VSE Corporation (VSEC) - Cash Flow Conversion Efficiency
Based on the latest financial reports, VSE Corporation (VSEC) has a cash flow conversion efficiency ratio of 0.024x 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 ($24.09 Million) by net assets ($983.34 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See net asset quality index of VSE Corporation to measure how much of total assets are equity-financed.
VSE Corporation - Cash Flow Conversion Efficiency Trend (1990–2024)
This chart illustrates how VSE Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check VSE Corporation cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
VSE Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of VSE Corporation ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Avantor Inc
NYSE:AVTR
|
0.011x |
|
TMBThanachart Bank Public Company Limited
F:NVPJ
|
0.133x |
|
Wanxiang Qianchao Co Ltd
SHE:000559
|
0.062x |
|
SICC Co. Ltd.
SHG:688234
|
-0.030x |
|
Madison Square Garden Sports Corp
NYSE:MSGS
|
0.289x |
|
AAR Corp
NYSE:AIR
|
0.045x |
|
REINET INVESTMENTS S.C.A.
F:RNT
|
N/A |
|
Shenzhen Salubris Pharmaceuticals Co Ltd
SHE:002294
|
0.045x |
Annual Cash Flow Conversion Efficiency for VSE Corporation (1990–2024)
The table below shows the annual cash flow conversion efficiency of VSE Corporation from 1990 to 2024. For the full company profile with market capitalisation and key ratios, see VSEC company net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $988.19 Million | $-31.04 Million | -0.031x | +11.26% |
| 2023-12-31 | $616.73 Million | $-21.83 Million | -0.035x | -297.63% |
| 2022-12-31 | $449.53 Million | $8.05 Million | 0.018x | +142.46% |
| 2021-12-31 | $417.33 Million | $-17.60 Million | -0.042x | -142.02% |
| 2020-12-31 | $356.32 Million | $35.76 Million | 0.100x | +102.52% |
| 2019-12-31 | $363.10 Million | $17.99 Million | 0.050x | -13.69% |
| 2018-12-31 | $328.39 Million | $18.86 Million | 0.057x | -66.62% |
| 2017-12-31 | $293.10 Million | $50.42 Million | 0.172x | -6.98% |
| 2016-12-31 | $255.19 Million | $47.19 Million | 0.185x | +15.21% |
| 2015-12-31 | $234.09 Million | $37.57 Million | 0.161x | -33.66% |
| 2014-12-31 | $205.49 Million | $49.72 Million | 0.242x | -20.15% |
| 2013-12-31 | $186.80 Million | $56.60 Million | 0.303x | -16.28% |
| 2012-12-31 | $164.34 Million | $59.48 Million | 0.362x | +51.70% |
| 2011-12-31 | $143.60 Million | $34.26 Million | 0.239x | +66.02% |
| 2010-12-31 | $123.78 Million | $17.79 Million | 0.144x | -40.30% |
| 2009-12-31 | $101.31 Million | $24.39 Million | 0.241x | -20.08% |
| 2008-12-31 | $76.12 Million | $22.93 Million | 0.301x | +105.84% |
| 2007-12-31 | $56.38 Million | $8.25 Million | 0.146x | +242.98% |
| 2006-12-31 | $38.24 Million | $1.63 Million | 0.043x | -91.77% |
| 2005-12-31 | $30.15 Million | $15.63 Million | 0.518x | +237.16% |
| 2004-12-31 | $23.04 Million | $-8.71 Million | -0.378x | -212.75% |
| 2003-12-31 | $19.06 Million | $6.39 Million | 0.335x | +14.74% |
| 2002-12-31 | $17.04 Million | $4.98 Million | 0.292x | +241.53% |
| 2001-12-31 | $16.48 Million | $1.41 Million | 0.086x | -33.14% |
| 2000-12-31 | $15.79 Million | $2.02 Million | 0.128x | -54.02% |
| 1999-12-31 | $15.10 Million | $4.20 Million | 0.278x | +13.71% |
| 1998-12-31 | $13.90 Million | $3.40 Million | 0.245x | -62.25% |
| 1997-12-31 | $12.50 Million | $8.10 Million | 0.648x | +315.02% |
| 1996-12-31 | $14.60 Million | $-4.40 Million | -0.301x | -924.66% |
| 1995-12-31 | $13.60 Million | $-400.00K | -0.029x | -105.83% |
| 1994-12-31 | $12.10 Million | $6.10 Million | 0.504x | +318.82% |
| 1993-12-31 | $10.80 Million | $1.30 Million | 0.120x | -62.72% |
| 1992-12-31 | $9.60 Million | $3.10 Million | 0.323x | +232.14% |
| 1991-12-31 | $21.60 Million | $2.10 Million | 0.097x | -72.28% |
| 1990-12-31 | $26.80 Million | $9.40 Million | 0.351x | -- |
About VSE Corporation
VSE Corporation provides aviation aftermarket parts distribution and maintenance, repair, and overhaul services for air transportation assets for commercial and government markets. The company was incorporated in 1959 and is headquartered in Miramar, Florida.