Top Glove Corporation Bhd
Top Glove Corporation Bhd., an investment holding company, manufactures, trades in, and sells gloves in Malaysia, Thailand, the People's Republic of China, and internationally. The company offers nitrile, latex, surgical, rubber, examination, medical, and vinyl gloves; concentrate and synthetic latex, formers, chemicals and chemical compounds, rubber dental dams, exercise bands, condoms, and rubb… Read more
Top Glove Corporation Bhd (TPGVF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of August 2025: 0.038x
Based on the latest financial reports, Top Glove Corporation Bhd (TPGVF) has a cash flow conversion efficiency ratio of 0.038x as of August 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 ($179.51 Million) by net assets ($4.78 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Top Glove Corporation Bhd - Cash Flow Conversion Efficiency Trend (2016–2025)
This chart illustrates how Top Glove Corporation Bhd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Top Glove Corporation Bhd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Top Glove Corporation Bhd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Indian Renewable Energy Development Agency Limited
NSE:IREDA
|
0.062x |
|
Superior Plus Corp
PINK:SUUIF
|
0.015x |
|
Five9 Inc
NASDAQ:FIVN
|
0.106x |
|
Suzhou Hailu Heavy Industry Co Ltd
SHE:002255
|
0.055x |
|
SIMCERE PHARMAC. GRP LTD
F:S2P
|
N/A |
|
TriNet Group Inc
NYSE:TNET
|
1.130x |
|
MCC Meili Paper Industry Co Ltd
SHE:000815
|
0.062x |
|
Gilat Satellite Networks Ltd
NASDAQ:GILT
|
-0.013x |
Annual Cash Flow Conversion Efficiency for Top Glove Corporation Bhd (2016–2025)
The table below shows the annual cash flow conversion efficiency of Top Glove Corporation Bhd from 2016 to 2025.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-08-31 | $4.78 Billion | $300.74 Million | 0.063x | +1674.42% |
| 2024-08-31 | $5.84 Billion | $20.70 Million | 0.004x | -83.96% |
| 2023-08-31 | $5.93 Billion | $131.06 Million | 0.022x | -15.98% |
| 2022-08-31 | $6.79 Billion | $178.81 Million | 0.026x | -97.57% |
| 2021-08-31 | $7.22 Billion | $7.83 Billion | 1.084x | +94.21% |
| 2020-08-31 | $6.19 Billion | $3.46 Billion | 0.558x | +170.94% |
| 2019-08-31 | $2.55 Billion | $526.19 Million | 0.206x | +44.80% |
| 2018-08-31 | $2.40 Billion | $341.22 Million | 0.142x | -22.93% |
| 2017-08-31 | $2.06 Billion | $381.09 Million | 0.185x | -22.29% |
| 2016-08-31 | $1.83 Billion | $433.71 Million | 0.238x | -- |