Freightways Limited
Freightways Group Limited provides express package and business mail, and information management services in New Zealand, Australia, and internationally. It operates through Express Package and Business Mail, Information Management, and Corporate and Other segments. The company provides network courier services under the New Zealand Couriers, Post Haste Couriers, Castle Parcels, Allied Express, a… Read more
Freightways Limited (FTWYF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2023: 0.080x
Based on the latest financial reports, Freightways Limited (FTWYF) has a cash flow conversion efficiency ratio of 0.080x as of June 2023.
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 ($38.01 Million) by net assets ($476.60 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Freightways Limited - Cash Flow Conversion Efficiency Trend (2014–2023)
This chart illustrates how Freightways 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.
Freightways Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Freightways Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Lingyun Ind
SHG:600480
|
0.044x |
|
Uxi Unicomp Technology Co. Ltd. A
SHG:688531
|
N/A |
|
Ficont Industry (Beijing) Co. Ltd.
SHG:605305
|
0.030x |
|
Norwegian Air Shuttle ASA
PINK:NWARF
|
0.037x |
|
Middlesex Water Company
NASDAQ:MSEX
|
0.025x |
|
VusionGroup
PA:VU
|
1.509x |
|
Champion Iron Limited
OTCQX:CIAFF
|
0.054x |
|
Navan, Inc. Class A Common Stock
NASDAQ:NAVN
|
-0.005x |
Annual Cash Flow Conversion Efficiency for Freightways Limited (2014–2023)
The table below shows the annual cash flow conversion efficiency of Freightways Limited from 2014 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-06-30 | $476.60 Million | $155.81 Million | 0.327x | -5.74% |
| 2022-06-30 | $356.61 Million | $123.68 Million | 0.347x | -11.17% |
| 2021-06-30 | $341.22 Million | $133.22 Million | 0.390x | -2.74% |
| 2020-06-30 | $316.78 Million | $127.17 Million | 0.401x | +44.72% |
| 2019-06-30 | $274.01 Million | $76.01 Million | 0.277x | -5.39% |
| 2018-06-30 | $258.22 Million | $75.71 Million | 0.293x | +6.29% |
| 2017-06-30 | $236.57 Million | $65.26 Million | 0.276x | -4.09% |
| 2016-06-30 | $214.86 Million | $61.79 Million | 0.288x | -12.44% |
| 2015-06-30 | $208.39 Million | $68.44 Million | 0.328x | +10.03% |
| 2014-06-30 | $199.44 Million | $59.54 Million | 0.299x | -- |