WICE Logistics PCL (WICE) — Cash Flow Quality Index
Latest as of September 2025:
0.39x
WICE Logistics PCL (WICE) has a Cash Flow Quality Index of 0.39x as of September 2025. Operating cash flow of ฿10.50 Million is below net income of ฿26.75 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore WICE operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
0.39x
Operating CF / Net Income
Operating Cash Flow
฿10.50 Million
THB
Net Income
฿26.75 Million
THB
Data as of
Sep 2025
Most recent filing
WICE Logistics PCL Cash Flow Quality Index (2013–2024)
Historical Cash Flow Quality Index for WICE Logistics PCL across 12 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see WICE cash flow conversion.
Annual Cash Flow Quality Index for WICE Logistics PCL (2013–2024)
Year-by-year earnings quality comparison for WICE Logistics PCL.
| Year | Quality Index | Operating CF (THB) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 2.15x | ฿210.33 Million | ฿97.73 Million | ▲ +121.9% |
| 2023 | 0.97x | ฿165.29 Million | ฿170.39 Million | ▼ -12.7% |
| 2022 | 1.11x | ฿837.85 Million | ฿753.90 Million | ▲ +37.4% |
| 2021 | 0.81x | ฿621.46 Million | ฿768.27 Million | ▼ -4.7% |
| 2020 | 0.85x | ฿274.62 Million | ฿323.66 Million | ▼ -41.4% |
| 2019 | 1.45x | ฿93.69 Million | ฿64.72 Million | ▲ +20.9% |
| 2018 | 1.20x | ฿167.56 Million | ฿139.96 Million | ▲ +34.5% |
| 2017 | 0.89x | ฿116.40 Million | ฿130.81 Million | ▲ +23.9% |
| 2016 | 0.72x | ฿70.85 Million | ฿98.68 Million | ▼ -4.6% |
| 2015 | 0.75x | ฿54.71 Million | ฿72.68 Million | ▲ +13.6% |
| 2014 | 0.66x | ฿52.25 Million | ฿78.88 Million | ▼ -88.1% |
| 2013 | 5.55x | ฿116.19 Million | ฿20.95 Million | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.