78K	0.395x	+139.51%
2010-08-31	ZAC1.14 Billion ≈ $606.56K	ZAC188.39 Million ≈ $100.12K	0.165x	-78.56%
2009-08-31	ZAC1.13 Billion ≈ $598.02K	ZAC866.40 Million ≈ $460.44K	0.770x	+719.49%
2008-08-31	ZAC1.14 Billion ≈ $608.23K	ZAC107.53 Million ≈ $57.15K	0.094x	-88.10%
2007-08-31	ZAC1.30 Billion ≈ $688.86K	ZAC1.02 Billion ≈ $543.68K	0.789x	+969.41%
2006-08-31	ZAC1.59 Billion ≈ $847.10K	ZAC117.64 Million ≈ $62.52K	0.074x	+852.52%
2005-08-31	ZAC1.34 Billion ≈ $712.26K	ZAC-13.14 Million ≈ $-6.99K	-0.010x	-106.15%
2004-08-31	ZAC1.37 Billion ≈ $729.52K	ZAC218.96 Million ≈ $116.37K	0.160x	-23.91%
2003-08-31	ZAC1.61 Billion ≈ $854.84K	ZAC337.21 Million ≈ $179.21K	0.210x	+19.87%
2002-08-31	ZAC1.22 Billion ≈ $649.30K	ZAC213.66 Million ≈ $113.55K	0.175x	--

About Clicks

JSE:CLS South Africa Pharmaceutical Retailers

Market Cap

$2.74 Billion

ZAC5.16 Trillion ZAC

Market Cap Rank

#5102 Global

#38 in South Africa

Share Price

ZAC22054.00

Change (1 day)

+1.37%

52-Week Range

ZAC21077.00 - ZAC38618.00

All Time High

ZAC40383.00