Credo Technology Group Holding Ltd (CRDO) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Credo Technology Group Holding Ltd (CRDO) has a cash flow conversion efficiency ratio of 0.090x as of January 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 ($166.22 Million) by net assets ($1.85 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Credo Technology Group Holding Ltd (CRDO) liquidity interval to measure how many days the company can operate on defensive assets alone.
Credo Technology Group Holding Ltd - Cash Flow Conversion Efficiency Trend (2020–2025)
This chart illustrates how Credo Technology Group Holding Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Credo Technology Group Holding Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Credo Technology Group Holding Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Hanwha Aerospace Co Ltd
KO:012450
|
-0.071x |
|
Waters Corporation
NYSE:WAT
|
0.000x |
|
Paychex Inc
NASDAQ:PAYX
|
0.202x |
|
Swiss Re AG
SW:SREN
|
0.062x |
|
Telefonaktiebolaget LM Ericsson B ADR
NASDAQ:ERIC
|
0.075x |
|
Trip.com Group Ltd ADR
NASDAQ:TCOM
|
0.014x |
|
Teva Pharmaceutical Industries Limited
F:TEV
|
-0.005x |
|
SSE PLC ADR LS-50 1
F:SCTA
|
N/A |
Annual Cash Flow Conversion Efficiency for Credo Technology Group Holding Ltd (2020–2025)
The table below shows the annual cash flow conversion efficiency of Credo Technology Group Holding Ltd from 2020 to 2025. For the full company profile with market capitalisation and key ratios, see Credo Technology Group Holding Ltd (CRDO) total market value.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-04-30 | $681.58 Million | $65.08 Million | 0.095x | +57.57% |
| 2024-04-30 | $540.20 Million | $32.74 Million | 0.061x | +185.59% |
| 2023-04-30 | $347.63 Million | $-24.61 Million | -0.071x | +23.26% |
| 2022-04-30 | $334.16 Million | $-30.83 Million | -0.092x | -112.07% |
| 2021-04-30 | $-55.43 Million | $-42.36 Million | 0.764x | -29.88% |
| 2020-04-30 | $-9.41 Million | $-10.25 Million | 1.090x | -- |
About Credo Technology Group Holding Ltd
Credo Technology Group Holding Ltd provides various high-speed connectivity solutions for optical and electrical Ethernet, and PCIe applications in the United States, Taiwan, Mainland China, Hong Kong, and internationally. It provides HiWire active electrical cables solutions, including HiWire CLOS, SPAN, SHIFT, and SWITCH; optical PAM4 digital signal processors; low-power line card PHY; serializ… Read more