Harvey Norman Holdings Ltd (HVN) — Cash Flow Quality Index
Harvey Norman Holdings Ltd (HVN) has a Cash Flow Quality Index of 1.22x as of December 2025. Operating cash flow of AU$392.88 Million exceeds net income of AU$321.91 Million, indicating high earnings quality where cash backs reported profits. Explore cash flow conversion of Harvey Norman Holdings Ltd to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Harvey Norman Holdings Ltd Cash Flow Quality Index (2000–2025)
Historical Cash Flow Quality Index for Harvey Norman Holdings Ltd across 21 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check HVN cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Harvey Norman Holdings Ltd (2000–2025)
Year-by-year earnings quality comparison for Harvey Norman Holdings Ltd. For live market cap and the full company financial profile, see Harvey Norman Holdings Ltd stock valuation.
| Year | Quality Index | Operating CF (AUD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.34x | AU$694.30 Million | AU$518.02 Million | ▼ -31.2% |
| 2024 | 1.95x | AU$686.53 Million | AU$352.45 Million | ▲ +54.5% |
| 2023 | 1.26x | AU$680.26 Million | AU$539.52 Million | ▲ +71.3% |
| 2022 | 0.74x | AU$597.30 Million | AU$811.53 Million | ▲ +13.9% |
| 2021 | 0.65x | AU$543.87 Million | AU$841.41 Million | ▼ -70.6% |
| 2020 | 2.20x | AU$1.06 Billion | AU$480.54 Million | ▲ +137.3% |
| 2019 | 0.93x | AU$372.85 Million | AU$402.32 Million | ▼ -23.4% |
| 2018 | 1.21x | AU$454.17 Million | AU$375.38 Million | ▲ +27.8% |
| 2017 | 0.95x | AU$425.14 Million | AU$448.98 Million | ▼ -24.6% |
| 2016 | 1.26x | AU$437.69 Million | AU$348.61 Million | ▼ -1.1% |
| 2015 | 1.27x | AU$340.45 Million | AU$268.10 Million | ▼ -20.7% |
| 2014 | 1.60x | AU$338.94 Million | AU$211.69 Million | ▼ -4.8% |
| 2013 | 1.68x | AU$239.22 Million | AU$142.21 Million | ▲ +44.4% |
| 2012 | 1.17x | AU$200.94 Million | AU$172.47 Million | ▼ -18.1% |
| 2011 | 1.42x | AU$358.97 Million | AU$252.25 Million | ▼ -14.9% |
| 2010 | 1.67x | AU$386.87 Million | AU$231.41 Million | ▼ -19.0% |
| 2009 | 2.06x | AU$442.50 Million | AU$214.35 Million | ▲ +155.6% |
| 2008 | 0.81x | AU$289.45 Million | AU$358.45 Million | ▼ -26.0% |
| 2007 | 1.09x | AU$444.43 Million | AU$407.25 Million | ▲ +56.8% |
| 2006 | 0.70x | AU$159.76 Million | AU$229.56 Million | ▼ -36.5% |
| 2000 | 1.10x | AU$121.87 Million | AU$111.27 Million | — |