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. See BEST Inc balance sheet quality to measure how much of total assets are equity-financed.
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. Check earnings quality score of BEST Inc to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Cheche Group Inc. Class A Ordinary Shares
NASDAQ:CCG
|
-0.012x |
|
Hofseth Biocare ASA
OL:HBC
|
0.167x |
|
AmanahRaya Real Estate Investment Trust
KLSE:5127
|
0.006x |
|
Impulse Fitness Solutions SA
PA:MLIFS
|
N/A |
|
Global Education Limited
NSE:GLOBAL
|
0.078x |
|
Thunderbird Entertainment Group Inc
V:TBRD
|
-0.099x |
|
Cloud Air Co.Ltd
KQ:036170
|
0.001x |
|
JAKS Resources Bhd
KLSE:4723
|
-0.007x |
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 BEST market cap.
| 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