Dev Information Technology Limited
Dev Information Technology Limited provides information technology enabled services in India, Europe, and internationally. The company offers cloud services, including cloud advisory, cloud application modernization, managed cloud, enterprise devOps, and backup and recovery services; and managed IT services, such as managed digital workplace and data center support services, as well as applicatio… Read more
Dev Information Technology Limited (DEVIT) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.054x
Based on the latest financial reports, Dev Information Technology Limited (DEVIT) has a cash flow conversion efficiency ratio of 0.054x 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 (₹70.05 Million) by net assets (₹1.29 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Dev Information Technology Limited - Cash Flow Conversion Efficiency Trend (2012–2024)
This chart illustrates how Dev Information Technology Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Dev Information Technology Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Dev Information Technology Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Fifth Era Acquisition Corp I Rights
NASDAQ:FERAR
|
N/A |
|
Bulletin Resources Limited
F:7BR
|
-0.045x |
|
Sienna Resources Inc
PINK:SNNAF
|
-0.055x |
|
DC HEALTHCARE HOLDINGS BERHAD
KLSE:0283
|
0.042x |
|
Wise Group AB
ST:WISE
|
0.075x |
|
Mountain Province Diamonds Inc
PINK:MPVDF
|
0.020x |
|
Herkules S.A.
WAR:HRS
|
0.023x |
|
Top KingWin Ltd Class A Ordinary Shares
NASDAQ:TCJH
|
-0.023x |
Annual Cash Flow Conversion Efficiency for Dev Information Technology Limited (2012–2024)
The table below shows the annual cash flow conversion efficiency of Dev Information Technology Limited from 2012 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | ₹687.63 Million | ₹-110.96 Million | -0.161x | -1087.30% |
| 2023-12-31 | ₹582.83 Million | ₹-7.92 Million | -0.014x | +65.68% |
| 2022-12-31 | ₹416.07 Million | ₹-16.48 Million | -0.040x | -127.19% |
| 2021-12-31 | ₹327.79 Million | ₹47.73 Million | 0.146x | -12.21% |
| 2020-12-31 | ₹340.79 Million | ₹56.52 Million | 0.166x | +13.68% |
| 2019-12-31 | ₹335.31 Million | ₹48.92 Million | 0.146x | -37.41% |
| 2018-12-31 | ₹301.56 Million | ₹70.29 Million | 0.233x | +321.12% |
| 2017-12-31 | ₹261.49 Million | ₹-27.57 Million | -0.105x | -120.00% |
| 2016-12-31 | ₹162.39 Million | ₹85.58 Million | 0.527x | +143.09% |
| 2015-12-31 | ₹109.11 Million | ₹23.66 Million | 0.217x | +162.94% |
| 2014-12-31 | ₹90.00 Million | ₹7.42 Million | 0.082x | -75.07% |
| 2013-12-31 | ₹78.78 Million | ₹26.05 Million | 0.331x | +3679.95% |
| 2012-12-31 | ₹68.62 Million | ₹-634.00K | -0.009x | -- |