BEST Inc (BEST) - Cash Flow Conversion Efficiency
Based on the latest financial reports, BEST Inc (BEST) has a cash flow conversion efficiency ratio of 0.599x as of March 2024. 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 ($-138.52 Million) by net assets ($-231.34 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
BEST Inc - Cash Flow Conversion Efficiency Trend (2015–2023)
This chart illustrates how BEST Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read debt load of BEST Inc for a breakdown of total debt and financial obligations.
BEST Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of BEST Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
BenQ Medical Technology
TWO:4116
|
0.084x |
|
Cs Holdings
KO:000590
|
0.007x |
|
Endurance Gold Corp
V:EDG
|
-0.010x |
|
Creas F&C Co.Ltd
KQ:110790
|
-0.010x |
|
Vbt Yazilim AS
IS:VBTYZ
|
-0.057x |
|
HeiTech Padu Bhd
KLSE:5028
|
-0.582x |
|
Thunderbird Entertainment Group Inc
V:TBRD
|
-0.099x |
|
Cho Bi
KO:001550
|
0.443x |
Annual Cash Flow Conversion Efficiency for BEST Inc (2015–2023)
The table below shows the annual cash flow conversion efficiency of BEST Inc from 2015 to 2023. For the full company profile with market capitalisation and key ratios, see market value of BEST Inc.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $-69.91 Million | $-545.09 Million | 7.797x | +660.63% |
| 2022-12-31 | $803.75 Million | $-1.12 Billion | -1.391x | -8.14% |
| 2021-12-31 | $2.22 Billion | $-2.85 Billion | -1.286x | -859.19% |
| 2020-12-31 | $1.72 Billion | $-231.24 Million | -0.134x | -161.56% |
| 2019-12-31 | $3.92 Billion | $852.83 Million | 0.218x | +41.53% |
| 2018-12-31 | $4.14 Billion | $637.20 Million | 0.154x | +477.63% |
| 2017-12-31 | $4.39 Billion | $117.04 Million | 0.027x | -54.37% |
| 2016-12-31 | $-13.51 Billion | $-788.79 Million | 0.058x | +50.15% |
| 2015-12-31 | $-8.03 Billion | $-312.18 Million | 0.039x | -- |
About BEST Inc
BEST Inc. operates as a smart supply chain service provider in the People's Republic of China and Indonesia. The company operates through four segments: Freight Delivery, Supply Chain Management, Global Logistics, and Others. Its proprietary technology platform, BEST Cloud, which enables its ecosystem participants to operate their businesses through various SaaS-based applications. The company ap… Read more