Pico (Thailand) Public Company Limited (PICO) — Cash Flow Quality Index
Pico (Thailand) Public Company Limited (PICO) has a Cash Flow Quality Index of 2.30x as of October 2025. Operating cash flow of ฿67.84 Million exceeds net income of ฿29.49 Million, indicating high earnings quality where cash backs reported profits. Explore PICO operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Pico (Thailand) Public Company Limited Cash Flow Quality Index (2003–2025)
Historical Cash Flow Quality Index for Pico (Thailand) Public Company Limited across 20 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see PICO cash flow metrics.
Annual Cash Flow Quality Index for Pico (Thailand) Public Company Limited (2003–2025)
Year-by-year earnings quality comparison for Pico (Thailand) Public Company Limited.
| Year | Quality Index | Operating CF (THB) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 4.08x | ฿80.33 Million | ฿19.70 Million | ▲ +47.1% |
| 2024 | 2.77x | ฿106.83 Million | ฿38.53 Million | ▼ -16.1% |
| 2023 | 3.31x | ฿96.24 Million | ฿29.12 Million | ▲ +391.9% |
| 2022 | -1.13x | ฿-29.38 Million | ฿25.94 Million | ▲ +51.6% |
| 2019 | -2.34x | ฿-151.43 Million | ฿64.78 Million | ▼ -221.9% |
| 2018 | 1.92x | ฿186.16 Million | ฿97.05 Million | ▼ -33.5% |
| 2017 | 2.89x | ฿162.70 Million | ฿56.39 Million | ▲ +76.2% |
| 2016 | 1.64x | ฿78.49 Million | ฿47.93 Million | ▲ +253.8% |
| 2015 | 0.46x | ฿39.99 Million | ฿86.40 Million | ▼ -98.9% |
| 2014 | 43.06x | ฿63.31 Million | ฿1.47 Million | ▲ +162429.5% |
| 2013 | -0.03x | ฿-1.50 Million | ฿56.63 Million | ▼ -101.0% |
| 2012 | 2.55x | ฿252.90 Million | ฿99.28 Million | ▲ +50.7% |
| 2011 | 1.69x | ฿125.22 Million | ฿74.08 Million | ▲ +193.4% |
| 2010 | -1.81x | ฿-89.07 Million | ฿49.23 Million | ▼ -206.3% |
| 2008 | 1.70x | ฿109.78 Million | ฿64.48 Million | ▲ +707.6% |
| 2007 | 0.21x | ฿10.57 Million | ฿50.14 Million | ▼ -84.6% |
| 2006 | 1.37x | ฿97.55 Million | ฿71.25 Million | ▼ -18.5% |
| 2005 | 1.68x | ฿70.08 Million | ฿41.70 Million | ▲ +2775.3% |
| 2004 | 0.06x | ฿2.41 Million | ฿41.17 Million | ▼ -95.2% |
| 2003 | 1.21x | ฿36.38 Million | ฿30.14 Million | — |